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Gold prices fluctuated, prompting the Ho Chi Minh City Market Management Department to systematically implement checks on gold and jewelry businesses under its jurisdiction. On April 25, the Ho Chi Minh City Market Management Sub-Department said it directed Market Management Teams to proactively inspect compliance with the law in businesses selling gold and jewelry as part of the 2025 Gold Inspection Plan.
The Sub-Department noted that global political instability, along with international and domestic gold price fluctuations, has created difficulties for consumers. In response, Market Management forces carried out synchronized inspections under the gold and jewelry theme.
Market Management Team No. 5, covering Xom Chiếu, Khánh Hội, Vĩnh Hội, Chợ Quán, An Đông, and Chợ Lớn wards—an area with many gold shops—conducted inspections and handled three gold trading businesses for goods of unclear origin.
Team No. 9 inspected and detected nine organizations with violations, including trading goods with unclear origin and, for gold jewelry, items not compliant with the catalog of restricted investment business.
After Ho Chi Minh City integrated to include two areas in Bình Dương and Ba Ria–Vung Tau, Market Management in these two areas intensified checks on the gold market. Notably, Team No. 19 and Team No. 22 led inspections of 12 gold trading establishments.
In the near future, the Market Management Department said it will continue directing teams to strengthen local management, monitor gold and jewelry trading activities, and promptly detect and strictly handle violations to help maintain market stability and protect consumers.
Source: Thái Phương
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