More than ten years since the introduction of Decree No. 24, the State monopoly in producing gold bars, exporting raw gold, and importing raw gold to produce gold bars has exhibited many shortcomings. Changes are needed to Decree No. 24 in gold market management, to suit global economic and financial integration as well as the existing level of development in the domestic financial market. Measures to manage the gold market include eliminating the policy of monopolizing the importation and production of gold bars, which creates price differences between the domestic and international markets; allowing the establishment of a State-owned national gold exchange; and developing principles and standards for operations and supervision in accordance with international practices and Vietnamese practices. It is necessary to stabilize the macro-economy, improve the standing of the VND, upgrade the stock market to emerging status, and develop the financial system to diversify and attract people’s cash flow into effective investment channels.