Prime Minister: Strictly handle the spreading of fake news that affects the market

In the dispatch just sent, the Prime Minister requested 6 ministries and agencies to continue performing the tasks assigned in the two Officials. December 3, 2021 and April 7 . This is to ensure that the bond market operates safely, efficiently and healthily, and protects the legitimate interests of investors.

In particular, the Ministry of Information and Communications was assigned to strictly handle acts of providing inaccurate information, causing negative impacts on the market.

Last week, after the incident Mr Trinh Van Quyet – Chairman of FLC and Mr. Do Anh Dung – Chairman Tan Hoang Minh When arrested, many individuals took advantage of posting false and unverified information that the authorities would prosecute and handle these influential individuals and businesses in the field of finance and securities. Since then, investor sentiment has been affected, red color often overwhelms the stock exchange, stock liquidity each session tends to decrease.

The Ministry of Public Security then affirmed that it will strictly handle those who spread false information affecting the investment and business environment.

Also in this telegramThe Ministry of Finance, the State Bank, and the Ministry of Planning and Investment were assigned to closely monitor developments in the domestic and international financial, currency, securities and bond markets. This is to take timely measures to stabilize the market.

These agencies also need to provide accurate information on operating orientations, macroeconomic situation, safety of the financial – monetary system, implementation of the economic recovery program, and production and economic results. business for investors to feel secure and confident.

The head of the Government also requested measures to prevent violations of information disclosure affecting market sentiment.

The Ministry of Public Security is responsible for coordinating with the Ministry of Finance, the State Bank and relevant agencies to enhance understanding of the stock market and corporate bonds. At the same time, strictly handle violations of the law, especially acts of reporting false and inaccurate information, causing insecurity and market safety.

The stock market recently revealed many inadequacies, in which market manipulation acts caused serious damage to investors. Regarding the corporate bond market, the Ministry of Finance said that more than half of corporate bonds issued by private placements are unsecured, showing signs of rapid and hot growth, potentially causing consequences for the economy. economic. The Ministry also assessed that the quality of collateral assets is also difficult to accurately value, with strong fluctuations according to market movements because they are projects, assets formed in the future or corporate shares.

Duc Minh