Handling acts of spreading false information about the stock market

On April 29, at the regular Government press conference, Lieutenant General To An Xo, Chief of the Office of the Ministry of Public Security, said that the cases related to Viet A company, FLC Group, Tan Hoang Minh Group or the Department of Public Security. The Consul (Ministry of Foreign Affairs) is of great interest to the public.

For the above cases, Lieutenant General To An Xo emphasized that the Ministry of Public Security informed quickly and openly within the allowed framework. However, about the details of the investigation process, according to regulations, the Ministry of Public Security cannot provide information.

Lieutenant General To An Xo answered the press at the press conference

Regarding false information about the market stock Chief of Office of the Ministry of Public Security said that recently the Government, the Ministry of Finance, and the State Securities Commission have also mentioned this issue.

According to Lieutenant General To An Xo, not only in securities but also in many other fields there is a situation of spreading false information. “The Ministry of Public Security has directed forces to concentrate to control, prevent, deter, and even prosecute individuals who spread false and unverified information,” said Lieutenant General To An Xo. The Ministry of Public Security has had relatively complete warning information on the mass media about these false rumors.

More information at the press conference about the recent cases of law violations on the stock market and corporate bonds, Deputy Minister of Finance Nguyen Duc Chi said that the law enforcement agency is considering and handling , investigation to have a final, satisfactory conclusion in the coming time.

Deputy Minister of Finance Nguyen Duc Chi informed about solutions for healthy development of the stock market

Regarding price manipulation in the market, Mr. Nguyen Duc Chi said that there was supervision and warning to handle violations according to his/her competence. The State Securities Commission has actively supervised and strengthened the supervision of businesses that have lost money but their stock prices have increased sharply, and have supervised unusually large transactions. On that basis, the securities market management agency checked, handled and transferred to the competent police agencies, such as the case of FLC, Tan Hoang Minh, Louis group….

Regarding solutions for the market to develop transparently and sustainably, the Deputy Minister of Finance said that the Prime Minister recently chaired a meeting on developing a safe and transparent capital market to ensure economic stability. macro, large balances.

Through the conference, the Prime Minister assigned relevant agencies to manage the market in a healthy way, so as not to affect investors’ confidence. business and economy.

In addition, the Ministry of Finance will continue to improve the legal framework and organize a healthy and efficient market operation. Restructure the market according to 4 pillars, restructure the market organization. With the intermediary organization, the Ministry of Finance will implement solutions to improve professional quality, enhance training and develop individual investors, and provide official information to help perceive investors’ knowledge and skills. investment…

In addition, the Ministry of Finance will direct the units under the Ministry to improve the efficiency of supervision, increase the capacity of supervisory management agencies; Expand and increase the frequency of inspection and supervision, timely detect and limit potential risks…

Minh Chien