VIETNAM GOLDEN MARKET

Tran Vu Minh Hang陈武明姮MA0N0249

Popular in Vietnam

‘Vietnam’s gold market has recorded the highest growth rate compared against other

countries in the region’

Mr. Albert ChengChairman of the World

Gold Committee

According to the World Gold Committee, in the first quarter of 2008, Vietnam transacted 43 tons of gold, of which 40 tons were imported. The figure equals 57% of the total gold consumption volume of 75 tons in 2007

According a report by the Asian Commercial Joint Stock Bank (ACB), the gold transaction volume in ACB market

attained a level of 400,000 tales per day. Taking into account transaction volumes in other banks, total

transaction volume for the whole domestic market can reach 500,000 tales per day (19 tons)

Vietnam’s gold market activities are supervised and managed by the State Bank of Vietnam

GOLD PRICE(APRIL 25, 2012)