‘Vietnam’s gold market has recorded the
highest growth rate compared against other
countries in the region’
Vietnam’s gold market activities are supervised and
managed by the State Bank of Vietnam
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)