Vietnam largest gold market in Southeast Asia: study

04/05/2021 11:28 4

Vietnam largest gold market in Southeast Asia: study


Vietnam is the largest gold market in Southeast Asia and among the top 10 markets in the world, a recent study has found. -

Last year consumer demand in Vietnam was 39.8 tons, higher than Indonesia’s 37.6 tons and Singapore’s 9.4 tons, according to the World Gold Council (WGC).

"Research shows demand for gold in Vietnam is strong and there is support to develop new investment products such as buying gold through digital platforms or opening a gold investment account," Andrew Naylor, director in charge of ASEAN at the World Gold Council, said.

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