Vietnam is largest gold consuming market in SEA
Vietnam is the largest gold consuming market in Southeast Asia and among the top 10 in the world, according to Andrew Naylor, Director of ASEAN World Gold Council.
The latest report on personal gold investment in Vietnam, conducted in 2020 by the World Gold Council, revealed that nearly 70% of 2,000 surveyed investors gold is their top priority item.
More than 80% of respondents, who invested in gold in the last 12 months, may buy more in the coming time. The number was higher than the global average of 45%.
About 76% of the respondents agreed the opening of a gold account at a bank and the formalization of the gold market via banks.
Despite the impact of the COVID-19 pandemic, Vietnamese gold retailers outperformed the market, of them in 2020 PNJ's profit exceeded 29% compared to its planned target./.
You should also see
Noi Bai, Da Nang named in world’s top 100 airports
Hanoi capital’s Noi Bai International Airport and the Da Nang International Airport in the central city of the same name have been listed among the world’s top 100 airports in 2024 by the UK–based aviation consultancy Skytrax.
See more
Videos
Agro-forestry-fisheries products nearly double in Q1
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at over 13.5 billion USD, up nearly 22% over the same period last year, according to the Ministry of Agriculture and Rural Development.
Videos
Hung Kings’ Commemoration Day - Vietnam’s long-held tradition
Many Vietnamese have learned by heart a “six-eight” iambic couplet verse stating that no matter how far Vietnamese people travel, they always remember the Hung Kings’ Commemoration Day. This important holiday falls on the tenth day of the third lunar month in remembrance of Vietnam’s Hung Kings.
Videos
Real estate market thrives, entities ready to re-enter market
The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.
Videos
CNN names Vietnamese dumpling among world’s tastiest
Banh bot loc (Vietnamese tapioca dumpling), a specialty originating from the former imperial capital of Hue, has been selected as one of the world’s 35 tastiest dumplings by CNN.
Videos
Quang Nam launches big tourism stimulation programme
The central province of Quang Nam has launched the tourism stimulation programme 2024 themed “Quang Nam – Green Heritage Region”.
