Customers buy gold at Phu Quy gold shop in Hanoi. (Photo: VNA)
Hanoi (VNS/VNA) - Vietnam is the largest
gold market in Southeast Asia,
according to a recent study of the World Gold Council (WGC).
The
WGC also announced the country among the
top 10 markets in the world, saying
consumer demand for gold in Vietnam reached 39.8 tonnes in 2020, higher than
the demand of 37.6 tonnes in Indonesia and 9.4 tonnes in Singapore.
The
study of 2,000 local investors in March last year also said gold is the top
asset class for 68 percent of Vietnamese investors while the outlook for the
precious metal was positive, adding 81 percent of people who bought gold