The demand in the country exceeded 31.1 metric tons compared to 28.7 tons in Thailand and 19.8 tons in Indonesia, according to the World Gold Council.

If jewelry was included, it went up to 43 tons, the second highest behind Indonesia’s 46.8 tons.

Gold continued to be the top asset class for 72 percent of Vietnamese investors.

Vietnam was the fourth largest market in Asia for bullion and coins behind India, Sri Lanka and China, and the eighth largest in the world.

Gold continued to be the top asset class for 72 percent of Vietnamese investors, the WGC said citing a study of 2,000 investors last year.

The outlook for the precious metal is positive with 81 percent of investors who previously invested in gold saying they would consider doing so again.

To put that in perspective, the rates are 72 percent for Chinese and 67 percent for Indians, with the global figure standing at 45 percent.

There is strong support for gold market liberalization in Vietnam, with 76 percent saying they should be allowed to open a gold investment account at banks to formalize the gold market.

Fifty five percent called for setting up a gold exchange or trading platform authorized by the State Bank of Vietnam.

Vietnam’s gold prices are now near the all-time high of VND63.5 million (US$2,787) per tael of 37.5 grams recorded on Jan. 25. A tael equals 37.5 grams or 1.2 ounces.

On Feb. 16 it cost VND62.9 million, VND11.6 million higher than global prices.

Sparkling 4 “golden” faces

(BGO) - 2021 was a tough year for the national sports due to impact of Covid-19 pandemic. However, Bac Giang sports still reaped remarkable achievements attached to names the “golden” athletes thanks to great efforts of the whole sector.

Gold prices hit new peak

Vietnam’s gold price hit a new historic peak of VND62.7 million ($2,769.32) per tael Tuesday, surpassing the previous record in August 2020, even as global rates went flat.

Burning bright: Vietnam's gold-plated new year tiger

Vietnamese are paying hundreds of dollars for gold plated tiger models as gifts as Lunar New Year draws near, bucking a major economic slowdown caused by the pandemic.

Bac Giang delegation wins two golds at National JiuJitsu Championship

(BGO) - The National JiuJitsu Championship 2021 took place in Vinh Phuc province on December 26 - 29 under the joint collaboration of Vietnam JiuJitsu Federation and Department of Culture, Sports and Tourism in Vinh Phuc province.   Completing the event, Bac Giang sport delegation won two gold and one bronze medals.  

Winners of Golden Kite Awards 2020 honoured

The comedy-drama movie “Bo gia” (Dad! I'm Sorry), which was directed by Tran Thanh – Vu Ngoc Dang, has won the Golden Kite Awards 2020 in the Feature category.

Source: VnExpress