Report

Analyst Pin-board: Vietnam Gold Jewelry Market Overview

According to the World Gold Council, in 2017, Vietnam ranked 14th in gold per capita consumption, globally. Consumers here have two main purposes for buying gold: (1) as a property for saving/investing and (2) for fashion. In terms of quantity, gold bar and coin account for 70% of total gold consumption in Vietnam (Figure 1). However, this number has begun to decline sharply after the 2010-2013 period when the government issued regulations to control the gold market and stop the goldenization in the banking system.

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Viet Dragon Securities
Viet Dragon Securities

Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.

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