WGC: Vietnam is world's seventh largest gold consumer
The World Gold Council (WGC) ranked Vietnam as the world's seventh largest gold consumer last year, with 69.1 tonnes worth US$2.817 billion, a year-on-year decrease of 29% in volume and 36% in value.
The World Gold Council (WGC) ranked Vietnam as the world's seventh largest gold consumer last year, with 69.1 tonnes worth US$2.817 billion, a year-on-year decrease of 29% in volume and 36% in value.
Of the total, gold jewellery accounted for 12.7 tonnes worth US$519 million, up 4% in volume but down 8% in value compared to 2013. Meanwhile, the consumption of gold bars and coins reached 56.4 tonnes worth US$2.298 billion, down 33% in volume and 40% in value against 2013.
WGC also reported that global gold consumption reached 3,216.6 tonnes last year, a year-on-year decline of 22%.
India remained the world's top gold consumer in the fourth quarter of 2014 with 223.2 tonnes, up 2% against the same period of 2013. It was followed by China (excluding Hong Kong and Taiwan) with 183.5 tonnes (down 28%), Japan, Indonesia, the Republic of Korea (RoK) and Thailand.
Hundreds of local residents and foreign visitors joined voluntary blood donation drives across HCM City, helping promote community spirit and support...
Authorities in Ninh Binh Province have shut down 16 unauthorised crossings along the North-South railway passing through the province, citing safety...
