Monday, April 7, 2008

Vietnam gold imports touch 30 tonnes

HANOI: Vietnam’s total gold imports during the first quarter of this year stands at 30 tonnes according to a statement by Vietnam’s commerce ministry.

Vietnam’s gold consumption is forecast to exceed 80 tonnes in 2008, doubling that of in 2005, said the statement.

Experts predicted that gold prices in the Vietnamese market would remain high in the coming time due to increasing world prices of the precious metal.

Vietnam now houses some 8,000 gold businesses.

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