3. ‘Vietnam’s gold market has recorded the highest growth rate compared against other countries in the region’

4. According to the World Gold Committee, in the first quarter of 2008, Vietnam transacted 43 tons of gold, of which 40 tons were imported. The figure equals 57% of the total gold consumption volume of 75 tons in 2007 According a report by the Asian Commercial Joint Stock Bank (ACB), the gold transaction volume in ACB market attained a level of 400,000 tales per day. Taking into account transaction volumes in other banks, total transaction volume for the whole domestic market can reach 500,000 tales per day (19 tons) Vietnam’s gold market activities are supervised and managed by the State Bank of Vietnam