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Vietnam consumes 50 tons of gold annually

Vietnam consumes 50 tons of gold annually

Vietnam consumes nearly 50 tons of gold jewelry each year, with 80% absorbed by HCMC, according to the Saigon Jewelry Association (SJA). The country imported more than 1,000 tons of gold in the 1991-2012 period. Businesses have not been allowed to import raw gold since May 2012, but consumption of …

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