When measured by value, the total of gold investment in Việt Nam still rose by 12 per cent to US$997 million, indicating that long-term demand will remain strong.
The State Bank of Vietnam said it will monitor gold markets closely and coordinate with agencies to manage and stabilise the market within its authority.
The country''s total demand for gold bars and coins was 26 tonnes in the first half of this year, the highest level since 2014, according to the report.
Demand for gold in Viet Nam fell by 12 per cent year-on-year in the first quarter to 17.2 tonnes, according to the latest Gold Demand Trends report from the World Gold Council.