The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Wednesday, 21st July 2004 (5830 views)

Vietnam will see the production of a new line of gold foil for the domestic market by next month, according to reports.<BR/><BR/>The Director of the Jewellery Company of the Vietnam Bank for Agriculture and Rural Development (AJC) said that the international standard gold foil was now set for production.<BR/> <BR/>Director Nguyen Thanh Truc said that his firm would help to start production of the foil next week, with analysts anticipating it stabilising the domestic market.<BR/><BR/>The AJC-branded gold foil will join the existing foil products offered by the Saigon Jewellery Company, with the competition potentially holding back any price rises<BR/> <BR/>The AJC says it is also nearly ready to establish Vietnam's first gold foil bonded warehouse at Noi Bai International Airport.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=3074622"/>

 

« Back to Gold News stories