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Pandora builds $150M jewelry plant in southern Binh Duong

Pandora builds $150M jewelry plant in southern Binh Duong

Construction has began at the $150 million Danish-invested Pandora Production Vietnam jewelry plant at the Vietnam-Singapore Industrial Park III (VSIP III) in the southern province of Binh Duong.
Economic difficulties push gold demand down

Economic difficulties push gold demand down

Demand for gold in Vietnam shrank 9% in the second quarter year on year due to economic difficulties, according to the World Gold Council.
August 19, 2023 | 08:43 pm PT
Saigon Jewelry reports $426M revenues in 2022

Saigon Jewelry reports $426M revenues in 2022

Saigon Jewelry Company's revenues soared by 60% last year to VND27.15 trillion ($1.2 billion) as gold bullion prices rose to record levels.
May 8, 2023 | 11:12 pm PT
PNJ targets record profits

PNJ targets record profits

Jewelry giant Phu Nhuan Jewelry JSC has a profit target of VND1.9 trillion ($81 million) for this year, 7% higher than last year despite a bleak market forecast.
April 28, 2023 | 07:59 pm PT
French jeweler Tiffany opens store in HCMC

French jeweler Tiffany opens store in HCMC

Luxury jewelry brand Tiffany & Co. has opened a store in Ho Chi Minh City, two years after opening its first in Vietnam in Hanoi.
April 25, 2023 | 07:16 pm PT
PNJ sees profits jump 70 pct

PNJ sees profits jump 70 pct

Jewelry giant PNJ’ profits surged 70.5 percent year-on-year in April to VND145 billion ($6.26 million).
May 23, 2022 | 05:11 pm PT
Pandora plans $100-mln jewelry plant in Vietnam

Pandora plans $100-mln jewelry plant in Vietnam

Pandora, the world’s largest jewelry company by sales, will set up a US$100-million production facility in Vietnam.
May 14, 2022 | 05:15 pm PT
Gold giant SJC sees sales slump to seven-year low

Gold giant SJC sees sales slump to seven-year low

The State-owned Saigon Jewelry Company has reported revenues of VND17.7 trillion ($770.3) in 2021, down 25 percent year-on-year to its lowest since 2014.
April 25, 2022 | 12:15 am PT
PNJ management sees 'light at the end of the tunnel' after Covid

PNJ management sees 'light at the end of the tunnel' after Covid

The CEO of jewelry firm PNJ, Le Tri Thong, has said his company is now recovering after going through its toughest ever period in the last two years.
April 20, 2022 | 08:16 pm PT
Jewelry firm PNJ reports nearly $45 mln profit for 3rd straight year

Jewelry firm PNJ reports nearly $45 mln profit for 3rd straight year

Phu Nhuan Jewelry’s after-tax profits declined by nearly 4 percent to VND1.03 trillion (US$44.7 million) in 2021, but remained above the trillion-dong mark for a third year.
January 28, 2022 | 04:46 pm PT
FLC launches jewelry brand

FLC launches jewelry brand

Conglomerate FLC on Wednesday entered the jewelry industry with the new brand FJC, establishing its first store in Hanoi.
January 26, 2022 | 04:56 pm PT
HCMC police arrest Malaysian woman for stealing $1,700 diamond ring

HCMC police arrest Malaysian woman for stealing $1,700 diamond ring

A Malaysian woman was arrested in HCMC Thursday for allegedly stealing a diamond ring worth over VND40 million ($1,760) from a jewelry shop.
January 13, 2022 | 10:40 pm PT
Jewelry firm PNJ remains on high-growth path

Jewelry firm PNJ remains on high-growth path

Phu Nhuan Jewelry JSC reported post-tax profits of VND598 billion ($26 million) for the first four months of the year, a 95 percent year-on-year rise.
May 20, 2021 | 09:39 pm PT
71-year-old jeweler hammers out a living in Hanoi’s Old Quarter

71-year-old jeweler hammers out a living in Hanoi’s Old Quarter

True to his roots, Nguyen Chi Thanh still manually hammers pieces of metal into intricate pieces of jewelry at the heart of contemporary, bustling Hanoi.
June 9, 2020 | 11:38 pm PT
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