Tag: "jewelry"
Foreign investor group becomes major shareholder in Vietnam’s jeweler PNJ

Foreign investor group becomes major shareholder in Vietnam’s jeweler PNJ

Economy 19:08 19/08/2026

A group of five foreign investment funds has increased its stake in Vietnamese jeweler PNJ to 5.04 percent, officially becoming a major shareholder just days before the firm closes its shareholder list for an extraordinary general meeting.

Vietnam's jewelers move to clarify issues after government inspection

Vietnam's jewelers move to clarify issues after government inspection

Economy 14:35 10/08/2026

Vietnam’s jewelry makers, namely PNJ, Mi Hong and Bao Tin Manh Hai, have responded after a government inspection found tax declaration discrepancies at six gold businesses, involving nearly VND94 billion (US$3.62 million) in estimated amounts to be recovered.

Another foreign fund group exits substantial shareholder position in Vietnamese jeweler PNJ

Another foreign fund group exits substantial shareholder position in Vietnamese jeweler PNJ

Economy 07:09 01/08/2026

A group of foreign investors represented by T. Rowe Price Associates, Inc. has reported that it is no longer a major shareholder in Vietnam’s listed jewelry maker Phu Nhuan Jewelry JSC (PNJ) as of July 24.

Ho Chi Minh City jewelry outlets shut down amid liquidity crunch, regulatory crackdown

Ho Chi Minh City jewelry outlets shut down amid liquidity crunch, regulatory crackdown

Ho Chi Minh City 16:03 31/07/2026

A growing wave of gold and diamond retailers across Ho Chi Minh City have shuttered their doors, caught in a double squeeze of surging customer sell-backs that have drained cash reserves and fears of an impending regulatory crackdown.

Vietnam’s jeweler PNJ spends over $265mn buying back gold, diamonds

Vietnam’s jeweler PNJ spends over $265mn buying back gold, diamonds

Economy 16:34 29/07/2026

Vietnam’s listed jewelry maker Phu Nhuan Jewelry JSC (PNJ) has spent more than VND7 trillion (US$265 million) buying back PNJ-branded gold and diamond products from customers since the beginning of July, as a surge in resale demand put pressure on the company’s liquidity.

Dragon Capital no longer Vietnamese jeweler PNJ’s major shareholder after share sale

Dragon Capital no longer Vietnamese jeweler PNJ’s major shareholder after share sale

Economy 14:25 23/07/2026

Vietnam-focused asset manager Dragon Capital has ceased to be a major shareholder of Phu Nhuan Jewelry JSC (PNJ) after its affiliated funds sold more than 2.5 million PNJ shares to reduce their combined ownership to below five percent, amid a sharp decline in PNJ’s stock price since early July.

Vietnam charges 15 in counterfeit luxury jewelry, gold smuggling cases

Vietnam charges 15 in counterfeit luxury jewelry, gold smuggling cases

Vietnam News 09:18 12/06/2026

Police in Thanh Hoa Province, north-central Vietnam have pressed charges against 15 suspects for allegedly smuggling and infringing industrial property rights after uncovering a large-scale counterfeit jewelry operation and a separate gold smuggling ring.

From jewelry to private letters, Marilyn Monroe’s hidden world heads to auction

From jewelry to private letters, Marilyn Monroe’s hidden world heads to auction

World 13:17 09/05/2026

LOS ANGELES -- Memorabilia belonging to late model and movie star Marilyn Monroe is heading to the auction block, offering a rare glimpse into the private world of one of Hollywood’s most enduring legends. Items up for sale include pieces from her wardrobe, jewelry, letters, handwritten notes, paintings, and poetry.

Jewelry snatcher arrested after woman dies in Vietnam’s Can Tho

Jewelry snatcher arrested after woman dies in Vietnam’s Can Tho

Vietnam News 11:25 20/02/2026

Police in Can Tho City, southern Vietnam said on Thursday they had arrested a 29-year-old man for allegedly snatching jewelry from a woman, causing her to lose control of her motorbike and die in a collision.

Vietnam’s railway attendants dig through trash to recover gold jewelry for passenger

Vietnam’s railway attendants dig through trash to recover gold jewelry for passenger

Vietnam News 09:05 03/01/2026

Vietnamese railway attendants went to unusual lengths to help passengers after recovering gold jewelry mistakenly thrown away on a train and returning a forgotten handbag containing cash and bank cards, the national railway operator said.

In Dubai's Gold Souk, bullion's record run brings little joy for jewellers

In Dubai's Gold Souk, bullion's record run brings little joy for jewellers

World 17:32 22/04/2025

DUBAI - In the bustling Gold Souk in Dubai, dubbed the 'City of Gold,' 22-karat gold jewellery is a traditional favourite for weddings, religious celebrations, and as a family investment.

In Vietnam, husband stages fake robbery to sell over $6,500 in jewelry without wife's knowledge

In Vietnam, husband stages fake robbery to sell over $6,500 in jewelry without wife's knowledge

Vietnam News 13:11 07/04/2021

The man hid his jewelry away, covering his mouth with duct tape and pretending to pass out on the ground