Vietnam’s VN-Index starts new week on downbeat note amid selling pressure
Economy 19:11 27/07/2026Vietnam’s benchmark VN-Index closed the first trading session of the week in a negative territory, with multiple securities stocks hitting their floor prices.
Dragon Capital no longer Vietnamese jeweler PNJ’s major shareholder after share sale
Economy 14:25 23/07/2026Vietnam-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’s jeweler PNJ divests entire stake in Cashion’s parent company
Economy 18:47 21/07/2026Vietnam’s listed jewelry maker Phu Nhuan Jewelry JSC (PNJ) has divested its entire stake in Golden Friend JSC, the parent company of diamond retailing chain Cashion, citing overlapping business activities after Golden Friend expanded into jewelry and diamond trading, according to PNJ’s press release on Monday.
Vietnam police charge 3 jewelry store owners in cross-border diamond smuggling investigation
Ho Chi Minh City 11:08 15/07/2026Vietnamese investigators have charged the owners of three prominent jewelry businesses, including Kim Ly, Ngoc Tam, and Ngoc Chau Au, in Ho Chi Minh City, following an expanded probe into a transnational diamond smuggling network allegedly operated by Indian nationals from Hong Kong.
VinaCapital exits major shareholder status in Vietnamese jeweler PNJ after share sale
Economy 15:13 11/07/2026Funds managed by VinaCapital, a leading investment management firm in Vietnam, have ceased to be major shareholders in Vietnam’s listed jewelry maker Phu Nhuan Jewelry JSC (PNJ) after selling more than three million shares on Wednesday.
Vietnamese jeweler PNJ says 28,000 smuggled diamonds never entered its retail network
Economy 11:20 08/07/2026Cao Thi Ngoc Dung, chairwoman of Vietnam’s listed jewelry maker Phu Nhuan Jewelry JSC (PNJ), told investors on Monday that 28,000 smuggled diamonds under investigation never entered PNJ’s distribution system.
Vietnam’s benchmark VN-Index opens week higher, with PNJ sliding
Economy 15:00 06/07/2026The benchmark VN-Index of the Ho Chi Minh City Stock Exchange started the new trading week on a positive note, supported by gains in heavyweight banking and property stocks, while jeweler PNJ became the largest drag on the exchange.
Vietnamese jeweler PNJ comes under pressure after ex-subsidiary chief charged in transnational diamond smuggling case
Economy 13:27 04/07/2026Vietnamese jewelry retailer Phu Nhuan Jewelry JSC (PNJ) came under pressure on Friday after police charged the former head of its gem certification subsidiary in a transnational diamond smuggling case.
Vietnam’s PNJ establishes $1.9mn financial services subsidiary
Economy 15:51 05/03/2026Phu Nhuan Jewelry JSC (PNJ), one of Vietnam’s leading jewelry brands, has established a financial services subsidiary with a charter capital of about US$1.9 million, marking a significant step in diversifying its business portfolio.
Bill Gates foundation trust increases stake in Vietnamese jeweler PNJ
Economy 10:14 26/02/2026Bill & Melinda Gates Foundation Trust bought additional shares in Vietnamese jeweler Phu Nhuan Jewelry JSC (PNJ), raising its stake in the company, according to a company disclosure.
Vietnam’s 3 major gold trading firms fined over $230,000 for multiple violations
Economy 17:05 31/05/2025Three major gold trading companies in Vietnam—SJC, PNJ, Bao Tin Minh Chau—have been fined a combined VND6.12 billion (US$236,000) for multiple violations related to gold pricing, anti-money laundering, and tax compliance.
Vietnamese gold market - against all odds
Economy 10:00 25/06/2013While investors around the world are fleeing from gold, locals are rushing to buy gold bullion as if there is no tomorrow
