Sarah ChenFinance
Vietnam Gold Prices Hit Seven-Week High as SJC Bars Reach VND150.6 Million
Domestic ring prices climbed 1.31 per cent to VND155 million per tael as physical gold tracked a broad rebound in global spot benchmarks.
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Sarah ChenGeneral
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. It has attributed the decrease to Covid-19 restrictions and lockdowns last year, which brought sales from…
Rajiv MenonFashion
Saigon Jewelry plans its privatisation
Vietnamese jeweller Saigon Jewelry Company (SJC) is set to be privatised next year. The company, which has some 200 retail stores across the country, is one of a group of government-owned enterprises set for spin-off, however specific details have yet to be…