PNJ

Retail Asia20/04/2021

At its annual general meeting Saturday, it also announced a revenue target of VND21 trillion, up 20 percent. But Phu Hung Securities Corporation has forecast revenues of VND18.4 trillion and profits of VND1.09 trillion, explaining that the volatility in gold prices and consumers’ increasing preference for imported jewelry would keep numbers down. BSC Securities expected […]

Retail Asia19/01/2021

PNJ has decided to invest in pawnshop chain Golden Friend, with the stipulation it cannot exceed 30 percent of the latter’s charter capital. The Board of Directors of the Phu Nhuan Jewelry Joint Stock Company (PNJ) has entrusted PNJ CEO Le Tri Thong with deciding the value and timing of the investment. The Golden Friend […]

Retail Asia07/08/2018

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 released. Established in 1988, SJC posted revenue of US$981.3 million and after-tax profit […]

Retail Asia19/09/2016

Southeast Asian eCommerce giant Lazada has partnered with 40 Vietnamese retailers to expand their businesses. The partner businesses include electronics retailers Cho Lon, Tran Anh, Home Center, cookware chain Lock&Lock, and jeweller PNJ. Lazada expects the deals will help it cater better to local consumers, developing its business throughout Vietnam market with the message “whatever you […]

Retail Asia13/07/2016

Vietnam-based Phu Nhuan Jewelry (PNJ) has recorded US$178 million in sales and a pre-tax profit of VNĐ304.5 billion (US$13.65 million) in the first six months of this year. These are increases of 4 and 116 per cent respectively for the same period last year, says a PNJ official. During the period, the jewellery manufacturer also […]

Retail Asia19/04/2016

Two Asian retail leaders have been added to Forbes magazine’s annual list of 50 most powerful businesswomen in Asia – in The Philippines and Vietnam. They are Robina Gokongwei-Pe, the president and COO of Robinsons Retail Holdings, the second-largest multi-format retailer in The Philippines, and chairman/general director Cao Thi Ngoc Dung of Vietnam’s largest jewellery […]

Tag: PNJ

Jewelry firm PNJ eyes 15-pct post-tax profits growth

Leading jeweler invests in pawn shop chain

Saigon Jewelry plans its privatisation

Lazada partners with 40 Vietnamese retailers

PNJ sales slightly goes up

Asian retail leaders in Forbes most powerful businesswomen