Macro Finance
Vietnam Jewelry Giant PNJ Forecasts Loss After Diamond Scandal
Bloomberg Markets·September 28, 2026·1 min read
Phu Nhuan Jewelry JSC, Vietnam's largest listed jewelry retailer, forecasts a 6.27 trillion dong ($241 million) loss for 2026 and plans to slash its revenue target after setting aside a huge provision for customer buybacks following a diamond-smuggling scandal. The company's outlook reflects the financial impact of the controversy on its operations.
Read at Bloomberg MarketsDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.