diamond market

Update news diamond market

Vietnam lawmakers propose tighter controls on diamond trade

Vietnamese lawmakers have proposed classifying diamond trading as a conditional business sector, arguing that stricter regulation is needed following recent controversies involving the country's jewelry industry.

Jewelry brand behind major Vietnamese beauty pageant crowns suspends operations

Luxury Gold & Diamond, a jewelry brand known for designing crowns for several of Vietnam's leading beauty pageants, has announced that it is suspending operations until further notice, citing challenges facing the jewelry and diamond market.