Temporary domino effect of diamond brands in Ho Chi Minh City
Many diamond business stores in Ho Chi Minh City on streets such as An Dong, Tran Hung Dao, Nguyen Thi Minh Khai... are temporarily suspending operations or restricting transactions. Units such as Cao Hung Diamond, Luxury Gold & Diamond and many other brands simultaneously announced temporary suspension to handle internal affairs and stabilize operations.
According to businesses, the biggest reason is not the lack of buyers but the wave of customers bringing diamonds to sell increasing sharply. The volume of exchange transactions far exceeds the ability to balance cash flow, causing many units to fall into liquidity pressure and be forced to temporarily suspend operations for handling.
While many stores temporarily suspended transactions, large brands such as SJC, PNJ... are still operating normally but have adjusted their purchasing policies to cope with the sharp increase in customers. See more...
Landlord collecting electricity bills of 4,000 VND/kWh may be fined from 20 - 30 million VND
Lao Dong Newspaper recorded that many rented houses and mini-apartments in Cau Giay ward (Hanoi) still collect electricity bills of 4,000-4,500 VND/kWh, higher than regulations. Even, some homeowners record electricity bills according to State prices on invoices but collect additional differences under the "other expenses" item so that tenants still have to pay at the rate of 4,500 VND/kWh.
According to Lawyer Tran Tuan Anh (Director of Bright Legal Law Firm), if the hirer does not sign an electricity purchase contract directly with the electricity retailer, the homeowner is not allowed to collect more than the amount stated on the electricity bill. The act of arbitrarily setting electricity prices higher than regulations or collecting more than the bill is a violation and may be fined from 20-30 million VND, and at the same time forced to return the wrongly collected amount to the hirer.
Lawyers believe that this situation is common because tenants are reluctant to complain, and inspection is mainly based on feedback, making it difficult to control. To overcome this, it is necessary to strengthen legal propaganda, publicize bills and electricity bill calculation methods, and at the same time, electricity units, local authorities and management agencies need to coordinate to receive feedback, inspect and strictly handle violations. See more...
Traditional markets are sluggish, many small traders struggle to cling to the online shopping wave.
Trends and opportunities for e-commerce retailers at the end of 2026
Vietnam's e-commerce market continued to grow strongly in the first 6 months of 2026. According to Metric.vn, revenue on 4 exchanges Shopee, Lazada, TikTok Shop and Tiki reached 291.6 trillion VND, up 44.1% compared to the same period last year; the number of products sold and the number of operating booths also increased. In the second quarter of 2026 alone, revenue reached 143 trillion VND, up 41.62%.
It is forecasted that in the third quarter of 2026, revenue on the 4 exchanges will reach about VND 146.3 trillion, an increase of 2.31% compared to the second quarter, with the number of products sold continuing to increase. Groups of goods expected to attract customers include products serving summer tourism, school starts, National Day holidays and interseas weather such as suitcases, backpacks, sunscreen, backpacks, stationery, raincoats, waterproof shoes and household care equipment.
According to Metric.vn, to take advantage of the growth momentum, sellers need to prioritize product development according to actual needs, optimize product quality and information, adjust the portfolio seasonally, and apply data to business operations. See more...
