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PNJ expands exports to Germany

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Monday, 25th October 2004 (6482 views)

A Vietnamese jewellery group is celebrating after securing a new contract that will allow it to expand into the German market.<BR/><BR/>Phu Nhuan Jewellery (PNJ) Company has won the $326,000 deal whereby it will export 14,000 jewellery products to the German market.<BR/><BR/>According to Voice of Vietnam, the jewellery will include rings, necklaces and earrings made of eight to 18 carat gold.<BR/><BR/>Deputy general director at the company, Nguyen Thi Cuc, claims that since July the business has increased its export activities.<BR/><BR/>PNJ now earns around $1 million, around four times more than it was earning in the same period last year.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=3704180"/>

 

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