Vietnam diamond scandal shakes trust in certification system

CrimeOver 30 people accused of smuggling 141 shipments from India, Hong KongOfficials say criminals hid diamonds worth $57 million in their shoes and clothes to traffic them into Vietnam starting in 2024.LIEN HOANGJuly 22, 2026 14:16 JSTHO CHI MINH CITY -- A different kind of diamond ring is making headlines in Vietnam, where the arrests of suspected traffickers precipitated a sell-off in shares in the country's biggest jeweler and sparked panic among some holders of the gems who rushed to several shops to off-load them on fears over their provenance.