In the world of jewelry, gemstones are always regarded as natural treasures with both material and spiritual value. Where to buy gemstones in Vietnam is a question that many customers ask when traveling. This article will provide you with useful information as well as some tips when buying gemstones. To avoid unpleasant shopping experiences and ensure you own the highest quality stone.
Gemstone classification – what you need to know
Gemstones are classified based on several criteria, with color and characteristic features being the two main standards. Currently, there are more than 3,000 types of minerals in the world, but only around 100 are suitable for gemstone processing. Each type carries its own meaning and symbolism
Classification by feature
- Diamond: The ultimate proof of eternal love — anyone who offers a diamond promises a love that transcends time.
- Emerald: A gemstone with a captivating green hue whose color cannot be replicated — a symbol of fidelity.
- Ruby: The symbol of passionate, burning love — its red color represents the blood of the heart.
- Sapphire: Represents exclusive love and the reliability of deep feelings.
In addition to these four main groups, some countries also officially recognize cat’s eye, pearl, marble and alexandrite as precious gemstones.

Vietnam is famous for its high-quality and valuable gemstones
Color is one of the most important factors in gemstone classification. A classic example is Sapphire and Ruby: both belong to the corundum group, but only the red variety is called Ruby — all other corundum colors are called Sapphire. Similarly, garnet comes in many colors including red, orange, green and yellow, and even variants of the same gemstone type can vary significantly in color.
Criteria for assessing the value of gemstones
The value of a gemstone is determined by several key factors, each playing an important role in pricing and grading.
- Rarity: One of the most important value factors. A gemstone is considered precious if it possesses unique characteristics found in no other stone — such as star effects, color-change under different light sources, or unusual inclusions.
- Durability: Determined by the stone’s ability to withstand external forces — impacts, falls, chemical exposure. The harder and more chemically stable the stone, the higher its value.
- Aesthetics: Color, luster and texture directly determine a stone’s appeal. In general, a more intensely colored stone is valued higher than a near-colorless one.
- Size (cut): The more complex the cut, the more lapidary hours required and the higher the cost. Cut quality also directly affects the stone’s brilliance.
- Weight (carat): 1 carat = 0.2 grams. Value does not increase proportionally with weight — it grows exponentially. A 10-carat stone can cost 20 to 50 times more than a 1-carat stone of the same type.
An overview of gemstones in Vietnam
Vietnam is one of the countries richest in mineral resources, particularly gemstones. Its unique geographical location and rich geological environment have endowed Vietnam with rare gemstone deposits such as Ruby, Sapphire and Spinel. Gemstones have been mined here for a long time, dating back to the days of war.
History
Vietnam has a long history with gemstones stretching back around 2,000 years, with evidence that early Vietnamese people used them for jewelry, construction materials and religious objects. Until the 1980s, virtually no information existed about mining activity due to prolonged warfare.
In 1983, natural corundum ore was discovered for the first time, and from 1987 Vietnam’s corundum mines began active exploitation. From 1989 onward, large quantities of ruby and pink sapphire were mined. Notably, the quality of Vietnamese ruby is considered comparable to the legendary rubies of Myanmar (Burma). Today Vietnam has a very rich gemstone resource base: ruby, sapphire, zircon, tourmaline, chrysoberyl cat’s eye, spinel, peridot, aquamarine, topaz, garnet, quartz, and rare cultured pearls.

Gemstones in Vietnam are diverse and rich in variety
Why are gemstones so popular worldwide?
Gemstones are prized not only for their unique beauty but also for the special meanings they carry across cultures — from wedding anniversaries and milestone celebrations to spiritual and medicinal uses in traditional Eastern medicine. In feng shui, a stone that suits your destiny is believed to bring safety and good fortune in work and life.
Can you buy rubies in Vietnam? The best gemstones to know
Yes — Vietnam is one of the world’s significant ruby and sapphire sources. Vietnamese rubies are not only available but also stand in quality alongside imported stones from other countries. They are widely used in high-end jewelry and highly regarded by international buyers.
Ruby and Sapphire
Ruby and Sapphire are found in Yen Bai Province (Northern Vietnam) and in Nghe An and Quang Nam provinces (Central Vietnam). Sapphire also occurs in Lam Dong, Dak Nong, Dak Lak, Binh Thuan and Dong Nai in the Central Highlands and southern provinces. Hauzenberger et al. (2003) identified four types of primary corundum deposits in Vietnam: metamorphic-type deposits, marble-hosted fancy rubies and sapphires (Yen Bai, Nghe An), basalt-related sapphire (Dak Lak, Lam Dong, Dong Nai, Binh Thuan), and pegmatite rubble deposits along National Highway 70 in Luc Yen.
Vietnamese ruby and sapphire are highly regarded for their balanced combination of color, hardness and rarity. Can you buy ruby in Vietnam? The answer is yes, and they are of equally good quality as gemstones imported from other countries. Vietnamese ruby and sapphire are commonly used in high-end jewelry and are held in high esteem.

Vietnamese ruby and sapphire are highly regarded for their balanced combination of color, hardness and rarity
Spinel
Vietnamese spinel was first discovered at Luc Yen (Yen Bai Province) and Quy Chau (Nghe An), alongside ruby and sapphire. Today Yen Bai is the only active source. The intense red spinel generally originates from calcitic to dolomitic marble; purple, violet, brown and blue spinels come from marble with a more complex mineral assemblage. Spinel is an excellent choice for anyone seeking a rare and richly colored gemstone.
Tourmaline, Peridot and Garnet
- Tourmaline: Luc Yen is home to Vietnam’s largest tourmaline deposit, producing around 200 kg per year. Despite lower volume than ruby and sapphire, tourmaline’s quality and color variety make it one of the region’s most important gems.
- Peridot: Discovered in Vietnam in the early 1990s. Gem-quality peridot comes from Gia Lai, Dak Lak and Lam Dong — with Gia Lai as the primary source. The Ham Rong and Bien Ho deposits produce approximately 100 kg per month.
- Garnet: Almandine and pyrope garnet are found in Luc Yen and in smaller quantities across Northern Vietnam (Phu Tho, Thanh Hoa, Nghe An). At Luc Yen, garnet production can reach 50–60 kg per year, found alongside ruby, sapphire and spinel in alluvial deposits.
Mining methods
Gemstone mining in Vietnam is carried out mainly through open-pit and underground methods. Miners work in makeshift tunnels dug along fields, using hand tools to extract stones. Only some operations have access to more advanced equipment such as compressed air drills or explosives. Larger companies use industrial machinery including excavators, hydraulic drills and separation machines.
Where to buy gemstones in Vietnam
Vietnam is a good place to buy jewelry with a diverse and rich gemstone market, access to source-region stones, and skilled artisans producing unique handcrafted pieces at prices far more competitive than Western markets.
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IRUBY — Vietnam’s Most Trusted Gemstone Brand IRUBY LUXURY has been operating in the gemstone industry for over 10 years, supplying all types of gemstones from ruby to quartz, as well as finished jewelry including pendants, earrings and diamond rings. Uniquely, IRUBY’s founder was born and raised in Luc Yen — the heart of Vietnam’s gemstone country — giving the brand deep, firsthand expertise in sourcing quality stones from the most reputable suppliers. • Over 10 years in the gemstone industry with a team of genuine experts • Full range: ruby, sapphire, spinel, tourmaline, garnet, quartz and more • Finished jewelry: pendants, earrings, rings and custom pieces • Founder born in Luc Yen — direct access to the most reputable stone suppliers • Trusted by both local buyers and international collectors |

IRUBY LUXURY has been operating in the gemstone industry for over 10 years, supplying all types of gemstones
Luc Yen Natural Stone Market
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Luc Yen Natural Stone Market Address: Nguyen Tat Thanh, Yen The Town, Luc Yen, Yen Bai (now part of Lao Cai Province). Hours: Every morning, 7:00 am – 10:00 am. One of the most famous stone markets in Vietnam. Around twenty traders display their goods on small wooden tables, offering everything from precious ruby, sapphire and emerald to semi-precious quartz and amethyst — both rough and cut. Prices range from a few hundred thousand to hundreds of millions of Vietnamese dong. |
Gemstone Fair 456
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Gemstone Fair 456 — Hoang Hoa Tham, Hanoi Address: Behind a small bend at the end of 456 Hoang Hoa Tham Street, Ba Dinh District, Hanoi. Hours: Sundays only, 8:00 am – 2:00 pm. Traders from Luc Yen, Nghe An and Ho Chi Minh City gather here weekly. Full range of precious and semi-precious stones, plus necklaces, bracelets and earrings on offer. |
Tips for buying gemstones in Vietnam
- Check optical phenomena shine a pen light on the stone’s surface – natural gemstones produce more reflections and appear brighter than artificial or treated ones.
- Research the available stone types before you shop, so you know what to look for and what to avoid.
- Know the approximate price range to avoid paying above market value – some traders will quote high prices to uninformed buyers.
- Verify the security and reputation of your purchase location. Choose established, well-known addresses like IRUBY.
- Negotiate bargaining is standard practice at Vietnamese gemstone markets. Start with a low offer and adjust gradually, taking your time.
- Always check the quality and origin of the product. Reputable venues provide documentation and expert advice.
Luxury Hotels Near IRUBY for International Visitors
IRUBY Luxury Gemstone & Jewelry is conveniently located at 3 Trieu Viet Vuong Street, Hai Ba Trung District, Hanoi — a central address that puts guests within easy reach of some of the city’s finest luxury accommodations.

Luxury Hotels Near IRUBY for International Visitors
Gemstones and gemstone jewelry are items you should buy when visiting Vietnam. When purchasing gemstones, you need to pay attention to the quality and origin of the product. Reputable destinations such as IRUBY or the Luc Yen stone market will provide you with quality products and excellent customer service. What is the best gemstone to buy in Vietnam? Depending on your preferences and needs, ruby, sapphire and spinel are all outstanding choice
Finally, is Vietnam a good place to buy jewelry? The answer is yes, with a diverse and rich gemstone market along with reputable shopping destinations. We wish you luck in finding your perfect gemstone.