Pandora Opens World's Biggest Jewellery Plant in Vietnam
The 7.5-hectare site is designed to make up to 60 million pieces a year as Pandora expands production beyond Thailand.
- On Thursday, Danish jewelry maker Pandora inaugurated a $150 million manufacturing facility in Ho Chi Minh City, Vietnam, its largest to date and first production site outside Thailand.
- Located in the Vietnam-Singapore Industrial Park III, the 7.5-hectare plant will increase Pandora's overall manufacturing capacity by around 50% and operate on 100 percent renewable electricity.
- Pandora CEO Berta de Pablos-Barbier described the investment as "building the capacity today for the Pandora of tomorrow." Vietnam will initially represent around 15% of global capacity, rising to a third by 2030.
- Recruitment focuses on the region, with 25 experienced craftspeople from Thailand training new hires in gold-plated jewelry production. The site utilizes recycled silver and gold to support sustainability goals.
- Amid potential trade-related uncertainties like higher US tariffs, de Pablos-Barbier noted the firm is "not building for that capacity on Day One," prioritizing long-term operational integration.
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Flags and pho on show as jeweller opens huge Vietnam plant
Danish company Pandora said the $150 million plant outside Ho Chi Minh City would create 7,000 local jobs and become the world's largest crafting facility for fine jewellery. The site will be able to produce up to 60 million pieces each year -- increasing the company's capacity by 50 percent, Pandora said. The Copenhagen-headquartered firm has been manufacturing in Thailand for almost four decades and has three plants there. The Vietnam factory …
Pandora Opens $150 Million Vietnam Factory as Jewelry Market Faces Rising Costs - FINCHANNEL
Pandora opened a $150 million jewelry factory in Vietnam on Thursday, expanding its manufacturing capacity as rising precious-metal costs force jewelers to reconsider their materials, prices and products. The Danish company’s new facility in Ho Chi Minh City can eventually produce as many as 60 million pieces annually and employ up to 7,000 people. Pandora […]
Pandora opens $150m Vietnam factory, world's largest jewellery plant, boosting capacity and supply chain resilience
HO CHI MINH CITY: Danish jewellery maker Pandora opened a $150 million factory in Ho Chi Minh City on Thursday, its largest manufacturing facility and its first production site outside Thailand as it bids to diversify its manufacturing footprint and bolster supply-chain resilience.The Vietnam factory, Pandora's fourth worldwide, will increase the company's overall manufacturing capacity by around 50% and is expected to employ 7,000 workers once…
The Straits Times
Free Malaysia Today NewsDenmark’s Pandora opens world’s largest jewellery factory in Vietnam
The plant will be capable of producing up to 60 million pieces of jewellery annually. Read more at straitstimes.com.
Denmark's Pandora opens world's largest jewellery factory in Vietnam
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