Story perspectives

Pandora Opens $150M Vietnam Factory Boosting Capacity 50%

By Drooid · Oct 1, 2026, 3:24 PM UTC · How we work

Summary

Story summary

Pandora opened a $150 million jewellery factory in Ho Chi Minh City, Vietnam.
The plant can produce up to 60 million pieces annually, raising Pandora’s global capacity by about 50 percent.
When fully operational, the facility will employ roughly 7,000 workers.
The factory earned LEED Gold certification and runs on renewable electricity with recycled silver and gold.
Vietnam is expected to supply about 15 percent of Pandora’s output, rising to roughly one-third by 2030.

History

Historical Context

Vietnam’s 1986 Doi Moi reforms, launched at the 6th Party Congress under Nguyen Van Linh and championed by Deputy Premier Võ Van Kiet, shifted the economy from central planning to a market-oriented system. Foreign direct investment then surged to about $18.3 billion, spurring factories like Pandora’s $150 million, 7,000-worker plant in Ho Chi Minh City, part of the country’s expanding manufacturing hub.

1 of 2

Story summary

Pandora opened a $150 million jewellery factory in Ho Chi Minh City, Vietnam.
The plant can produce up to 60 million pieces annually, raising Pandora’s global capacity by about 50 percent.
When fully operational, the facility will employ roughly 7,000 workers.
The factory earned LEED Gold certification and runs on renewable electricity with recycled silver and gold.
Vietnam is expected to supply about 15 percent of Pandora’s output, rising to roughly one-third by 2030.

1 / 2