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[SITUATION] · [QUIET] · [BUSINESS]

3 clusters · 13 sources · 15 days · First seen · Last updated

Pandora jewelry manufacturing expansion in Vietnam

Overview

Danish jewelry company Pandora has inaugurated a new $150 million manufacturing facility in the Vietnam-Singapore Industrial Park III near Ho Chi Minh City. This 7.5-hectare site marks the company’s first production location outside of Thailand, where it has operated for nearly forty years.

Described as the world’s largest fine jewelry crafting facility, the plant is designed to produce up to 60 million pieces of jewelry annually once at full capacity. This expansion is intended to increase the brand's total manufacturing capacity by approximately 50%. CEO Berta de Pablos-Barbier noted that the facility will initially account for 15% of the company’s global capacity, with a goal to reach one-third of total production by 2030. She stated that the new site provides the flexibility to manufacture all collections and assortments using various materials and techniques.

Once fully operational, the facility is expected to employ 7,000 people. In alignment with sustainability goals, the factory is designed to run entirely on renewable electricity, following the company’s 2024 transition to using 100% recycled gold and silver. Pandora reported selling 112 million pieces in 2025.

Entities

Berta de Pablos-Barbier · Ho Chi Minh City · Pandora · United Nations University · Saleem H. Ali

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. [BUSINESS] 8 sources
    Pandora opens major jewellery factory in Vietnam

    Pandora has opened a $150 million jewellery factory in Ho Chi Minh City, Vietnam, to increase production capacity by 50% using renewable energy and recycled metals.

  2. [BUSINESS] 3 sources
    Pandora opens US$150 million jewelry plant in Vietnam

    Pandora has opened a US$150 million jewelry manufacturing plant in Vietnam, its first production site outside of Thailand, with a capacity of 60 million pieces annually.

  3. [BUSINESS] 2 sources
    Pandora opens $150 million jewelry factory in Vietnam

    Pandora has opened a $150 million jewelry factory in Vietnam, its first outside Thailand, aiming to boost global production capacity by 50% and employ 7,000 people.

Sources

arabic.euronews.com · de.euronews.com · es.euronews.com · euronews.com · fashionbiznes.pl · fashiondaily.gr · hu.euronews.com · insideretail.asia · insideretail.com.au · it.euronews.com · news.yam.md · tr.euronews.com · x-bomberth.com

This summary has been updated 1 time: see revision history