Pandora Opens Its Largest Jewelry Factory

Danish jewelry company Pandora has opened a new $150 million factory in Ho Chi Minh City, Vietnam.

The facility is the company’s largest production site and its first factory outside Thailand. As Pandora’s fourth manufacturing location worldwide, the Vietnam plant is expected to increase the company’s total production capacity by around 50%.

In 2025, the company sold 112 million pieces of jewelry. Until now, all of its products had been manufactured at three factories in Thailand.

The new facility will be capable of producing up to 60 million items per year. Initially, it will account for around 15% of Pandora’s global production capacity.

By 2030, once it reaches full capacity, the factory is expected to produce about one-third of the company’s total output and create 7,000 jobs.