LEGO builds biggest foreign-invested factory in Binh Duong
Danish toy maker LEGO on November 3 began construction of an over-1.3 billion-USD factory, the biggest foreign-invested plant in the southern province of Binh Duong.
LEGO toys on display at the groundbreaking ceremony (Photo: VNA)
Binh Duong (VNA)🍰 – Danish toy maker LEGO on November 3 began construction of an over-1.3 billion-USD factory, the biggest foreign-invested plant in the southern province of Binh Duong.
The groundbreaking ceremony saw the presence of Permanent Deputy Prime Minister Pham Binh Minh and Danish Prince Crown Frederik.
The factory covers an area of 44 ha in Vietnam-Singapore Industrial Park III, making it the sixth of its kind in the world and second in Asia.
💞 LEGO CEO Niels B. Christiansen said it is the first factory designed as a neutral carbon facility. Apart from solar panels on the roof, the factory will also have a nearby solar power farm to meet annual energy demand and use energy-saving equipment to meet the minimum standards of LEED Gold, a green building certification programme used worldwide.
Once completed in 2024, the factory is expected to generate thousands of jobs for skilled workers, contributing to Binh Duong’s economic development in the coming years.
The model of the LEGO factory in the Vietnam-Singapore Industrial Park III. (Photo: VNA)
Chairman of the provincial People’s Committee Vo Van Minh praised the group for its biggest hi-tech and green project in the province since the COVID-19 pandemic was put under control, as well as its programmes to nurture children’s creativity and offer intensive training to local educators. He expressed wish to cooperate with the group for better young generations in the future./.
The Danish toy production company LEGO Group on December 8 signed a memorandum of understanding with the Vietnam–Singapore Industrial Park Joint Stock Company (VSIP) on the building of a new plant in southern Binh Duong province.
Leaders of Binh Duong province on January 17 met with Vice President of the LEGO Group Preben Elnef, who said the Danish toy manufacturer will accelerate the construction of its 1 billion USD factory here as committed.
Lego Group pins high hope on its project in Vietnam as this will be the first carbon neutral factory of the Danish firm across the world and its second in Asia, a high-ranking official of the Danish toy production company has said.
The Bank for Investment and Development of Vietnam (BIDV) and Vietnam-Singapore Industrial Park (VSIP) Joint Venture Company Limited on August 22 signed a credit contract to sponsor an investment project on the construction of VSIP III worth 4.6 trillion VND (200 million USD) in the southern province of Binh Duong.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
LEGO toys on display at the groundbreaking ceremony (Photo: VNA) 
The model of the LEGO factory in the Vietnam-Singapore Industrial Park III. (Photo: VNA) 
