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Lego opens US$1bn factory in Vietnam

Xenia. W by Xenia. W
10 April 2025
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Lego opens US$1bn factory in Vietnam
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Lego has opened a US$1 billion factory in Vietnam that it says will make toys without adding planet-warming gas to the atmosphere by relying entirely on clean energy.

The factory, which opened on Wednesday in an industrial area close to Ho Chi Minh City, is the first in Vietnam that aims to run entirely on clean energy. Lego says it will do that by early 2026.

It’s the Danish company’s sixth worldwide and its second in Asia. It will use high-tech equipment to produce colourful Lego bricks for Southeast Asia’s growing markets.

“We just want to make sure that the planet that the children inherit when they grow up needs to be a planet that is still there,” Lego CEO Niels Christiansen said.

The factory is an important factor in Lego’s quest to stop adding greenhouse gases by 2050. It has a shorter-term target of reducing emissions by 37 percent by 2032.

The privately-held group, which currently makes its bricks out of oil-based plastic, says it has invested more than US$1.2 billion in a search for more sustainable alternatives. But those efforts have not always been successful.

Vietnam also aims to achieve net-zero emissions by 2050, so it needs more of its factories to use clean energy.

The country hopes the plant’s 12,400 solar panels and energy storage system will help set a precedent for more sustainable manufacturing. (AP)

Tags: BusinessFinance
Xenia. W

Xenia. W

Xenia is a Hong Kong–based writer and content creator focusing on financial markets, policy and the city’s evolving economic landscape. With over ten years of experience in higher education and tourism‑related projects, she specialises in transforming complex information into clear, reader‑friendly insights for both professional and general audiences. ​ Drawing on a background in bilingual Chinese–English translation and editing, Xenia writes across topics including Hong Kong and US stocks, market structure, macro trends and how policy shifts affect everyday investors.

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