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Spectre opens $30 million LEED Gold factory in Hung Yen, its fourth in Vietnam

Spectre opened its fourth Vietnamese factory, the $30 million LEED Gold Spectre Hung Yen 2 plant at Song Tra Industrial Park, on 30 October. It is expected to create 3,000 jobs; a provincial projection puts stable employment at about 2,000.

BusinessAnalysisDr. Amara PatelPublished: 7 November 20263 min readSources 12
Spectre opens $30 million LEED Gold factory in Hung Yen, its fourth in Vietnam

Fourth plant in Vietnam

Spectre Hung Yen 2 is the company's second plant in Hung Yen and its fourth in Vietnam. It sits at Song Tra Industrial Park in Thai Binh Ward. Le Quang Hoa, vice chairman of the provincial People's Committee, said the project covers five hectares and was completed on schedule in 20 months, Nhan Dan reported.

Spectre calls the plant its largest and most advanced in Vietnam. Klausen told VIR the company's entire manufacturing operations are now located in Vietnam. Spectre has operated in Vietnam since 2010 and runs factories in Ninh Binh, An Giang and Hung Yen. Total investment in the country is above $60 million.

Spectre employs more than 5,500 people across the four plants, according to VIR and Tuoi Tre News. A VNA report carried by Quan Doi Nhan Dan put the figure at nearly 6,000.

Investment and jobs

Spectre puts total investment at $30 million, including machinery and technology. Hoa said the project itself costs VND 477 billion ($18.49 million), Quan Doi Nhan Dan reported. He said that at stable operation the plant is expected to generate more than VND 800 billion in annual revenue, employ about 2,000 workers and contribute more than VND 100 billion to the state budget. It targets 3.5 million high-tech garment items a year.

VIR, Tuoi Tre News and VOV reported that the plant is expected to create 3,000 local jobs. Hoa said stable operation would employ about 2,000 workers, Quan Doi Nhan Dan reported.

Green certification and emissions

The plant holds LEED Gold certification under the rating system developed by the US Green Building Council. Spectre expects it to avoid about 1,600 tonnes of CO2 a year compared with conventional factories of similar size.

The factory incorporates solar energy and rainwater harvesting, with collected rainwater reused for toilet flushing. Spectre targets a 42% cut in emissions from its own operations and 25% across its value chain by 2030.

Automation and workforce

Klausen said the project includes new investments in automation and AI solutions that will represent the new standard for Spectre's factories. Nhan Dan reported that the plant is designed as a model for AI and automation, from intelligent fabric inspection and automated warehousing to cutting, sewing and export logistics.

Klausen said the introduction of AI and automation was not intended to reduce the workforce. It was meant to equip employees with safer tools, improve product quality and create new jobs requiring creative thinking and advanced technical skills, he said. Spectre has also rolled out a new enterprise resource planning system across the group.

Hoa said the opening came shortly after Vietnam and Denmark upgraded to a Comprehensive Strategic Partnership during To Lam's state visit. Danish Ambassador Lina Gandløse Hansen said the project shows how Danish investment can support economic opportunities and Vietnam's green transition.

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Sources

12
  1. 01Danish garment maker Spectre opens fourth factory in Hung YenEN
  2. 02Danish garment company Spectre opens $30 million green factory in VietnamEN
  3. 03Danish garment firm Spectre opens $30mn green factory in northern VietnamEN
  4. 04Danish garment maker opens new factory in northern VietnamEN
  5. 05Danish high-tech garment group opens new energy-efficient factory in Hung YenEN
  6. 06AI and green technologies applied to garment manufacturingEN
  7. 07Denmark's Spectre opens fourth Viet Nam plantEN
  8. 08 Two dead, five injured in Taiwan PCB factory explosion EN
  9. 09Spectrum overhauls operating model in bid to reignite growthEN
  10. 10Xiaomi’s humanoid robots work a full 8-hour shift in its EV factoryEN
  11. 11How the Ban on the Awami League is Being Turned on Bangladesh’s Garment WorkersEN
  12. 12Harmonic revenues break beyond Comcast and SpectrumEN

All figures and quotations in this text come from the sources listed below.

Content prepared by the editorial team with AI assistance.

Dr. Amara Patel

Dr. Amara Patel

Economy, business and world

Dr. Amara Patel covers business, world affairs and the economy for FLASH24, working from filings, central bank statements and trade data rather than press releases, and she does not let company spin stand in for numbers. She checks revenue recognition, debt covenants and currency effects line by line against audited reports and regulatory disclosures. Her week includes calls with analysts, logistics operators and trade lawyers, and she watches the calendar for rate decisions, earnings dates and port and freight updates, comparing each against prior quarters. Outside the desk she tracks tech-company accounts and rides cargo bikes, which keeps her close to both the balance sheets she reads and the supply chains she covers. She does not publish a figure she cannot trace to a primary document.

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