Denmark’s Spectre opens fourth Vietnam plant

The factory is built around high technology, energy efficiency and environmental responsibility, and carries LEED Gold certification, a top standard for energy-saving, eco-friendly building design. Solar power and modern design are expected to cut about 1,600 tonnes of CO2 emissions a year versus conventional plants of similar size.

At the ribbon-cutting ceremony to inaugurate Spectre 2 Hung Yen garment factory (Photo: VNA)
At the ribbon-cutting ceremony to inaugurate Spectre 2 Hung Yen garment factory (Photo: VNA)

Hung Yen (VNA) - Denmark’s Spectre Group inaugurated its Spectre 2 Hung Yen garment factory at Song Tra Industrial Park in the northern province of Hung Yen on October 30, adding its fourth plant in Vietnam and second in the province.

The factory is built around high technology, energy efficiency and environmental responsibility, and carries LEED Gold certification, a top standard for energy-saving, eco-friendly building design. Solar power and modern design are expected to cut about 1,600 tonnes of CO2 emissions a year versus conventional plants of similar size.

Danish Ambassador to Vietnam Lina Gandløse Hansen praised Spectre’s continued investment as a sign of Denmark-Vietnam cooperation potential. The timing is notable as the opening falls in the 55th year of diplomatic ties, shortly after the relationship was upgraded to a Comprehensive Strategic Partnership during General Secretary of the Communist Party of Vietnam Central Committee and President To Lam’s State visit to Denmark.

Hansen said Hung Yen’s strategic location and growth potential should draw more investment, including from Danish companies. The Danish Embassy will keep supporting Danish firms in Vietnam and Hung Yen, and will work with Vietnamese partners to improve the business climate and create more win-win cooperation.

vnanet-o.jpg
Illustrative image (Photo: VNA)

Le Quang Hoa, Vice Chairman of the provincial People’s Committee, said Hung Yen now has two Danish-invested projects worth 19.3 million USD. The Spectre 2 project alone covers 5ha, costs 477 billion VND (18.49 million USD), targets 3.5 million hi-tech garment items a year and offers about 9,400 sq.m of factory and office space for lease. At stable operation, it is expected to generate about 800 billion VND in annual revenue, employ roughly 2,000 workers and contribute more than 100 billion VND to the State budget, a project seen as a boost for local industry, jobs and Vietnam-Denmark investment ties.

On Hung Yen’s newly announced 2021-2030 master plan, with a vision to 2050, Hoa said the province aims to create seamless, optimal policies and infrastructure, covering housing, healthcare, education, and the broader business and living environment for investors, experts, and workers. The province pledged to stay engaged, listen and promptly clear business obstacles.

Jesper Klausen, Co-owner and Chief Business Development Officer of Spectre Group, said the company brings nearly 80 years of garment-making experience, including 37 years in functional apparel and outdoor sportswear, and focuses on quality products and continuous innovation. Spectre has expanded steadily since opening its first Vietnamese production site in 2010 and now employs nearly 6,000 people across four factories in Ninh Binh, An Giang and Hung Yen, with total investment of more than 60 million USD./.

VNA

See more

Illustrative photo: VNA

New drivers sought for tourism real estate market

Vietnam’s tourism real estate market needs to shift its focus from speculative investment and expectations of price increases towards operational efficiency, revenue generation and sustainable asset value, experts said at a conference in the central province of Gia Lai on October 30.

Phu Quoc welcomes an estimated 8.57 million-plus visitors in the first nine months of 2026, up 30.5% year on year, including more than 1.92 million international arrivals, an increase of 60.2%. (Photos: Sun Group)

Tourism powers nearly 40% economic growth in Phu Quoc

In the first nine months of 2026, Phu Quoc welcomed an estimated 8.57 million-plus visitors, up 30.5% year-on-year, with international arrivals exceeding 1.92 million, an increase of 60.2%. Tourism revenue reached approximately 45.976 trillion VND, up 47.7% and exceeding the full-year target by 1%.

Swedish Ambassador to Vietnam Johan Ndisi (Photo: VNA)

Vietnam poised to seize opportunities in technology, green investment: Foreign ambassadors

The presence of technology companies, new investments and emerging cooperation frameworks is laying the foundation for deeper bilateral ties. To capitalise on these opportunities, Vietnam needs to better connect available resources, strengthen domestic technological capabilities and prepare to meet the requirements of high-standard markets, according to Nordic countries' ambassadors to Vietnam.

At the Paris conference between Vietnamese and French companies (Photo: VNA)

Vietnam, France expand cooperation in industry, clean energy, hi-tech

In industry, Phu Tho wants hi-tech, supporting industries, electronics components, precision mechanics, automation, new materials and semiconductors, tied to R&D, technology transfer and domestic suppliers. In infrastructure and green growth, it seeks industrial park, logistics, modern management, energy efficiency and wastewater reuse projects, aiming at eco-industrial parks.

The first commercial flight lands on the new runway at the Phu Quoc International Airport (Photo: nhandan.vn)

Phu Quoc airport opens second runway after eight-month sprint

The new second runway of Phu Quoc International Airport, measuring 3,300 metres in length and 45 metres in width, meets the International Civil Aviation Organisation (ICAO) Code E standards, enabling it to accommodate wide-body aircraft such as the Boeing 787, Airbus A350 and Boeing 777, thereby enhancing Phu Quoc’s international air connectivity.

At an orchard in Bac Ninh city (Photo: VNA)

Bac Ninh hunts buyers for 118,000 tonne fruit crop

Bac Ninh Authorities are leaning on growing area codes for traceability and market access. As of October 16, 2026, the city had 91 codes covering 1,764.9 ha, including 80 for export, 11 for domestic sales.

Import and export goods at Lach Huyen Port in Hai Phong city. Photo: VNA

Vietnam’s trade surpasses 1 trillion USD in 10 months

Vietnam recorded a trade surplus of an estimated 6.8 billion USD in October, marking the second consecutive month of surplus and narrowing the cumulative trade deficit for the first 10 months to around 12.7 billion USD.