Jewelry giant Pandora is getting on lab-grown diamonds and hoping a new Vietnam plant helps growth in Asia

A woman shows a charm bracelet during a factory opening for Pandora, the world's largest jewellery brand, in Ho Chi Minh City on October 1, 2026. Danish company Pandora said the $150 million plant outside Ho Chi Minh City would create 7,000 local jobs and become the world's largest crafting facility for fine jewellery. (Photo by Nhac NGUYEN / AFP via Getty Images)Nhac Nguyen | Afp | Getty ImagesDanish jewelry giant Pandora has opened its $150 million manufacturing facility in Vietnam, betting on further growth in Asia as the company diversifies production beyond its longtime base in Thailand.The move underscores Pandora's growing ambitions in Asia, where the company sees significant room for further expansion."We are clearly building the capacity today for the growth of tomorrow that we expect," President and CEO Berta de Pablos-Barbier told CNBC's "Squawk Box Asia" on Friday, adding that Asia remains a "very positive region" for Pandora after growing at 10% in the second quarter.Its facility in Ho Chi Minh City is Pandora's first production site outside Thailand and is expected to increase the company's manufacturing capacity by around 50%. The factory can produce up to 60 million...