Billion Rise opens $100 million high‑tech factory in Vietnam

Billion Rise has opened a new high‑tech factory in Thanh Hoa, Vietnam, backed by a $100 million investment. The facility spans approximately 320,000 square meters and is slated to produce up to 100 million meters of fabric each year.

The factory is being built in three phases, with the first phase of about 110,000 square meters already complete as of now. Additional knitting, dyeing and printing capacity will be added in the second phase, scheduled for finish in the third quarter of next year, as expected. The final phase is set for completion in the third quarter of 2029, bringing overall warp and weft knitting, dyeing, digital, flat‑bed and heat‑transfer printing, stentering and finishing, plus a wastewater treatment system and solar rooftop. The factory also includes an advanced wastewater treatment system and solar rooftop to help minimize its environmental footprint.

“With our new factory, we can now better support brands looking to build more integrated value chains in Vietnam while expanding our business across these important markets,” Steven Moore, global sales director at Billion Rise said.

Billion Rise is a Hong Kong‑based vertically integrated apparel and textile company. The company already operates a manufacturing base in Qing Yuan, China and has spent a decade investing in Vietnam to match the standards of its Chinese facility.

What we know

• The company said the factory is backed by a $100 million investment and is being developed in three phases.

• The facility is approximately 320,000 square meters and is expected to have an annual production capacity of up to 100 million meters.

• Billion Rise said the first phase one is complete and is about 110,000 square meters.

• The last phase will be done in the third quarter of 2029.