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Fortune

Prarthana Prakash

Lego opens a $1 billion factory in Vietnam as demand for its brick toys flourishes

Lego Vietnam Niels B Christiansen Asia China

Lego's new Vietnam factory opened Wednesday. (Credit: COURTESY OF LEGO GROUP)

Lego opened a new factory in southern Vietnam on Wednesday, marking its sixth site worldwide, to appease the burgeoning demand for its brick toys.

The 93-year-old Danish group has seen its sales consistently grow, defying a softer overall toy market and creating the need for more production.

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