Millennium Group launches Vietnam manufacturing facility

Millennium Group International Holdings Limited (NASDAQ: MGIH) announced the commencement of operations at its manufacturing facility in Vietnam. The company completed a trial run in January 2025 before the official launch.

The facility is located in Hung Yen Province, Vietnam, and manufactures color boxes and packaging for sports products, electronics, toys and consumer goods. The company said the facility uses offset printing standards and includes a water and power monitoring system.

"With years of experience providing supply chain solutions in Vietnam, establishing a production facility locally allows us to better serve domestic and international customers," said Matthew Lai, Chairman of Millennium Group.

Chief Executive Officer Ray Lai stated the investment "strengthens our production capacity, fosters new collaborations, and provides greater flexibility and efficiency to support our growth and better serve our customers worldwide."

The Hong Kong-based company, founded in 1978, provides paper-based packaging solutions and went public in April 2023. Millennium Group operates in China, Hong Kong, and Vietnam, selling products across Asia-Pacific, the United States, and European markets.

The information is based on a press release statement from the company.

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