The estimated number of jobs added will be 75 over the next three years.
Gov. Mike Beebe was joined by the Vietnamese Ambassador to the United States to make the announcement Thursday.
The company is a manufacturer of materials for cabinets and home storage that distributes its goods to stores like IKEA and Pier 1.
Production is expected to get underway sometime in the summer of 2014 with job opportunities becoming available in the spring.
The company is making its home in the former Bosch Building and Morrilton's Mayor, Stewart Nelson, said it will be a welcome change in the community.
"There's nothing more depressing than seeing an empty parking lot," Nelson said. "Our hope is they can fill up those jobs they anticipate and if they are successful I think we'll see more people move in. I'm hoping this is just the start of what's coming in."
Nelson went on to say this will also serve as a reminder to the rest of Arkansas to make themselves available to growth from places outside the U.S.