IYV guitars are made in Vietnam by Inyen Vina. Sold on Amazon - but often mislabeled as IVY! They are OEM producers for well known brands (including Harley Benton guitars for Thomann) - so great value for money.  Inyen Vina Co., Ltd is located at HoChiMinh City, Vietnam where they have a large factory (250 employees) making electric guitars and bass guitars. The factory was established in 1994 and is Korean owned and managed. To avoid direct competition with the Chinese factories they make small quantities of various models. The use of CNC woodworking machines and electrostatic paint systems help to ensure consistent quality.

Source: Inyen Vina website (5 May 2022)