At the same time, the wage move is arriving in a very specific moment for the country and the sector. Vietnam is trying to sustain export-led growth while navigating a more volatile trade environment and rising compliance expectations from global brands.
Vietnam’s exports surged in ****, with exports to the US hitting new highs, underlining how central manufacturing remains to the broader economy. For apparel producers, the wage hike is not a standalone event. It compounds existing pressures on margins, productivity, and the need to move up the value chain.
