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92% of Korean Firms in Vietnam Wish to Stay Despite Rising Labor Costs: Survey

Summary by The Korea Times
More than 9 out of 10 Korean companies operating in Vietnam said they plan to maintain their businesses there despite rising labor costs and regula...

7 Articles

(Seoul = Yonhap News) Reporter Jang Bo-in = It appears that most Korean companies operating in Vietnam have expressed an intention to maintain their businesses despite rising labor costs and regulatory burdens...

·Seoul, Korea (the Republic of)
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Despite wages in Vietnam increasing more than 4.5 times in 14 years, the majority of South Korean businesses surveyed still want to maintain operations due to cost advantages compared to other countries.

·Ho Chi Minh City, Viet Nam
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asiae.co.kr broke the news on Sunday, November 8, 2026.
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