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Vietnam’s 2026 wage lift raises stakes for garment exporters

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Vietnam’s 7.2 per cent minimum wage rise is tightening margins across its labour-intensive garment sector, accelerating pressure to boost productivity and move up the value chain.
While exports remain strong, factories face a squeeze between higher statutory costs and buyer price resistance.
This makes automation, FOB/ODM models and compliance-driven repositioning critical to staying competitive.Vietnam’s 7.2 per cent minimum wage rise is tightening margins across its labour-intensive garment sector, accelerating pressure to boost productivity and move up the value chain.
While exports remain strong, factories face a squeeze between higher statutory costs and buyer price resistance.
This makes automation, FOB/ODM models and compliance-driven repositioning critical to staying competitive.