Vietnam’s confectionery market—worth nearly USD 1.8 billion and growing at over 6.8% annually—is heating up as global players double down on expansion while local brands scramble to stay in the game.
Friday, 21 Nov, 2025
According to VinaCapital, Vietnam continues to maintain a strong competitive advantage in manufacturing. Factory worker wages average around USD 302 per month, which is significantly lower than in China, Taiwan, and South Korea, yet still higher than several ASEAN countries such as the Philippines, Cambodia, or Bangladesh. This labor cost is still one of the attractive factors reinforcing Vietnam’s position as an attractive destination for supply chain relocation and manufacturing expansion.
Thursday, 27 Nov, 2025
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