Numerous Furniture Companies Moved from Indonesia to Vietnam

Share the info

Since early 2015, there were 6 foreign furniture companies moved their factories from Indonesia to Vietnam.

There is a large furniture company invested by Taiwan in Sidoarjo – East Java has decided to move their factory to Vietnam. This company was started dismantling and will move in early 2016.

Companies from Taiwan have been operating for 3 years in Indonesia then want to switch to manufacturing in Vietnam because of the labor cost and the minimum wage. The minimum wage in Vietnam has increased by 150% in the past 3 years. After considering the costs, they decided to move to Vietnam to operate more efficiently. Moreover, manufacturing in Vietnam is 35% more efficient than in Indonesia.

How ANT Consulting Could Help Your Business?

Please click here to learn more about ANT Consulting or contact our lawyers and consultants in Vietnam for advice via email or call our office at +84 28 730 86 529

Contact us to schedule your complimentary consultation.

We are available at offices in central of Hanoi, Ho Chi Minh City and Da Nang that help cover through out Vietnam.