Textiles

Textiles & footwear — a sector where Korea is a major player, with scale employment and input openings

Korea is a major investor in Vietnamese textiles and footwear — from chemical fiber (Hyosung) to processing for global brands, creating scale jobs in the south.

Updated 2026-07-233min readKVBiz Editorial

Key conclusions

  1. 1Korea is a major investor in Vietnamese textiles/footwear — from Hyosung fiber to brand processing
  2. 2A scale-employment sector centered on the south

Impact on Korean companiesDownstream openings exist, but environmental regulation, wages and supply-chain realignment must be weighed.

Contents
  1. 01A sector where Korea is a major player
  2. 02Hyosung and chemical fiber
  3. 03Brand processing and employment
  4. 04What it means for Korean companies

A sector where Korea is a major player

Alongside electronics, textiles and footwear see very high Korean-firm density in Vietnam. Many plants processing apparel and footwear for global brands are in fact Korean-owned and operated.

Hyosung and chemical fiber

Hyosung anchors the fiber value chain with large investments in chemical fiber and industrial materials, notably in Dong Nai.

Brand processing and employment

Large processing plants concentrate in the south (Dong Nai, Binh Duong), making this one of the largest Korean FDI sectors by employment in Vietnam.

What it means for Korean companies

There are downstream openings in raw materials, dyeing, components and equipment, but environmental regulation, rising wages and supply-chain realignment must be weighed. For provincial sites, see the entry map.

Opportunities

  • Downstream supply of raw materials, dyeing, components and equipment
  • JV and technical partnerships in chemical fiber and materials
  • Co-entry with brand-processing volumes

Risks

  • Environmental regulation (wastewater/dyeing) and rising wages
  • Volume shifts from global-brand supply-chain realignment

Recommended actions

  • Map brand vendors’ input and equipment needs
  • Address environmental and certification requirements in advance
  • Compare southern sites and wage structures

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Sources & methodology

  1. 01KOTRA — KOTRA

This content is reference material reconstructed from public reporting and institutional information for a Korean-business audience; it is not investment or legal advice. Please verify through official channels such as KOTRA before making decisions.

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