Iris Ohyama sets up in Vietnam to boost sourcing due to China labor costs

06, Dec. 2018

HO CHI MINH CITY, NNA - Japan’s furniture and household products maker Iris Ohyama Inc. has set up a Vietnamese unit to increase sourcing in Southeast Asia due to rising labor costs and tighter environmental regulations in China.

The company said last week that Iris Ohyama Vietnam in Ho Chi Minh City began operating on Nov. 15 as its suppliers in China shift their production to Southeast Asia, mainly Vietnam.