What's Happening?
Vietnam's electronics industry is undergoing significant transformation as it seeks to integrate deeper into global value chains. The Vietnam Trade Promotion Agency, in collaboration with the Korea Trade-Investment Promotion Agency (KOTRA), has launched
the Vietnam E&E Value Chain Map. This initiative aims to enhance transparency and identify missing links within the electronics and electrical (E&E) supply chain. The map is designed to support trade promotion, investment attraction, and industrial development by clearly identifying products, segments, and capacities within the industry. Despite Vietnam's impressive growth in electronics exports, which reached nearly $150 billion in the first 11 months of 2025, the industry still faces challenges such as fragmented supply chains and a reliance on imported materials.
Why It's Important?
The development of the Vietnam E&E Value Chain Map is crucial for the country's economic growth and competitiveness in the global market. By providing a comprehensive overview of the supply chain, the map helps policymakers and businesses identify areas for investment and improvement. This initiative is expected to attract more foreign direct investment (FDI) and strengthen Vietnam's position as a strategic manufacturing hub. The focus on integrating domestic firms into global supply chains could lead to increased local production capabilities and reduced dependency on imports, ultimately boosting the country's economic resilience.
What's Next?
Moving forward, Vietnam aims to leverage the value chain map to attract more FDI and enhance its manufacturing ecosystem. The government and industry stakeholders are expected to focus on technology transfer and collaboration between multinational corporations and local firms. Efforts to develop a high-quality technical workforce and establish joint research centers will be crucial for sustainable growth. The success of this initiative could serve as a model for other industries in Vietnam, promoting broader economic development and integration into global markets.
