Business

Vietnam seeks deeper integration into smart electronics supply chains

Vietnam's electronics industry contributed around 164 billion USD to total export turnover in 2025 and is projected to reach 200 billion USD in 2026, continuing to play a key role in driving economic growth, job creation and economic restructuring.

Participants in the forum in Ho Chi Minh City on May 28 (Photo: VNA)
Participants in the forum in Ho Chi Minh City on May 28 (Photo: VNA)

Ho Chi Minh City (VNA) – Vietnam is facing major opportunities to integrate more deeply into global technology value chains, particularly in electronics, semiconductors, smart manufacturing and high-tech supporting industries, experts and businesses said at a smart electronics supply chain connectivity forum held in Ho Chi Minh City on May 28.

The forum, organised by the Vietnam Electronic Industries Association (VEIA), highlighted how geopolitical shifts, supply chain restructuring, technological competition among major powers, and the rapid development of artificial intelligence (AI), semiconductors and smart manufacturing are reshaping the global electronics industry.

According to Nguyen Thi Nhu Phuong, head of VEIA’s representative office in Ho Chi Minh City, smart supply chains have now become a strategic foundation of the global digital economy, with AI, big data, automation, ESG standards and technological innovation increasingly determining the competitiveness of countries and businesses.

Experts noted that Vietnam has strong potential to become a new connectivity hub for Asia’s smart electronics industry if it can effectively capitalise on investment shifts, strengthen domestic enterprises and enhance linkages between local firms and global technology corporations.

From the perspective of foreign-invested enterprises, Cong Tang Ton Nu Thuy Trang, General Director of ITO Vietnam, said the electronics industry has become a core pillar of the digital economy and the new industrial revolution.

She added that global corporations are restructuring supply chains towards greater diversification and flexibility, while prioritising countries with a stable investment environment, strong connectivity, modern technological development potential.

However, businesses are also facing growing challenges related to ESG requirements, international standards, data security, automation and innovation capacity, making the development of a highly adaptive smart electronics supply chain ecosystem increasingly important.

Vietnam's electronics industry contributed around 164 billion USD to total export turnover in 2025 and is projected to reach 200 billion USD in 2026, continuing to play a key role in driving economic growth, job creation and economic restructuring./.

VNA
#electronic supply chains #Vietnam #electronics #semiconductors #smart manufacturing
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