Vietnam’s Manufacturing Renaissance Navigating Growth and Challenges Amid Global Shifts
Overview: Vietnam's manufacturing sector rebounded strongly in 2024, driven by a favorable global economic environment and increased foreign direct investment (FDI). Despite this success, Vietnam faces challenges such as low added value from domestic industries and an underdeveloped supply chain.
- Executive Summary
- Strong Export Recovery Amid External Optimism; Manufacturing Leads Economic Rebound
- Electronics Boom Fuels Export Dominance
- New Changes or Challenges in Development
- Manufacturing is Booming
Number of Pages: 5 Published Date: August 2024
Category
Industry
Semiconductors
Service
Manufacturing Ecosystem
Report Type
Report
Time Period
Other
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Author
Ivan Lam
Ivan is a Senior Research Analyst at Counterpoint Research, based in Hong Kong. Ivan has more than 15 years of experience with a major focus on mobile and network devices. He had spent years in southeast Asia markets associated with business development, brand management, and channel management. Besides the expertise in Southeast Asia, he’s also well connected with ODM and OEM sectors. Prior to joining Counterpoint Research, Ivan served TCL Communications, KaiOS Technology Inc., Wiko Mobile, mainly leading business development, Go-to-Market, and strategic planning. Ivan holds a Master's degree in Business Administration from Hong Kong University of Science and Technology.