Vietnam’s electronics industry drives economic leadership

Vietnam’s electronics sector has become a key economic driver, with computers and components leading exports and strengthening its role in global supply chains.

Electronics sector fuels export surge

According to the General Department of Customs, Vietnam’s total export turnover reached USD 282.61 billion from January to August 15, 2025, marking a 15% increase year-on-year. 

The electronics sector, particularly computers, electronic products, and components, was the top contributor, achieving a remarkable USD 61.32 billion in export value. This represents a 42.6% surge compared to the same period last year, adding over USD 18.3 billion and accounting for 21.7% of the nation’s total export turnover.

This standout performance underscores the strategic importance of high-tech products in Vietnam’s export portfolio. The sector’s share in total exports has risen significantly, climbing from 17.5% as of August 15, 2024, to 21.7% in 2025, a 4.2 percentage point increase. This growth highlights Vietnam’s growing stature as a global hub for high-value electronics manufacturing, attracting substantial foreign investment and generating high-quality jobs.

Vietnam’s electronics industry continues to solidify its pivotal role in the nation’s industrial structure.

Vietnam’s electronics industry continues to solidify its pivotal role in the nation’s industrial structure.

Vietnam’s role in global supply chains

The electronics industry, contributing approximately 17.8% to Vietnam’s industrial output, is a key driver of economic growth. The sector has diversified its product range to meet both domestic and international market demands. 

The presence of global giants such as Samsung, LG, and Foxconn has significantly bolstered its development, positioning Vietnam as Southeast Asia’s leading hub for electronics production and consumer markets in 2025. Emerging trends, including smart technology, IoT, and automation, are set to further propel the industry’s growth.

Vietnam’s electronics exports span diverse markets, with the United States leading at USD 22.24 billion (as of July 2025, per Customs data), reflecting a 67.8% year-on-year increase. 

Other key markets include China (USD 9.53 billion, up 37%), Hong Kong (USD 5.73 billion, up 25.2%), and the EU (USD 5.47 billion, up 7.8%). The strong presence in these major global markets underscores the competitiveness and quality of Vietnamese electronics, affirming the country’s deep integration into global value chains.

The electronics sector’s robust export performance carries profound implications for Vietnam’s economy. It highlights the attractiveness of Vietnam’s investment environment, particularly for foreign direct investment (FDI) enterprises, which dominate electronics production and exports. 

The sector’s growth also reinforces Vietnam’s critical role as a vital link in the global electronics supply chain, a significant advantage amid ongoing geopolitical and economic challenges worldwide.

By maintaining and accelerating high-tech export growth, Vietnam is not only strengthening its economic resilience but also cementing its position as a global leader in electronics manufacturing. The sector’s success serves as a testament to Vietnam’s ability to capitalize on its competitive advantages, driving sustainable economic development and deeper global integration.

Accounting for nearly 22% of Vietnam’s total export turnover, computers, electronic products, and components have delivered an impressive breakthrough in the nation’s export performance over the past seven months.

Ngoc Ngan - Nguyen Hang
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