Vietnam’s production of electronic products, computers, and optical products increased by 105.6 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was lower than December 2024, when output stood at 130.7 percent above 2019 levels.
Month-on-month, production fell by 9.8 percent in January compared to December. Despite this, the sector recorded a 3.8 percent year-on-year increase from January 2024, reflecting steady annual growth.
Of note, Vietnam’s production of electronic products, computers, and optical products has seen rapid growth, positioning the country as an increasingly important player in global electronics manufacturing. The country has become a significant hub for assembling and producing a wide range of electronic goods, including consumer electronics, computers, mobile phones, and optical products. This growth is driven by rising domestic demand, a competitive labor market, foreign direct investment (FDI), and its strategic location in Southeast Asia.
The production of electronic products is a key segment of the country’s manufacturing industry. Large foreign companies like Samsung, LG, Intel, and Sony have established production facilities in Vietnam. Samsung, in particular, produces smartphones, tablets, and other electronic devices, making Vietnam one of the world’s largest exporters of mobile phones and consumer electronics.
Vietnam has become a prominent center for computer and related product manufacturing. International brands like HP, Dell, Acer, and Lenovo have set up assembly lines for computers and laptops in the country. This growth has been supported by low labor costs, improved infrastructure, and favorable trade agreements. The local market also drives demand for computers and related accessories, spurred by e-commerce, education, and business sectors.
The optical products sector, though smaller compared to electronics and computers, is also crucial to the country’s high-tech production. This includes items like lenses, cameras, optical fibers, and other components used in telecommunications, healthcare, and electronics. Companies such as Viettel have invested in optical technologies, while manufacturers of camera modules for mobile phones have contributed to the growth of the optical products industry.
The Vietnamese government’s focus on industrial development and policies encouraging FDI and innovation has supported the growth of these sectors. Vietnam also benefits from participation in free trade agreements (FTAs) like the CPTPP and EVFTA, which facilitate access to international markets.
However, challenges remain, including the need for advanced technologies and skilled labor. The country needs to invest in automation, research and development (R&D), and sustainable practices to stay competitive. Environmental concerns, such as e-waste, are becoming more prominent as the sector continues to expand.
See also: Electronics Manufacturing in Vietnam