VIETNAM ELECTRONIC COMPONENTS – LOCALIZATION LIMITATION

Recently, Vietnam has received a lot of good news when many large companies decided to choose Vietnam as the location of factories such as Apple, LG, … It sounds like the electronic components industry in Vietnam is having a great opportunity for growth. However, is this true when in fact:

  • The localization rate in the product is still very low
  • Product processing is still heavily dependent on foreign components

This indicates that foreign enterprises or foreign-invested enterprises are fully mastering the game. So are Vietnamese businesses really growing? Or is it really just the impact of foreign companies?

Electronic ComponentsElectronic Components

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Above is the information compiled from ‘VIETNAM ELECTRONIC COMPONENTS REPORT Q2/2021’ made by VIRAC. The full report will provide customers with in-depth analysis information on macroeconomics, industry position, information on production, consumption, distribution as well as some forecasts. accompanied by a financial index on the electronic components market in 2021.

For the full contents of the report, please leave your information here.

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