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?
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.
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