ANALYSIS OF ASEAN PRODUCTION POWER 2024 – WHERE IS VIETNAM?



1️⃣ OVERALL PICTURE OF ASEAN MANUFACTURING INDUSTRY

The data shows a clear reality: ASEAN is becoming the world's new manufacturing hub

Top leaders:

* Indonesia: ~6,189,340 billion VND
* Thailand: ~2,988,610 billion VND
* Vietnam: ~2,709,070 billion VND

Quick review:

* Indonesia is almost "out" the rest
* Vietnam has surpassed Malaysia → Top 3 regions
* The gap between the Top 3 and the rest is quite clear



2️⃣ VIETNAM – A RISE STAR

Vietnam ranked 3rd with:
~2.7 million billion VND in production output

Strengths:

* Electronic manufacturing center (Samsung, Apple supply chain)
* Competitive labor costs
* Strategic geographical location

Points for improvement:

* Added value is not high (a lot of processing)
* High dependence on FDI
* Supporting industry is still weak

Insights:

Vietnam is on the right track but needs to move from “factory” → “technology center”



3️⃣ INDONESIA – THE KING OF ASEAN PRODUCTION

* ~2.3 times more than Vietnam
* Advantage:
* Large population (strong domestic market)
* Rich resources (nickel, minerals)
* Heavy industry development policy

Special:
Indonesia is leading the electric vehicle battery supply chain ⚡



4️⃣ THAILAND – “THE DETROIT OF ASIA”

* ~2.98 million billion VND
* Strong in:
* Cars
* Heavy industry
* Long-standing supply chain

However:

* Growth is slowing down
* Strong competition from Vietnam



5️⃣ AVERAGE GROUP – MALAYSIA & SINGAPORE

* Malaysia: ~2.21 million billion VND
* Singapore: ~2.07 million billion VND

Characteristics:

* Malaysia: manufacturing + electronics
* Singapore: high-tech manufacturing, pharmaceuticals

Insights:

No need for large scale but high quality → great value



6️⃣ GROWING TEAM

* Philippines: ~1.68 million billion VND
* Myanmar, Cambodia: much lower

Reason:

* Infrastructure is not yet developed
* Politics and economy are not stable
* The supply chain is not complete



7️⃣ THE DEVELOPMENT GAP IS VERY BIG

From Indonesia → Timor-Leste:
The difference is nearly 7000 times

* Indonesia: ~6 million billion
* Timor-Leste: ~932 billion

This shows:

* ASEAN develops unevenly
* The opportunity to shift production is still huge



8️⃣ FUTURE TRENDS

Based on the data, it is possible to predict:

1. Vietnam will rise to the Top 2

* If we continue to attract FDI + upgrade technology

2. Indonesia holds the long-term No. 1 position

* Thanks to resources + population

3. Supply chains move away from China

* ASEAN benefits greatly

4. Racing is no longer “cheap”

* Which is:
* Technology
* Automation
* AI & smart manufacturing



9️⃣ CONCLUSION

ASEAN is becoming the world's new factory, but the game is divided into 3 distinct levels:

* Leading group: Indonesia, Thailand, Vietnam
* Middle group: Malaysia, Singapore
* Rear group: CLMV + Timor

Vietnam is in an extremely strategic position but needs:

* Technology upgrades
* Reduce dependence on FDI
* Developing domestic businesses



#ASEAN #Vietnam #SanXuat #CongNghiep #KinhTe #FDI #Indonesia #ThaiLan #ChuyenDichSanXuat #DauTu


IMG: https://scontent-iad6-1.xx.fbcdn.net/v/t39.30808-6/683904832_1673682654283822_8297535091163894824_n.jpg?stp=dst-jpg_p720x720_tt 6&_nc_cat=100&ccb=1-7&_nc_sid=7b2446&_nc_ohc=msPz5hASYf8Q7kNvwGlmBtn&_nc_oc=AdpYZTA2zAq9c49pd4oUSvXMMAfKBSaeLNRN7eg9vt-2AXnhaNyK ihjS0IJinlL0HEw&_nc_zt=23&_nc_ht=scontent-iad6-1.xx&edm=AKIiGfEEAAAA&_nc_gid=BH61vwtrY8dF8-Ir-fFIeQ&_nc_tpa=Q5bMBQHdhNotcUuhg_x zGeueKHgNa_JvtvMIWBYdgY8FUcV3-G17faYqyu2eYOTXXFRHTEFMK6R5crBJNw&oh=00_Af3ZX7AaeRQAsyzqLdlM5M0gt-NPovmGjf-onLN-TmY7zg&oe=69F80578
KEY: fb/380350845322137_1673682734283814_0.jpg
RESULT: 🚀 UPLOAD BACKGROUND