#Vietnam #Computer Export #Technology #Intel #Samsung #Apple #Foxconn #MadeInVietnam #Vietnam's Economy #Supply Chain #TimKiemTop
Do many people still think that Vietnam only "cheap outsourcing" after seeing the figure of 19.1 billion USD in computer exports surpassing many other technology countries?
Vietnam is becoming an extremely important link in the global technology supply chain. According to data from World Population Review and Global Economy, Vietnam ranks 6th in the world in computer exports with about 19.1 billion USD, surpassing many economies that were once considered electronics manufacturing centers.
Global computer export rankings
Country Export value
China ~3,897,400 billion VND
Taiwan ~1,014,000 billion VND
US ~795,600 billion VND
Mexico ~764,400 billion VND
Hong Kong ~676,000 billion VND
Vietnam ~496,600 billion VND
What is shocking is that the gap between Vietnam and major powers is narrowing faster than many people think.
Over the past 10 years, a series of corporations such as Apple, Intel, Samsung, LG, Foxconn, Pegatron, Quanta, Compal have continuously expanded production in Vietnam. Not only assembling phones, Vietnam is now more deeply involved in the supply chain of laptops, motherboards, AI server components, network equipment and computing hardware.
Why is Vietnam accelerating so much?
✔️ Production costs are more competitive than China
✔️ Geographical location near the Asian supply chain
✔️ Benefit from the global factory relocation wave
✔️ Young labor force and high urbanization rate
✔️ A series of trade agreements such as EVFTA, CPTPP
Compare with technology competitors
Country Strengths
China Complete Industrial Ecosystem
Taiwan Top Semiconductor and ODM Chips
USA Technology design and AI
Mexico Close to the US market
Vietnam Fast growth, competitive costs
It is worth noting that Vietnam is competing directly with Mexico as a "new electronics factory" for the US and European markets.
Many experts believe that if Vietnam maintains its current pace, it can approach the global Top 5
