Technology Supply Chain Shift Trends
According to a FedEx report cited by VietnamPlus, the Asia-Pacific region has become the hub of the global semiconductor ecosystem, accounting for about 58% of the world's semiconductor industry revenue. Amid the restructuring of the global supply chain, Vietnam is attracting significant attention from foreign investors thanks to its dynamic electronics industry, regional trade linkages, and competitive labor force.
Also according to this source, Vietnam's semiconductor exports recorded a compound annual growth rate of 31.8% during the 2006-2025 period, while import turnover increased by 30%. In 2023 alone, Vietnam exported USD 32.4 billion worth of integrated circuits. By the end of 2025, the Ministry of Science and Technology recorded about 170 foreign direct investment (FDI) projects in the semiconductor field in Vietnam with a total registered capital of nearly USD 11.6 billion, along with the presence of major tech corporations such as Samsung, Intel, and MediaTek.
Policy Innovation Linking Incentives with High-Tech
According to information from VietnamPlus, Vietnamese lawmakers are pushing for amendments to the Investment Law to shift the focus from project quantity to quality, efficiency, technology transfer, and substantive contribution to the economy. National Assembly Chairman Tran Thanh Mang emphasized three principles to maximize facilitation for investors complying with the law, while attaching special incentives to spillover effects, localization rates, and core technology transfer centers.
Minister of Finance Ngo Van Tuan stated in group discussions that the target of total social investment reaching 40% of GDP and trade turnover aiming at the USD 1.2 trillion mark during the year requires Vietnam to improve the quality of FDI. Meanwhile, according to VnEconomy, at the Government's high-level meeting, Deputy Prime Minister Tran Quoc Dung directed the removal of capital and mechanism bottlenecks to promote strategic technology projects in space, electronics, energy, artificial intelligence, and automation.
Implications for Businesses
For foreign tech enterprises entering the Vietnam market, grasping new standards on localization rates, technology transfer, and compliance with legal regulations is a key factor to access specific incentive packages. Businesses need to proactively build local supply networks, optimize digital infrastructure, and closely engage with domestic research and human resource training facilities to meet the stringent requirements of the next technology development phase.
SUNINCON supports foreign businesses through industrial park surveys, factory matching, working with authorities and market research, as well as advisory on completing investment licenses, legal matters, and factory construction.
References
- VietnamPlus
- VnEconomy
