Vietnamese supporting industries should position themselves in the mid- and upper-mid segments rather than relying on low-cost outsourcing if they want to compete and integrate deeper into global supply chains.

In addition to the efforts of enterprises, Vietnam’s supporting industry for electronics production needs many helpful policies from the State to promote its development.

Local authorities in the southeastern region are making plans to promote the development of support industries for industrial production, which play a crucial role in the economic restructuring towards industrialisation and modernisation.

Analysts have noted strong investment from China in manufacturing and support industries, warning that this will pose challenges for Vietnamese enterprises in the field.

Never before has foreign direct investment poured strongly into Vietnam like it is now, bringing along considerable chances for domestic companies to join in global supply chains.