Vietnam ready for digital manufacturing – to catch the wave of global supply chain shift

Amid global supply chain disruptions, Vietnam—the third-largest economy in Southeast Asia—has emerged as an attractive destination not only due to its policies and resources but also thanks to its digital manufacturing capabilities. The recent seminar “Vietnam: A New Destination for Global Manufacturing” aimed to promote Chinese enterprises’ investment in Vietnam, highlighting how technology can support businesses in confidently relocating their production chains.

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The seminar “Vietnam: A New Destination for Global Manufacturing”

The event was organized by FPT Corporation with the support of Sunwah Vietnam, Gold Sponsor Yonyou Network Vietnam, and Silver Sponsor ShanghaiMap Vietnam. Mr. Vu Van Chung – Deputy Director of the Foreign Investment Department, Ministry of Planning and Investment and 50 representatives of Chinese enterprises.This served as a platform for experts and businesses to exchange insights and discuss investment and cooperation opportunities, particularly for Chinese enterprises and FDI in general, within the context of Vietnam’s digital manufacturing development strategy.

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Mr. Do Son Giang (FPT Corporation) delivered the opening speech at the seminar

Opening the seminar, Mr. Do Son Giang – Senior Executive Vice President and Deputy General Director of FPT Information System (FPT IS), FPT Corporation – emphasized Vietnam’s role in the global supply chain relocation strategy. He shared:“Vietnam is asserting its position as the third-largest economy in ASEAN and an attractive manufacturing destination—not only due to its strategic location and open policies, but also because of its strong rise in technology capabilities and a high-quality young workforce. With GDP growth in 2024 estimated at 7.09% and total GDP surpassing USD 400 billion, this clearly demonstrates a dynamic and rapidly transforming market. Currently, China is the third-largest investor in Vietnam, with registered capital exceeding USD 31.8 billion, mainly in the industrial and energy sectors. Notably, China leads in the number of investment projects, with over 5,000 projects accounting for 28.3%.”

Vietnam possesses the full potential to become a hub for electronic components and high-tech manufacturing for Chinese enterprises, especially amid the ongoing global supply chain shift.
The two countries can collaborate in emerging fields such as AI, IoT, and blockchain, with Vietnam’s Industry 4.0 technology market projected to reach USD 30 billion by 2030. FPT Corporation, with 36 years of development and a comprehensive technology ecosystem, is committed to serving as a technology bridge—supporting Chinese manufacturing enterprises in entering the Vietnamese market, fully tapping into its potential, and building modern and sustainable production models in Vietnam, Mr. Giang emphasized.

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Mr. Vu Van Chung, Deputy Director of the Foreign Investment Agency, Ministry of Planning and Investment shared that Vietnam is committed to creating the most favorable conditions for FDI enterprises to enter the market.

Representing the Ministry of Investment Management, Mr. Vu Van Chung, Deputy Director of the Foreign Investment Agency, Ministry of Planning and Investment, shared updated information on the picture, positive results in FDI investment in Vietnam, policies, incentives and action solutions of the Vietnamese Government to promote FDI attraction. Mr. Chung emphasized: attracting foreign investment does not stop at preferential policies on tax, finance or infrastructure improvement but is also closely linked to the strategy of developing science, technology and innovation.

“Vietnam aims to become a regional hub for manufacturing and innovation, not only due to its geographical advantages and workforce, but also thanks to a strong technology development strategy. Resolution No. 57-NQ/TW has affirmed that science, technology, innovation, and digital transformation are top driving forces to improve national competitiveness and attract high-quality investment, especially in industrial manufacturing,”

Accordingly, the Vietnamese government is committed to creating the most favorable conditions for FDI enterprises through administrative simplification, financial support policies, and the accelerated development of modern logistics infrastructure and industrial zones. “We are ready to accompany businesses, especially Chinese companies, in expanding production in Vietnam with a focus on high technology, digital transformation, and sustainable development,” Mr. Chung emphasized.

During the seminar, delegates, experts, and business leaders shared valuable insights on fostering investment, cooperation, and manufacturing development in Vietnam. A representative from Shanghai Map – the largest business consulting service provider in Southeast Asia with six years of industry experience and over 1,300 successful Chinese enterprise expansions abroad – offered practical perspectives on localization management and lessons learned from supporting Chinese companies in expanding production in Vietnam.

“Vietnam is becoming an attractive destination for manufacturing enterprises thanks to its rapidly developing industrial park network, strategic location, and increasingly favorable investment environment,” said Mr. Ma Bangfei, Factory Production Strategy Advisor at Shanghai Map.

In his presentation, Mr. Ma also provided detailed information about Vietnam’s industrial park system, including locations, infrastructure, operational costs, and support services. “In addition to competitive costs and abundant labor, industrial parks in Vietnam are increasingly focused on technological readiness, applying digital solutions in management and operations. These are key factors helping businesses optimize production efficiency and enhance competitiveness,” he emphasized.

Mr. Ma Bangfei also discussed investment opportunities in industrial real estate, particularly as FDI enterprises continue to expand their production capacity in Vietnam.

At the event, as the organizer and one of Vietnam’s leading technology corporations with 36 years of development and a diverse digital ecosystem, FPT delivered an in-depth presentation offering valuable insights on how to leverage technology and intelligent digital transformation to accelerate enterprise growth in the digital economy era.

FPT experts introduced a comprehensive technology solution ecosystem tailored for the manufacturing sector, helping businesses improve operational efficiency and optimize their supply chains. Mr. Le Minh Quan, Director of Digital Transformation for Manufacturing at FPT Corporation, presented core technology solutions such as enterprise resource planning (ERP) systems to streamline operations, robotic process automation (RPA) platforms to reduce manual task handling time, AI-powered applications for data analysis, demand forecasting, and production optimization, as well as cloud computing solutions to help businesses easily scale operations. Notably, Mr. Quan also highlighted FPT’s smart factory model, featuring real-time data connectivity, equipment performance monitoring, and production process optimization through IoT technology.

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Product experience zone is part of the ecosystem of technology solutions from FPT

Mr. Wang Jing, Sales Director of Yonyou Network Vietnam, shared practical experience in supporting Chinese enterprises to expand their manufacturing operations in Vietnam. He emphasized that beyond investing in infrastructure, one of the key factors determining success is the ability to localize management and operations. This includes adapting enterprise management systems to align with Vietnam’s legal regulations and business environment, as well as developing strategies to attract and train local talent.He also mentioned common challenges that FDI enterprises often face when setting up factories in Vietnam and provided recommendations on how to leverage technology to optimize operations, minimize risks, and enhance competitive advantages.

“Yonyou will continue to expand in Vietnam in the future, using its experience to support Chinese enterprises to enter the Vietnamese market, develop and localize in the most convenient way, in the most optimal time,” Mr. Vuong Tinh expressed.

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Chinese experts and business representatives directly answered questions from investors and FDI enterprises.

At the end of the seminar, Chinese experts and business representatives held a lively discussion session, directly addressing questions from Chinese investors and enterprises interested in Vietnam’s manufacturing environment. Topics revolved around investment incentive policies, industrial park infrastructure, legal procedures, and technological solutions for optimizing production and operations.

The world is currently experiencing unprecedented geopolitical and economic shifts, prompting global enterprises to seek new, stable, and high-potential manufacturing destinations. In this context, Vietnam has emerged as a rising star, capturing the attention of international investors thanks to its outstanding advantages. Its strategic geographic location, increasingly modernized infrastructure, open and dynamic economic policies have together created an ideal investment environment. Notably, according to the Center for Science and Technology Communication Research and Development, Vietnam now leads the world in high-tech imports, high-tech exports, and creative goods exports. This not only demonstrates the ability to absorb and apply advanced technology, but also affirms Vietnam’s deep integration into the global value chain, as well as the nation’s endless creativity.

The seminar “Vietnam: A New Destination for Global Manufacturing” was a significant event contributing to the development of Vietnam’s manufacturing sector and creating new cooperation opportunities for both domestic and international businesses. It provided enterprises with valuable insights into global manufacturing trends, a better understanding of Vietnam’s investment environment, and a chance to connect with potential partners.

As a pioneer in technology, FPT not only offers digital solutions to enhance competitiveness for manufacturing businesses but also acts as a vital bridge supporting FDI enterprises in successfully expanding operations in Vietnam. Through this event, FPT reaffirms its commitment to accompanying businesses on their digital transformation journey, contributing to Vietnam’s goal of becoming a leading digital manufacturing hub in the region, ready to embrace new waves of investment and support the growth of the global economy. 

 

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