As one of the fastest-growing economies in Southeast Asia, Vietnam has seen a significant increase in the electronics industry in recent years. With a population of nearly 100 million people and a GDP growth rate of 6.5% in 2022, the country has become an attractive destination for foreign investors in the electronics sector.
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Description
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TIKI
1,379
+84 1900 6035 security@tiki.vn
Tiki (short for “Tìm kiếm & Tiết kiệm”, which means “Search & Save”) is Vietnam’s fastest and most trusted B2C e-commerce platform. Tiki is Vietnam’s most trusted e-commerce platform. We are the first in the country to offer 2-hour delivery. Tiki has the highest NPS score amongst all e-commerce platforms in Vietnam. Customer trust and satisfaction are at the heart of everything we do. Harmony and learning is the core foundation of our culture. In an already fast-growing Vietnam e-commerce market, Tiki is experiencing exceptional growth. With growth comes interesting and unique problems. Vietnam market with it’s diverse and emerging seller base, densely populated city logistics and growing consumer spending online - not only for products but also for services, presents unique product and technology building opportunities. We are in a heavy technology investment mode with many new things to build. In that context --- Tiki indeed provides career-building, full lifecycle innovation produ…
TEKO VIỆT NAM
296
+84 24 7308 6336 tuyendung@teko.vn
TEKO was established on Jan 13th 2017 as a company providing new generation retail solutions under VNLIFE group a leading technology unicorn in Vietnam. TEKO accompanies and supports Enterprises to effectively develop and expand multi-channel business activities through technology solutions. With the mission: “IMPROVING LIVES THROUGH TECHNOLOGIES” a team of 300 software engineers understand the specifics of the industry and have rich experience in implementing commercial projects in electronics and omni-channel sales for many large companies and corporations. TEKO has researched and produced optimal solutions, applying leading technologies (Cloud, Blockchain, AI, AR,...) to meet the sales and administration needs of enterprises.
HANOI UNIVERSITY OF SCIENCE AND TECHNOLOGY
1,500
+84 24 3869 4242 sep@hust.edu.vn
HUST aims at becoming a regional leading research university with the core being the techniques and technology, contributing significantly to developing a knowledge-based economy, defending national peace and security and leading the higher-education system of Vietnam. - Location: Dai Co Viet Street, Hai Ba Trung District, Hanoi - Year of establishment: 1956 - Number of faculties and schools: 23 - Number of institutes and research centers: 12 - Total area: 26 ha - Number of classrooms and laboratories for training and research: >400 - Number of staff: 1,952 More than 30,000 full-time students Estimated annual enrolment: 5,500- 6,000 students More than 3000 Master’s and 600 Doctoral postgraduates 70% of students being employed right in the final year.
ICTU
45
+84 98 133 66 28 tuyensinh@ictu.edu.vn
Thai Nguyen University of Information and Communication Technology Bringing into play the total strengths found in the spirit of the motto: “ACTIVE, CREATIVE, EFFECTIVE”; strengthening co-operations with research institutes, universities, colleges and businesses in and outside of the country; Associating training with reality, scientific researching, applying and transferring technology in order to satisfy the social needs for the field of information and communication technology, contributing to socio-economic development in the northern midland and mountainous areas of Vietnam.
TECOMEN
71
+84 24 3628 8697 chinhvt@tecomen.com
Tecomen Group, founded in 2006, specialized in manufacturing, trading and distribution of water purification equipment, household appliances, healthcare equipment,.... Over 09 years of development, Tecomen has become the large manufacturer in Vietnam in the field of water purification equipment & home appliances with famous brands: Karofi, Korihome. Not only in Vietnam market, beside that, Tecomen is one of the Vietnams biggest OEM, ODM manufacturer for international market. The distribution network of the Group consists of subsidiaries, branches, distributors nationwide across the country and expanding into the international market. With the mission to bring peace of mind and convenience to every family, Tecomen has created high quality products with nice design, intelligent & unique features... in the market. We are proud to bring users with health, peace of mind, love... and other essential values in everyday life. Tecomens vision is become the leading corporations in the manufactur…
TOSY ROBOTICS JSC
41
wecare@tosy.com
TOSY Robotics JSC, founded in 2002, is the first Vietnamese robotics firm that focuses on R&D and manufacturing of robots, consumer electronics products and high tech toys. OUR VISION: TOSY Robotics aspires to become the worlds leading manufacturer in robotics technology. We envision a world where our original robots live side by side and assist human everywhere. CORE VALUE: Technology - Originality - Satisfaction - Yearning
PGI COMPANY
17
+84 236 3653 868 info@pgi.com.vn
Phuc Giang Company Limited (Abbreviation: PGI Co., Ltd) was established on 12th July, 2007 in the field of Con-sumer electronics, car audio, cinema system and smart home system. PGI is Committed to de-liver to customers a modern & convenient lifestyle with many high end quality products that pro-mote efficiency and integrated de-signs originating from Italy, Turkey, Europe & the United States, and many other countries
EXER TECHNOLOGIES VN
2
+65 6747 9669 sales@exercorp.com
Exer Technologies is established in 1990, as a distributor of electronics and electromechanical components and representative of major manufacturers.
SONY ELECTRONICS VIETNAM LTD
143
+84 1800 588885
A company that inspires and fulfils your curiosity. At Sony, we strive to make this vision a reality, by creating breathtaking products, content and services that delight our customers and move them emotionally. Throughout our history, we have not only created new lifestyles and experiences, but have changed the way people enjoy entertainment around the world. Over the years, we have extended the scope of our business beyond electronics to music, movies, games and network services - enabling us to provide unique experiences and emotion through our rich array of assets, in a way that only Sony can deliver. The pace of innovation across all of the businesses in which we operate continues to intensify. This constantly creates new challenges, as well as unlimited opportunities for Sony employees. Thats why Sony remains committed to seeking unique and talented individuals who share our passion for giving customers the very best in technology, design and entertainment. We offer broad expos…
VIETNAM ASSOCIATION FOR SUPPORTING INDUSTRIES (VASI)
5
+84 90 227 52 27 info@vasi.org.vn
Vietnam Association for Supporting Industries (VASI) is a non-governmental and non-profit organization representing manufacturing enterprises and supporting industries in Vietnam. Currently, VASI has more than 300 members who are mainly manufacturing enter¬prises in molds and fixtures, automation system, metal working, electrical & electronics components, plastic & rubber components, materials, and software solutions. Most of our members’ products are provided for multinational companies in Vietnam as well as exported to Japan, Korea, North Ameri¬ca, and Europe. VASI regularly offers capacity building training and coaching courses to our members. We support our members with business matching activities to global buyers. We also host forums and seminars, conduct market research, survey and provide data on manufacturing industries for interested stakeholders.
MITAS HANOI TECHNOLOGY JSC
3
+84 24 3858 5111 sales@mitas.vn
MITAS is proud to be one of the leading technology companies specializing in providing technological solutions, along with scientific and technical equipment in the field of Industry - Scientific Research and Training in Vietnam. Taking the philosophy of Solution + People as the foundation and the motto of taking business ethics and prestige with customers as the development orientation, our company is always dedicated to each product and solution to bring to customers the most suitable, most effective, best quality, most affordable products and solutions with technical support, and the best after-sales service. We always keep in mind that quality and credibility are the survival key of our business. Through the process of sustainable development with solidarity, dedication, and proven ability, our company is proud to be selected by the worlds leading manufacturers as the official representative and distributor in the Vietnamese market, such as Spirent, NI, OPSWAT, LigNex1, Rohde & S…
CLOUDFERMI
5
+84 90 555 84 23 info@cloudfermi.com
CloudFERMI is an electronic, IoTs-oriented manufacturer focusing on sensor and control. We do circuit design, PCB layout, assemble boards/products, embedded programming, and application programming. Our core competitive advantages are R&D, Production, and Customer Services. We desire to make reliable, stable, easy-to-use, cost-effective electronic products. Warranty service, maintenance of equipment, and support must be the-best-in-class, ready to replace, quick response. Vision - To be an electronic devices manufacturer focusing on IoT-oriented, sensor, and control in high-tech agriculture and agricultural-related industries in Vietnam Mission - To provide reliable and smart electronic IoT devices at affordable prices. To provide exceptional customer services by fast consulting, support, warranty and maintenance of equipment in time
THAI DUONG GIA JSC
5
+84 96 867 19 57 thaiduonggia@thaiduonggia.vn
Công ty cổ phần Thái Dương Gia là công ty thương mại, chuyên nhập khẩu và phân phối các sản phẩm gốm, sứ, pha lê, thuỷ tinh gia dụng như bát, đĩa, cốc, tách, ấm trà, lọ hoa, lọ thủy tinh, đồ nấu bếp cao cấp từ các quốc gia như Pháp, Đức, Hàn Quốc, Nhật Bản, Các tiểu vương quốc Ả Rập thống nhất. Sản phẩm gốm, sứ, pha lê, thuỷ tinh gia dụng là những sản phẩm cao cấp đáp ứng đầy đủ mọi nhu cầu tiêu dùng hằng ngày của người tiêu dùng, đáp ứng tốt cho các nhu cầu phục vụ của khách sạn, nhà hàng .v.v. Đặc biệt các sản phẩm của chúng tôi còn là những món quà tăng đầy ý nghĩa cung cấp cho các hội nghị, các buổi họp mặt của khách hàng .v.v Hiện nay rất nhiều trung tâm thương mại, các công ty kinh doanh đồ nội thất, đồ bếp... đã và đang đặt mua các sản phẩm của chúng tôi đang kinh doanh, kể cả các trung tâm thương mại kinh doanh đồ điện tử đặt mua đồ dùng bằng thuỷ tinh phục vụ làm bếp (nồi nấu bằng sứ thuỷ tinh, đồ nấu bằng thủy tinh trong lò vi sóng…) nhằm làm tăng sự phong phú hàng hoá…
VICTORY INSTRUMENT JSC.
24
+84 368 130 886 info@victory.com.vn
Introduction Established in 1993, Victory Instrument JSC is recognized as one of the leading scientific equipment suppliers in Vietnam. With over 17 years of experience and highly qualified staff, Victory Instrument JSC has reaffirmed its leading position in supplying instruments for the following fields: - Electrical and electronic tests, measurement and calibration instruments; - Educational and training instruments for physics, chemistry, biology; Training instruments for electrical engineering, electronics, telecommunication, mechanics, automation, environmental treatment; - Security, CCTV and access control equipment; - Industrial communication equipment; - Electrical, electronic and mechanical components; - Basic laboratory equipment and analytical equipment; - Equipment for environmental research, monitoring and treatment and control of environmental treatment; - Equipment for wind and solar energy; - Research and quality control equipment for agriculture, fishery, etc.…
PETROSETCO DISTRIBUTION
52
+84 28 3911 5579 admin@psd.com.vn
Petroleum General Distribution Services Joint Stock Company (PSD) was established in 2007 as a member of Petro Vietnam General Services Joint Stock Corporation (Petrosetco), under the Petro Vietnam umbrella. After more than nice years of formation and development. PSD has established its position as one of the leading consumer and commercial electronics product distributors in Vietnam, distributing many well-known brands. PSD was listed in the biggest companies in Vietnam, evaluated by VNR500
DMSPRO JSC
81
+84 868 628 686 info@dmspro.vn
DMSpro is the pioneer to provide cloud-based Distribution Management System (DMS) solutions in Vietnam. Our solutions are developed based on the world-class ERP standards, with additional features and customizations for specific industries: fast moving consumer goods (FMCG), pharmaceuticals, construction materials, electronics, household goods, agriculture etc. Possessing a team of experts with 14+ years of experience in implementing DMS in Vietnam and Southeast Asia, DMSpro has proudly been trusted by many large enterprises and multinational companies like Samsung, P&G, Tan Hiep Phat, TH True Milk, and Pahtama (Myanmar). We help clients transform their distribution and sales performance, enhancing operational efficiency, competitive advantages, and improving the bottom line. We are one out of 10 OEM Partners in APAC-Japan of SAP, as well as the Gold Certified Partner of Acumatica - both are market-leading corporations in terms of ERP worldwide. DMSpros vision is to become the Top 3…
BAY AREA COMPLIANCE LABORATORIES CORP. VIET NAM
11
+84 28 3547 5282 bacl.vn@baclcorp.com
In 1996, BACL was founded in Sunnyvale, CA. Since that time, BACL has always worked closely with our customers to assist them in the development of their electronic products by providing high quality testing and certification services. Today, with 19 strategically located testing facilities worldwide (and growing!), and with more than 2000 staff members, BACL is a global service leader in the testing and certification of electrical equipment; information technology equipment; consumer electronics; medical devices; industrial, scientific and medical test equipment; industrial machinery; unlicensed wireless devices and licensed radios (including but not limited to Bluetooth and WiFi devices, microwave relay systems, satellite earth stations, radars, cellular telephones and cellular base stations); energy efficient lighting products; toys; textiles; and, clothing and shoes. With our state-of-the-art facilities, ISO/IEC 17025 and ISO/IEC 17065 Accreditations as both a Testing Laboratory …
CE
158
+84 93 380 21 00 contact@ce.com.vn
Innovation driven and advanced technologies infused, CE is dedicated to delivering package innovative solutions to help your businesses reach their full potentials. Founded in 1999, Creative Engineering has been a reliable distributor of globally recognised firms such as Henkel, Tesa, Graco, Dowsil, Xiameter, Mirka, Nukote and many others. Aligned with our reputable suppliers vision and mission, we help distribute materials, machines and designs that will improve efficiencies, speed processing, help reduce waste and in many cases, save cost. Our customers include a wide range of companies in these industries: Electronic Assembly & Home Appliances Automotive & Transportations Printing, Packaging & Graphics General Industries Automation & Measurement With offices in Ho Chi Minh City and Hanoi and an experienced and energetic sales team, we cover Vietnam from one end to the other. And our affiliated companies in Singapore, Indonesia, Thailand, the Philippines and Myanmar bring our re…
PMAC - PRECIOUS METALS & CHEMICALS
16
+84 93 808 52 78 sales@pmac.asia
PMAC is a professional Distribution and Service company, dedicated for Precious Metals containing Chemicals, Materials and related processing Tools and Equipment. Determined to bring Hi-Tech, expertise and valuable products from our world-leading partners to our impactful manufacturers, we strive to meet emerging demands of Hi-Tech electronics, automotive, semiconductor and other supporting Industries allocated in the Indochina Region. Composed of a team of creative, brilliant and passionate young talents from Asia, we aim to contribute to a wealth of Luxury fashion demands. Our founder and dear colleagues, with over 20 years experience and dedication to these specific fields have won the trust of world-leading brands in the precious metals industry, there by culminating the passions to own the specific Hi-Tech in the field and satisfying the most famous brands and standards of the world.
BIN CORPORATION GROUP®
206
+84 1800 6169 support@bincg.com
BIN Corporation Group® has been a digital transformation corporation founded and led by CEO - Shark Hung Anh since 2009. BIN Corporation Group® is headquartered in Ho Chi Minh City and has offices in Hong Kong, Singapore, Lithuania, Canada, and the United States. We develop a technology application ecosystem that includes information technology services, e-commerce, business management consulting, financial consulting, tourism - visas, home electronics, and digital marketing... In its long-term development strategy and roadmap, we aim for sustainable development, ecosystem improvement, market digitization, and the contribution to a better society and country.
Top Electronics Companies in Vietnam
Key Statistics from 2022
According to the General Statistics Office of Vietnam, the electronics industry is one of the top-performing sectors in the country, with a growth rate of 12.8% in 2022. The industry's total revenue was estimated at USD 101 billion, accounting for 33.4% of Vietnam's total exports. Moreover, the sector employed over 2.5 million workers in 2022, making it one of the largest employers in the country.
Factors Contributing to its Growth and Success
The Vietnamese government has been actively promoting the development of the electronics industry through various initiatives. One such initiative is the establishment of industrial zones and high-tech parks that provide investors with tax incentives and other benefits. The government has also invested heavily in infrastructure, including the construction of highways, airports, and seaports, which has facilitated the transportation of goods and reduced logistics costs.
In addition, Vietnam has a young and highly skilled workforce, with a large number of engineering and technical graduates. This has made it easier for electronics companies to find qualified workers and to train them quickly. The country also has a favorable investment climate, with a stable political environment and a low-cost labor market.
Industry Growth and Comparison to Previous Years
The electronics industry in Vietnam has experienced significant growth over the past decade. In 2010, the sector's total revenue was only USD 11 billion, while in 2022, it reached USD 101 billion, a nearly tenfold increase. The industry's growth rate has also been impressive, with an average annual growth rate of 17.1% between 2010 and 2022.
Key Trends
One of the key trends in the electronics industry in Vietnam is the adoption of new technologies, such as the Internet of Things (IoT), artificial intelligence (AI), and 5G networks. These technologies have enabled companies to increase efficiency, reduce costs, and improve product quality. In addition, the industry is witnessing a shift towards more sustainable practices, with companies investing in renewable energy sources and reducing their carbon footprint.
Another trend is the increasing importance of e-commerce, which has become an essential part of the electronics industry in Vietnam. The rise of e-commerce platforms such as Shopee, Lazada, and Tiki has transformed the way electronics products are sold in the country, making it easier for consumers to access a wide range of products and compare prices.
Challenges
Despite its growth and success, the electronics industry in Vietnam faces several challenges. One of the main challenges is the shortage of skilled workers in some areas, which has led to a rise in labor costs. In addition, the country's infrastructure is still developing, and logistics costs remain high compared to other countries in the region.
Another challenge is the increasing competition from other countries, such as Thailand and Indonesia, which are also investing heavily in the electronics industry. Vietnam will need to continue to improve its investment climate, infrastructure, and workforce to remain competitive.
Future Outlook
The future outlook for the electronics industry in Vietnam is positive, with continued growth expected in the coming years. The Vietnamese government has set a target of USD 200 billion in electronics exports by 2025, which would require an average annual growth rate of 14.9% between 2022 and 2025.
To achieve this goal, the government is focusing on developing the country's high-tech manufacturing capabilities, investing in research and development, and promoting innovation in the industry. The government has also signed several free trade agreements, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA), which are expected to boost the country's exports and attract more foreign investment.
In addition, the industry is likely to benefit from the increasing demand for electronic products, driven by the rise of digitalization, automation, and the IoT. The growing middle class in Vietnam and the region is also expected to drive demand for consumer electronics products.
The industry is also likely to face new challenges and opportunities in the future, including the adoption of new technologies, the need for sustainable practices, and the rise of digitalization and e-commerce. Companies that can adapt to these changes and leverage new technologies are likely to succeed in the future.
Conclusion
The electronics industry in Vietnam has become an important sector of the country's economy, with significant growth and potential for the future. The industry has benefited from favorable government initiatives, a skilled workforce, and a favorable investment climate. However, the industry also faces several challenges, including the shortage of skilled workers, infrastructure constraints, and increasing competition.
The industry is expected to continue to grow in the future, driven by new technologies, increasing demand, and government initiatives. To remain competitive, companies will need to invest in research and development, promote innovation, and adopt sustainable practices. With the right strategies and investments, the electronics industry in Vietnam can continue to thrive and contribute to the country's economic development.