Vietnam's electronics exports hit a record high

2025-11-27
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  According to preliminary statistics from the Vietnam Customs Department, as of November 15, 2025, the total export value of Vietnam's electronics industry reached nearly US$143 billion. Among this, exports of computers, electronic products, and components reached US$92.13 billion, a year-on-year increase of 48.3%; exports of mobile phones and components reached US$50.83 billion, a year-on-year increase of 5%.

  In absolute terms, electronics industry exports increased by approximately US$32 billion compared to the same period last year, driving national exports to over US$410 billion. Compared to the whole of 2024, electronics product exports in the first ten months of this year were US$16.5 billion higher.

  Vietnam's electronics industry is consolidating its position as a pillar of national economic growth. Last year, exports reached US$126.5 billion, an increase of US$17 billion compared to 2023, accounting for more than 30% of total industrial exports.

  Do Thi Thuy Huong, Executive Committee Member of the Vietnam Electronics Industry Association (VEIA), believes that "Vietnam has transformed from a purely processing economy into a smart manufacturing hub, attracting hundreds of billions of dollars in foreign direct investment from large groups such as Samsung, Intel, and Foxconn."

  Currently, the electronics industry not only creates jobs for over 1.5 million skilled workers but also promotes technology transfer, increasing the localization rate in some sub-sectors to 40% to 50%, and consolidating its supply capabilities with key partners.

  Striving to Meet ESG Production Requirements

  At a recent seminar on "ESG Sustainable Supply Chains: From Theory to Practice," representatives of the VEIA emphasized that organizing production according to ESG (Environmental, Social, and Governance) standards has become an essential requirement for enterprises. Major markets such as the EU and global buyers all use ESG standards to assess the capabilities of suppliers.

  While in the past companies only needed to focus on output, cost, and efficiency, partners now demand green, transparent, and responsible supply chains, carbon emission reporting, risk management, anti-corruption systems, data protection, and social responsibility towards workers and the community.

  As a strategic export industry, the electronics industry is facing the strong impact of these transformation trends.

  Hanel PT Manager Tran Duc Tung, representing the business community, stated that if companies wish to continue participating in the global supply chain, they must transform their production processes according to ESG requirements, ensuring stable production capacity, product quality, and the ability to meet technical standards.

  A PwC Vietnam report indicates that 80% of companies have already implemented or are implementing ESG production models, and 90% of investment decisions rely on intangible assets such as reputation and sustainability commitments.

  Currently, the Vietnam Electronics Enterprises Association is promoting ESG standardization in the electronics industry, strengthening connections between companies and the supply chain, and collaborating with relevant authorities to improve policies promoting sustainable production, helping companies not only meet the requirements of their partners but also enhance the competitive advantage of the entire industry. (End)

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