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Local firms does not lack opportunity. Opportunity lies in integration, not competition.

Friday, 12 Dec, 2025

Vietnam’s export growth is being led overwhelmingly by foreign-invested enterprises.

On a monthly basis, FDI manufacturers consistently account for the majority of export value. In several peak months, FDI exports exceeded USD 30 billion, while domestic enterprises contributed less than half of that figure. More importantly, FDI export growth rates remain higher and more stable over time.

This leadership gap persists even as total exports reach record levels.

In the first nine months of 2025, imports of key industrial inputs surged alongside export growth. The largest increases came from machinery, equipment, electronic products, components, plastics, and industrial metals.

The reason becomes clearer when looking at product structure. High-growth export categories such as electronics, machinery, and high-tech manufacturing rely heavily on imported inputs and globally integrated supply chains. These are areas where FDI manufacturers enter Vietnam with existing supplier networks, capital scale, and operational systems already in place. Domestic firms, by contrast, are more concentrated in lower tiers of the value chain or in sectors with slower export growth.

Imports of computers, electronic products, and components increased by more than USD 31 billion year on year

Local firms does not lack opportunity. Opportunity lies in integration, not competition.

As FDI exports expand, demand for local suppliers in packaging, supporting components, maintenance, logistics, and secondary manufacturing increases. The challenge for domestic firms is meeting the standards required to plug into these supply chains.

Capability alignment matters more than size. Quality consistency, delivery reliability, compliance, and scalability are the entry tickets.

Industrial parks play a decisive role here. Parks that actively connect FDI tenants with capable local suppliers help narrow this gap and strengthen the overall ecosystem.

DEEP C Industrial Zones - A featured industrial park on our platform, proved why they are one of the top park leader with initiative such as "Supplier Days"
DEEP C Industrial Zones - A featured industrial park on our platform, proved again why they are one of the top park leaders with initiatives such as Supplier Day. Profile is HERE

FDI dominance in exports is not temporary. It is structural. Domestic firms that position themselves accordingly can benefit directly from this reality.

Local supplier? Tell us your capability.

Manufacturing.com.vn helps domestic manufacturers connect with export-driven FDI ecosystems.

“Manufacturing is the Heart of the Industrial Sector. And we are proud to dedicate ourselves to empowering its Development with Clarity, Expertise, and Practical Solutions.” - Minh Truong, Founder of Manufacturing.com.vn.

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