Speaking at the official session of the Autumn Economic Forum 2025 on the morning of November 26, Mr. Brand Cheng - Chairman of the Board of Directors of Foxconn Industrial Internet - said that the group continues to expand its investment in Vietnam, because it sees that Vietnam has an investment environment with proactive, supportive and consistent policies over the years.
He affirmed that efforts to reform institutions and promote high-tech industry have contributed to making Vietnam an important link in the global smart production and supply chain.
The first Autumn Economic Forum attracted the participation of 500 large domestic and foreign enterprises and economic groups.
Evidence is that Vietnam's export turnover has increased sharply from 48.6 billion USD in 2007 to 391 billion USD in 2025, of which about 35% comes from high-tech industries, especially electronics.
Notably, FDI inflows into Vietnam have maintained an upward trend, from 20 billion USD in 2007 to about 31.5 billion USD in 2025. During the same period, Vietnam's GDP per capita increased from 926 USD to about 5,000 USD. "This is a very impressive step forward thanks to Vietnam's open-door policy, improved investment environment and very clear industrial development orientation," said Mr. Brand Cheng.
According to Foxconn Chairman, it is necessary to recognize three open factors that help Vietnam accelerate, including: Expanded international trade, investment cooperation with large technology corporations in the world and a clear, long-term cooperation strategy in each stage. And in that, Vietnam's manufacturing and processing industry is always an important pillar of the economy.
He further cited that since 2012, industrial production has always accounted for over 20% of GDP. This stable figure contributes to Vietnam's GDP growth in the first 6 months of 2025 reaching 7.5% - among the highest in the world.
The electronics industry alone recorded remarkable growth. In the first 10 months of 2025, electronics exports increased by 48% over the same period, reaching 87.3 billion USD.
Mr. Brand Cheng, Chairman of the Board of Directors of Foxconn Industrial Internet.
According to Mr. Brand Cheng, the cooperation between Foxconn and leading enterprises such as NVIDIA is creating advanced manufacturing scenarios, helping Vietnam become an attractive destination for the semiconductor and data center industries.
Vietnam is emerging as a global manufacturing hub for AI devices, high-speed network systems, data centers and new technology components. This is especially important in the context of the global supply chain restructuring towards a multipolar direction and based on the technological - logistics - digitalization capabilities of each country.
Foxconn Chairman noted the soaring demand for global AI infrastructure and affirmed that Vietnam has become the group's strategic location in this field.
To develop the AI industry, according to Foxconn's Chairman, Vietnam needs to focus on three key factors: improving human resources, developing sustainable materials and components, and increasing localization of the supply chain.
"AI can only be effective when combined with digitalization across the entire value chain, from design, manufacturing to logistics. This is also the reason why Foxconn continues to increase investment in smart logistics, automation and AI value-added centers in Vietnam," Mr. Brand Cheng added.
Prime Minister Pham Minh Chinh talks with businesses attending the first Autumn Economic Forum.
He added that investing in Vietnam is a long-term commitment of the group. Vietnam is not only a manufacturing destination but is becoming the center of the new generation of manufacturing - smart manufacturing, green manufacturing and AI manufacturing. “For us, the answer is always Vietnam, Vietnam and Vietnam,” Mr. Brand Cheng affirmed.
Source: https://vtcnews.vn/chu-tich-foxconn-viet-nam-dang-noi-len-la-cu-diem-san-xuat-thiet-bi-ai-toan-cau-ar989322.html
![[Photo] Close-up of heavy damage at the school located on the banks of the Ban Thach River](/_next/image?url=https%3A%2F%2Fvphoto.vietnam.vn%2Fthumb%2F1200x675%2Fvietnam%2Fresource%2FIMAGE%2F2025%2F11%2F26%2F1764152130492_ndo_bl_img-8188-8805-jpg.webp&w=3840&q=75)
![[Photo] Opening of the 28th Session of the Hanoi People's Council](https://vphoto.vietnam.vn/thumb/402x226/vietnam/resource/IMAGE/2025/11/26/1764155991133_image.jpeg)
Comment (0)