Manufacturing sector grows by seizing supply chain opportunities

S&P Global’s report shows that business conditions in the Vietnamese manufacturing sector continued to improve slightly in September thanks to a rebound in new orders. The wave of supply chain shifts to Southeast Asian countries is helping Vietnam become a destination attracting strong interest from many international buyers. This can be clearly seen through the increase in orders and partner search activities in the domestic market.

The shift of projects from China to India and Vietnam is creating a great demand for local suppliers. With many supporting industrial enterprises, the number of customers has recently increased significantly.

Mr. Cao Hung Tuan - SFASIA Vietnam Company said: "This year, I see a lot more optimism when there are many projects transferred from China. Vietnamese enterprises who want to achieve that project must invest more in equipment, access new technology to achieve the right quality products they require."

Mr. Kim Dong Bum - Chairman of HYSG Company, Korea shared: "This is the first time coming to Vietnam and we expect to find a long-term partner because we consider Vietnam the most potential destination".

In the eyes of international buyers and suppliers, Vietnam's advantage comes from the shift in supply chains and the growing responsiveness of its supporting industries.

Mr. Kwang Jae Myoung - Agency for Automotive and Future Mobility Technology Development, Korea commented: "In the near future, heavy industries such as automobiles and mechanics in Vietnam will have the opportunity to develop more strongly. I believe that Vietnamese enterprises will become an important part of the Korean supply chain. The basis of the above comments is based on the reality of economic cooperation between the two countries as well as recent advances in the supporting industry in Vietnam."

Ms. Varaporn Dhamcharee - Managing Director of RX Tradex Thailand & Vietnam commented: "To be able to improve the autonomy of Vietnamese enterprises, we need the right technology and to have the right technology, we need the right partner. That partner will help improve the competitiveness of enterprises".

According to the Department of Industry, Ministry of Industry and Trade , in the first 8 months of 2025, the industrial production index increased by 8.5%, with processing and manufacturing alone increasing by more than 10% over the same period. These figures show the clear growth potential of Vietnam's manufacturing industry. The remaining issue is the ability to upgrade so that businesses can move deeper into the global supply chain.

Source: https://vtv.vn/nganh-san-xuat-tang-truong-nho-nam-bat-co-hoi-chuoi-cung-ung-100251006184232602.htm