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Meet the APEC economies: Vietnam

Vietnam is claiming its place in the electronics market, manufacturing everything from smartphones to the parts that make them. 

The numbers speak for themselves: exports of electronics, computers and components hit a hefty $107.7 billion in 2025, a massive jump of 48.4% from the year before, according to official data. 

A view of Hoa Phat Group's production complex in the Dung Quat Economic Zone, Quang Ngai Province, Vietnam, May 16, 2025. /VCG
A view of Hoa Phat Group's production complex in the Dung Quat Economic Zone, Quang Ngai Province, Vietnam, May 16, 2025. /VCG

A view of Hoa Phat Group's production complex in the Dung Quat Economic Zone, Quang Ngai Province, Vietnam, May 16, 2025. /VCG

A semiconductor chip die-attach process on display at Hana Micron Vina in Bac Giang Province, Vietnam, October 12, 2023. /VCG
A semiconductor chip die-attach process on display at Hana Micron Vina in Bac Giang Province, Vietnam, October 12, 2023. /VCG

A semiconductor chip die-attach process on display at Hana Micron Vina in Bac Giang Province, Vietnam, October 12, 2023. /VCG

A coastal view of Ho Chi Minh City, Vietnam, at dawn. /VCG
A coastal view of Ho Chi Minh City, Vietnam, at dawn. /VCG

A coastal view of Ho Chi Minh City, Vietnam, at dawn. /VCG

Technicians monitor operations at the Hoa Phat Group production complex in Quang Ngai Province, Vietnam, May 16, 2025. /VCG
Technicians monitor operations at the Hoa Phat Group production complex in Quang Ngai Province, Vietnam, May 16, 2025. /VCG

Technicians monitor operations at the Hoa Phat Group production complex in Quang Ngai Province, Vietnam, May 16, 2025. /VCG

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