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VIETNAM'S MANUFACTURING STORY HAS CHANGED IN 2026
Vietnam is no longer attracting investment solely because of its competitive costs. Today, global manufacturers are increasingly choosing Vietnam for its expanding industrial ecosystem, resilient supply chains and growing role in high-value sectors such as semiconductors, electronics and advanced manufacturing.
Recent market developments reinforce this momentum:
• FDI disbursement reached USD 13.03 billion in H1 2026, up 11.2% year-on-year—the highest first-half level in five years. Manufacturing and processing continue to attract the largest share of investment.
• LG Innotek has received approval for a new USD 1 billion semiconductor package substrate plant in Hai Phong. Located within the Hai Phong Free Trade Zone, the project further strengthens Northern Vietnam's position in the global semiconductor supply chain.
• GE Vernova is investing USD 200 million in a new manufacturing facility in Hai Phong, adding further momentum to the city's growing high-tech and advanced manufacturing ecosystem.
• These milestones reflect a broader shift in Vietnam's manufacturing landscape—from labor-intensive production to high-value industries including semiconductors, AI, electronics and precision engineering.
As international manufacturers continue expanding in Northern Vietnam, demand for modern, sustainable industrial facilities is expected to grow alongside the next wave of investment.
Core5 Vietnam is supporting this transformation with LEED-certified ready-built factories and warehouses in strategic industrial locations across Northern Vietnam, helping manufacturers establish and scale their operations with speed and confidence.
For companies exploring expansion opportunities in Vietnam, our team would be pleased to share insights on industrial locations, market trends and ready-built factory solutions. Please feel free to connect with Ms. Tiffany Trang Pham via WhatsApp/Line/Wechat at +84 961 673 989.
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Speaking at the event, Bui Hoang Hai, vice-chairman of the State Securities Commission of Vietnam, said total investment demand in the 2026-30 period is estimated at VND38,000 trillion ($1.4 trillion). The state budget can only provide approximately VND8,500 trillion ($323 billion), or 20 percent, leaving the remaining 80 percent to be sourced from private and international capital.
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