Electronics, machinery and supporting industries are key industries that contribute greatly to the GDP structure. However, to develop sustainably towards green transformation, businesses need to integrate and be ready to overcome challenges.
Key role in the economy
According to data from the Ministry of Industry and Trade, in 2024, the electronics industry's export turnover will reach 126.5 billion USD, contributing more than 1/3 to the country's total export turnover (405 billion USD).
Specifically, the computer, electronics and components industry reached 72.56 billion USD, up 26.6%; while phones and components reached 53.9 billion USD, up 2.9% compared to 2023. This figure shows that consumer demand is recovering, while the production capacity of domestic suppliers is also improving.
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| The supporting industry has a close relationship, not only playing the role of providing input materials but also creating added value, enhancing the competitiveness of products, promoting the industrialization and modernization of the country. (Source: Industry and Trade Newspaper) |
According to the Vietnam Mechanical Engineering Association (VAMI), the country has about 3,100 mechanical engineering enterprises with 53,000 production facilities, accounting for nearly 30% of the total number of processing and manufacturing enterprises in Vietnam. The domestic mechanical, machinery and equipment industry has gradually mastered and increased the localization rate, creating momentum to promote the development of other industries, thereby directly and indirectly creating jobs for millions of workers.
In the context of the electronics and machinery industry reaping many achievements, the supporting industry has a close relationship, not only playing the role of providing input materials but also creating added value, enhancing the competitiveness of products, promoting the industrialization and modernization of the country.
However, according to Vietnam Briefing, compared to other countries in the Southeast Asian region, the number of enterprises participating in supporting industry production in Vietnam is low, only about 500 enterprises, accounting for 0.2% of the total of about 1 million enterprises. Therefore, Vietnam's supporting industry still has a lot of room to exploit and advantages to make further breakthroughs.
In addition, participation in many free trade agreements, new government policies, and the appearance of forums and exhibitions promoting electronic products, machinery and supporting industries are expected to create the premise for businesses in the industry to become the locomotives leading the economy.
Sustainable direction
Currently, more than 130 countries have committed to net zero emissions by 2050, including Vietnam. Therefore, green transformation is not only an inevitable need but also a committed direction for a sustainable economic development.
To realize the goal of green transformation, domestic enterprises need to find solutions to produce smart, high-value export products, which is even more important for the electronics, machinery, and industrial sectors.
In particular, in the era of the rise of the entire political - economic - social apparatus, it requires businesses operating in the field to focus on investing in technology, regularly updating the most modern and latest trends; improving and selecting human resources; strengthening cooperation to learn from businesses from countries leading the green transformation trend.
Currently, traditional industrial parks are facing problems of high energy consumption, environmental pollution, poor data management, ineffective waste and resource management, leading to waste and pollution... Applying 4.0 technology can solve these problems and create a more sustainable and smarter future for industrial parks.
However, the General Statistics Office said that over 30% of supporting technology enterprises nationwide in general are still using completely manual control equipment, over 50% use semi-automatic equipment.
Notably, only over 10% of enterprises use automation equipment and less than 10% of supporting industry enterprises use robots in production lines. This is a big challenge for Vietnam's Electronics, Machinery, and Supporting Industry in the green transition process.
The bright spot is that recently, the Government has provided many preferential policies for businesses in the industry to receive technology transfer and transform production towards sustainability. In particular, focusing on exploiting and effectively developing renewable energy sources, promoting the use of sustainable energy to replace energy sources that affect the environment, typically the installation of rooftop solar power in factories and industrial parks to help cope with the shortage of electricity for production during the hot season.
Furthermore, the domestic business community has more and more opportunities to access smart factory and industrial park models, experience and learn the application of modern technology in production such as Big Data, AI (artificial intelligence), IoT (Internet of Things), Edge Computing (edge computing)... from pioneering foreign enterprises.
To further expand the vision, a bridge It is very necessary for enterprises producing Electronics, Machinery and Supporting Industry products to introduce and promote their capacity, while strengthening cooperation and promoting long-term investment. Therefore, a specialized event of the industry is worth looking forward to and participating in.
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| Vietnam Expo 2025 is an unmissable opportunity for businesses wishing to reach out to international markets and expand trade relationships. (Source: Vietnam Expo) |
Vietnam Expo 2025 accompanies businesses in green transformation
As a prestigious annual trade promotion event chaired by the Ministry of Industry and Trade, directed by the Trade Promotion Agency and organized by VINEXAD Company, the 34th Vietnam International Trade Fair - Vietnam Expo 2025 has dedicated an exhibition area for Electronics, Machinery and Supporting Industry products.
Here, hundreds of businesses bring advanced and unique products to introduce to visitors and domestic and foreign partners.
The highlight of this year's Vietnam Expo is the Supporting Industry Pavilion, co-organized with the Vietnam Federation of Commerce and Industry (VCCI), the Small Business Support Center, and the Key Industry Pavilion organized by the Hanoi Association of Key Industrial Products Manufacturers (HAMI), which brings together many prestigious domestic manufacturers.
Enterprises participating here not only display products but also introduce production capacity, thereby creating opportunities to strengthen connections between Vietnamese enterprises and foreign investors. The booth area has the appearance of Viet Phap Aluminum, Hoang Vu Stainless Steel, VINACOMIN, VNSTEEL Thang Long Galvanized Steel, Khang Viet Chemicals, Hanopro Adhesive Tape, Thanh Long Mechanics...
Not only that, Vietnamese manufacturers will have the opportunity to compete on the same “playing field” with international enterprises from countries with strengths in industrial production such as VACSCO, SKFM, TOPES (Korea), DSHI (China), NAFTAN, GRODNO AZOT (Belarus)…
At the same time, the Organizing Committee actively coordinates closely with management agencies and industry associations to bring seminars updating green transformation trends and key supply-demand connection programs such as: Seminar "Green transformation in goods production to promote exports to the European Union (EU)" in cooperation with VCCI Federation on April 3.
Workshop connecting “Vietnam export goods – Global growth” with Amazon on April 3; Workshop “Developing supply chain, applying artificial intelligence in cross-border export” organized by LITA Network Company on April 4; Workshop “Green industry and smart export – Sustainable direction in the era of development” organized by HAMI Association, Vinexad on April 4.
In particular, the Supply Link Program: Connecting supply and demand in the supporting industry will be arranged into a 1-1 meeting area (Business matching) with the participation of 10 FDI enterprises. (VIP Buyer) will display products that need domestic suppliers in the supporting industry sector.
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| Vietnamese manufacturers will have the opportunity to compete on the same “playing field” with international businesses from countries that are strong in industrial production. (Source: Vietnam Expo) |
The program, jointly organized by the Vietnam Industry Support Alliance (VISA Connect), VASI Association, HAMI, and INTERLOG, is expected to arrange a detailed working schedule with about 100 Vietnamese suppliers over 2 days, April 2-3.
Vietnam Expo 2025 is an unmissable opportunity for businesses wishing to reach out to international markets and expand trade relationships. Participating in this event is not only a trading opportunity, but also an important step in the Green Transformation - Smart Export strategy, a sustainable direction for each business.
The fair will officially open from April 2-5, 2025 at the Hanoi International Exhibition Center (ICE), 91 Tran Hung Dao, Hoan Kiem, Hanoi, expected to welcome over 20,000 visitors and workers during the 4 days of the exhibition.
Source: https://baoquocte.vn/chuyen-doi-xanh-huong-di-ben-vung-cua-nganh-dien-tu-may-moc-va-cong-nghiep-ho-tro-308397.html
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