ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Supply Chain

Export demand a boon for Vietnam provinces, pre-built factories

Supply chains for Samsung, Lazada push trade to second-tier industrial zones

An audio parts factory outside Hanoi. Foreign manufacturers are moving beyond big cities, distributing the fruits of trade more evenly around Vietnam. (Photo by Lien Hoang)

HO CHI MINH CITY -- Leafy jungles are turning into concrete jungles in Vietnam as suppliers to the likes of Samsung and Walmart move into ready-built factories and second-tier provinces after prime real estate was scooped up in an earlier wave of supply-chain relocations.

Among 20 top cities and provinces, Vietnam's foreign direct investment from 2016 to 2021 more than doubled in just five places -- all of them second-tier provinces and a sign that such industrial investment is reaching beyond greater Hanoi and Ho Chi Minh City. The five provinces include Ha Nam, home to Apple supplier Seoul Semiconductor, and Bac Giang, a manufacturing hotspot for Samsung.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more