According to《Vietnam News》Latest report,two thousand and twenty-fourIn the first five months of the year, Vietnam's electronic goods export industry showed strong growth momentum, with a total amount of up to49 billion US dollars (approximately 65.8 billion Singapore dollars) further solidified its important position in the global electronics manufacturing industry.

Of particular note is that Vietnam has become the world's second-largest exporter of mobile phones, and also ranks fifth in the export of computers and related components, demonstrating its international competitiveness in the electronics industry.

however，As the global consumer market enters a period of weakness, Vietnamese electronics companies are facing a severe test of reduced orders. Du Shi, Vice President of Vietnam E-commerce AssociationCuixiangAt the recent Vietnam Summer Economic Forum, he bluntly pointed out thatSince the end of 2023, the decline in global consumer demand has posed unprecedented challenges to Vietnam's electronics industry. Many companies have had to resort to layoffs, with some even laying off up to 70% of their employees, including long-term technical workers, which undoubtedly exacerbates the uncertainty and instability of the industry.

Du Shicuixiang further analyzed that local electronic enterprises in Vietnam, mainly small and medium-sized enterprises, generally face difficulties such as skilled labor shortage, insufficient funds, and backward technology. Foreign direct investment enterprises in the international marketbe just likeCrossing the River DragonOften able to prioritize orders, while local Vietnamese companies can only undertake themMarginalized orders are not only limited in quantity, but also have more stringent payment terms and requirements. This unequal status limits the growth and development space of Vietnamese enterprises, making their position in the supply chain appear low and fragile.

But in crisis, there is often a turning point，According to statistics from the General Administration of Customs of Vietnam,From early 2024 to May, the total export volume of Vietnamese goods has reached a significant level, with electronic products accounting for an important proportion. According to data, Vietnam's exports of computers, electronic products, and components reached 27.01 billion US dollars in the first five months of 2024, a year-on-year increase of 31.6%; The export value of mobile phones and their components was 22.4 billion US dollars, a year-on-year increase of over 11%. Based on the data from the first five months, the total export value of Vietnamese goods is expected to reach 370 billion US dollars for the whole year, demonstrating the continuous enhancement of its export capacity.

U.S.A——Wu Xiucheng, Deputy Executive Director of the ASEAN Business Council Regionexpress,Vietnamese electronics companies are fully capable of seizing new development opportunities, especially in the production of strategic products such as lightweight short-range drones and security cameras. He pointed out that currently, apart from China, there are not many countries in the world that can produce such products, which provides valuable development opportunities for Vietnamese enterprises. Vietnam has engineers and enterprises capable of designing and producing such products. He expects that with the continuous growth of the global short-range drone market（In 2023, the market size has exceeded 63 billion US dollars, and Vietnamese companies are expected to achieve breakthroughs in this field, fill market gaps, and enhance their position and influence in the global electronics industry chain.