Ho Chi Minh City has outlined a strategic roadmap to transform its export profile, targeting annual growth of 10% to 11% through 2030.
The city’s development plan prioritizes high-tech goods and semiconductors, aiming for these sectors to account for approximately 70% of total export value within the decade.
The policy shift underscores Vietnam’s broader ambition to move up the global value chain in electronics manufacturing.
By explicitly naming chips and high-tech components as priority areas, local authorities are signaling intent to attract advanced fabrication and assembly operations, rather than relying solely on lower-margin assembly work.
This development aligns with wider regional trends in Southeast Asia, where nations are competing to secure semiconductor supply chain investments.
Malaysia, for instance, has recently intensified its focus on higher-value segments of the industry, emphasizing talent development for integrated circuit design.