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Vietnam
This Week in AsiaEconomics
Karim Raslan

Asian Angle | Forget ‘Made in China’. Say hello to ‘Made in Vietnam’

Nguyen Ba Hoi produces neither smartphones nor steel for export. Instead, he’s focusing on developing his country into a centre for innovation

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Nguyen Ba Hoi, left, shares a light moment with a colleague at Maker Innovation Space. Photo: Mai Duong

Forget “Made in China”. There’s a new global buzzphrase: “Made in Vietnam”.

Indeed, the once war-torn nation is fast-positioning itself as a key manufacturing hub. One in 10 smartphones in the world – you may be reading this article from one – are produced in Vietnam.

In 2017, Samsung products alone accounted for a quarter of the country’s US$227 billion in exports, in which steel and furniture also strongly feature.

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But the Vietnamese are also adding value in a surprising way, and this is especially apparent in Da Nang.

Nguyen Ba Hoi produces neither smartphones nor steel for export. Instead, he’s focusing on developing his country into a centre for innovation.

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Students from the University of Da Nang test out various techniques and gadgets for their personal and academic projects. Photo: Mai Duong
Students from the University of Da Nang test out various techniques and gadgets for their personal and academic projects. Photo: Mai Duong
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