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Vietnam
This Week in AsiaEconomics
Karim Raslan

Asian AngleForget ‘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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