Vietnam Manufacturing and Garment Weekly Update — 2026-05-11
Vietnam continues its strong economic momentum, with an average of 995 new businesses entering the market daily during the first four months of 2026. FDI has surpassed $18 billion, a 32% increase year-on-year, while industrial land rents in the south have doubled over the past decade to reach $185/sqm per month. The government has also unveiled its 10 strategic technology groups and 30 strategic products to boost future industries and solidify its position in global supply chains.
Vietnam Manufacturing and Garment Weekly Update — 2026-05-11
Manufacturing and Garment Industry Trends
"Priority for Vietnamese Products" Campaign Expands To celebrate Workers' Month in 2026, a campaign encouraging citizens to "prioritize the use of Vietnamese products" is gaining traction at the grassroots level. Led by the Kieu Phu Ward Labor Union in coordination with the Vietnam Fatherland Front and other social organizations, the initiative aims to strengthen the domestic manufacturing base.
Vietnam Selects 10 Strategic Tech Groups to Accelerate Future Industry Shift The Vietnamese government has officially announced its 10 strategic technology groups and 30 strategic products to enhance national competitiveness. Formalized through Prime Ministerial Decision No. 21/2026/QD-, this framework is designed to accelerate structural transformation toward a digital economy and advanced manufacturing, marking a strategic shift from traditional textiles and garments toward high-value-added sectors.
995 New Businesses Daily: 119,000 Startups in First 4 Months According to the General Statistics Office (GSO), 119,400 businesses entered or resumed market activity between January and April 2026. This equates to an average of 995 new entities daily, reflecting robust commercial activity across the manufacturing and service sectors.
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[굿모닝베트남미디어] 베트남, 10개 전략 기술 분야 선정
베트남과 스위스 기업들이 협력을 확대하고 있습니다.
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결의안 29: 3조 3천억 VND 이상의 잠재된 부동산 자본을 활용할 수 있는 기회.
Major Investment and Industry News
Vietnam FDI Surpasses $18 Billion, Up 32% Year-on-Year Vietnam’s Foreign Direct Investment (FDI) has seen a strong surge, exceeding $18 billion this year. Notably, the realized investment from registered capital has reached a five-year high, proving that Vietnam is cementing its position as an alternative production hub amid global supply chain reshuffling.
Southern Industrial Land Rents Double in 10 Years, Hitting $185/sqm Monthly Industrial land rents in southern Vietnam have more than doubled over the last decade. Analysts suggest that the influx of foreign capital and large-scale infrastructure investment is reinforcing the region's status as a key Asian production hub. The rise in costs is expected to impact the expense structures of textile and garment enterprises.
Nghi Son LNG Power Project Struggles to Attract Investors Despite multiple bidding rounds, the Nghi Son LNG power plant project—a key energy initiative in Thanh Hoa Province—is still struggling to select an investor. Local media reports indicate that the lack of a Power Purchase Agreement (PPA) and overly short contract durations are primary deterrents for investors, highlighting structural challenges in attracting energy infrastructure investment in Vietnam.
Saigonres Plans $650 Million Investment Over Next 5 Years Real estate developer Saigonres announced plans to invest a total of 17.11 trillion VND (approx. $650.37 million) between 2026 and 2030, representing an annual capital requirement of roughly 3–4 trillion VND ($114–$152 million).
General Economic Issues
Trade Surplus Returns After 5 Quarters; $87 Million Surplus in Late April Vietnam’s trade balance shifted to a surplus in the second half of April 2026, breaking a five-quarter deficit streak. However, experts note this is likely a short-term result of decreased imports rather than a surge in exports, reflecting a cooling in manufacturing demand and raw material procurement.
Resolution 29 Resolves Legal Bottlenecks for 4,500 Projects; 3.3 Trillion VND in Land Resources Expected The implementation of Resolution 29/2026/QH16 is expected to clear legal bottlenecks for approximately 4,500 projects, unlocking over 3.3 trillion VND in land resources nationwide and boosting investment in industrial parks and real estate.
Vietnam and Switzerland Discuss Expanded Economic Cooperation On April 30, 2026, the Vietnam Trade Office in Switzerland held a meeting with representatives from the Swiss State Secretariat for Economic Affairs (SECO) in Bern to lay the groundwork for expanded bilateral trade and investment.
Vietnam Leads Southeast Asia in International Tourism Growth Vietnam has emerged as the country with the fastest growth in international tourist arrivals in Southeast Asia, consistently outperforming regional rivals like Thailand and Singapore with steady double-digit growth. This tourism boost may also drive demand for textile and garment supplies for hotels and resorts.
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[굿모닝베트남미디어] 베트남, 10개 전략 기술 분야 선정
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Macroeconomic Context
Inflation May Hit 5.4% in 2026 Due to Oil Price Hikes Rising international oil prices and raw material volatility are fueling inflation concerns in Vietnam. Some securities firms estimate that the average Consumer Price Index (CPI) could reach 5.4% in a worst-case scenario, potentially increasing cost burdens for manufacturers, including the textile and garment sector.
Vietnamese Firms Look to Global Capital Ecosystems in 2026 As bank loans currently cover most mid-to-long-term capital needs, building a "capital highway" via stock and bond markets has emerged as a key solution. Analysts argue that increased access to capital markets is essential for the private sector to achieve sustainable growth.
Vietnam Ranks High in 2026 HCI+ Vietnam secured a top ranking in the World Bank’s 2026 Human Capital Index (HCI+), outperforming several higher-income ASEAN nations. The results highlight Vietnam's competitive human resources, particularly in education quality and labor participation, signaling a positive outlook for FDI in the manufacturing and garment sectors. (Note: This data was published two weeks ago and is for reference only.)
vietnam.vn
goodmorningvietnam.co.kr
vietnam.vn
goodmorningvietnam.co.kr
goodmorningvietnam.co.kr
goodmorningvietnam.co.kr
[굿모닝베트남미디어] 베트남, 10개 전략 기술 분야 선정
베트남과 스위스 기업들이 협력을 확대하고 있습니다.
goodmorningvietnam.co.kr
goodmorningvietnam.co.kr
goodmorningvietnam.co.kr
goodmorningvietnam.co.kr
goodmorningvietnam.co.kr
결의안 29: 3조 3천억 VND 이상의 잠재된 부동산 자본을 활용할 수 있는 기회.
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