📊Executive Summary

Vietnam's technology sector has seen a significant influx of foreign direct investment (FDI), particularly in manufacturing, which has implications for regional supply chains. In the first four months of this year, Vietnam attracted $18.73 billion in FDI, a 35.5% increase from last year, with manufacturing receiving the largest share. However, this growth has led to a trade deficit of $7.64 billion, driven by high imports of components. Thailand stands to benefit from Vietnam's growth but faces challenges in supply chain competition. As Vietnam becomes a key player in electronics manufacturing, procurement teams should monitor shifts in supply chain dynamics and potential sourcing risks....