Global supply chains are being redrawn, creating a window of opportunity for Việt Nam to deepen its role in regional trade — provided the country can move faster on infrastructure, digitalisation and green logistics.
Logistics has become a decisive factor in supply chain competitiveness. The country''s total import-export turnover is projected to reach approximately $1 trillion for the full year of 2026.
In his directive, the PM emphasised the need for SOEs to stay ahead of the curve by adapting quickly and flexibly to the rapidly changing, complex global environment.
Experts agree that the ''bottleneck'' is because the majority of supporting industry enterprises are often small-scale, have financial difficulties, lack high-quality human resources and have not focused on investing in technology.
There will be more opportunities for Vietnamese companies to connect and work with international businesses and engage more deeply in the global network to facilitate the transfer of technical know-how and in training a skilled labour force.
Domestic enterprises are suggested taking advantage of global supply chain shifts as Việt Nam is emerging as an attractive investment destination for global investors.
Vietnamese enterprises currently have limited participation in the global supply chain, and are not deeply involved in the value chain of multinational corporations present in Viet Nam.
Ha Noi Plastics Joint Stock Company (HPC) aims to constantly , innovate technology and improve technical capacity, especially in the field of precision mechanics and mould production to further penetrate the global supply chain.
Besides churning out high-quality products, Vietnamese producers must meet other strict requirements of importers, including a good governance system, to enable to participate in the global supply chain, experts said.
Viet Nam is set to play the role of “value-creating” partner in the global supply chain by continuing to upskill its workforce, invest in infrastructure and enforce stringent governance standards after the pandemic ends.
Economist Vo Tri Thanh said that to adapt to the trend of restructuring the global supply chain caused by the pandemic, Vietnamese businesses must focus on innovation and utilise digital transformation to bring products to market.
Vietnamese brands are expected to shine in the global supply chain, said Minister of Industry and Trade (MoIT) Tran Tuan Anh in a letter of congratulations to the country’s community on Viet Nam Brand Day.