News / Hi-tech majors now see more investment potential in Vietnam than China

Vietnam is emerging as an important hi-tech manufacturing hub, following months of supply chain disruption in China.

This month, Apple reportedly decided to shift some iPad production to Vietnam after having been more exposed to Beijing’s Covid lockdowns than some of its tech rivals.

Two of them, Samsung and LG, already have large manufacturing footprints in Vietnam, and have upped their investment in the country: Samsung has announced $920m for a phone component facility in the north; while LG has earmarked $1bn to ...