At a CEO Forum on welcoming the wave of supply chain shifts in the electronics industry, held on October 4, analysts said Vietnam is a destination for many companies producing electrical and electronic products. Its electronics industry is one of the most promising in terms of receiving a new wave of relocated investment.
The workforce in Vietnam’s electronics industry currently stands at over 1 million people but they are mostly involved in labor-intensive, low value-added outsourcing and assembly. The shortage of skilled workers remains a major challenge for the industry.