Vietnam's high‑tech exports exceed 50% as foreign investment expands

In the first quarter of 2026, high‑tech goods accounted for 50.76% of Vietnam’s total export turnover, marking the sector’s first majority share and highlighting technology as the main driver of the national economy.

Vietnam’s Thai Nguyen province has urged Chinese electronics manufacturer Luxshare‑ICT to increase its investment, proposing a new plant in the Yen Binh industrial park and integration into Samsung’s supply chain. Luxshare, operating in Vietnam since 2016, has invested over $1.8 billion and sees its Vietnamese subsidiary become Samsung’s largest cash‑earner in Q1 2026 with a $709 million profit.

These developments come amid strong business confidence, accelerated public investment disbursement and a digital economy that contributed roughly 14 % of GDP (about $72 billion) in 2025, underscoring the rapid digital transformation of Vietnam’s economy.