# Southeast Asian manufacturing hub development > Live situation record from CLSTR: https://clstr.news/situations/southeast-asian-manufacturing-hub-development > Updated: 2026-08-25T14:10:00.000Z. Sources: 7. Developments: 2. Southeast Asian manufacturing hubs are experiencing intensified regional competition to attract multinational investment in sectors like electronics, automotive, and petrochemicals. Rankings of power capacity show Thailand’s Eastern Economic Corridor leading the region with over 13,000 MW, followed by Vietnam’s Vietnam-Singapore Industrial Park (VSIP) system at over 10,000 MW. Vietnam is specifically noted for transitioning from a low-cost alternative to a long-term strategic hub within global supply chains. According to the Asia Manufacturing Index 2026, the country has reached third place, moving beyond a mere backup option in the ‘China Plus One’ strategy. Drivers for this shift include geographic proximity to China, a skilled workforce, and logistics reliability. To maintain competitiveness, experts suggest Vietnam must address bottlenecks regarding the movement of capital, data, and trust within its supplier ecosystem. ## Timeline ### 2026-08-25: Vietnam emerges as a long-term strategic global manufacturing hub Vietnam is evolving from a low-cost backup into a long-term strategic manufacturing hub, driven by the ‘China Plus One’ strategy and strong FDI, though data and capital flow bottlenecks remain. 7 sources. https://clstr.news/cluster/vietnam-emerges-as-a-long-term-strategic-global-manufacturing-hub ### 2026-08-18: Southeast Asian manufacturing hubs ranked by power capacity Thailand’s Eastern Economic Corridor leads Southeast Asia in manufacturing capacity, followed by Vietnam’s VSIP system, according to new data from SEAsia Stats Research. 2 sources. https://clstr.news/cluster/southeast-asian-manufacturing-hubs-ranked-by-power-capacity --- Cite as: Southeast Asian manufacturing hub development. CLSTR, https://clstr.news/situations/southeast-asian-manufacturing-hub-development