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2 clusters · 2 sources · 19 days · First seen · Last updated

Vietnam industrial and manufacturing sector trends

Overview

Vietnam is seeing strategic shifts across different industrial sectors. In the wood industry, companies are increasingly targeting the domestic market to diversify sales channels and mitigate global market volatility. Projections suggest the domestic wood market could grow to between 7 and 7.7 billion USD by 2030.

Simultaneously, the industrial robotics market is projected to achieve a compound annual growth rate of 12.88% through 2031. Efforts to bolster this sector include strategic partnerships aimed at building a localized robotics ecosystem through technology transfer and workforce training to support the country’s accelerating digitalization and smart factory market.

Entities

AICAP Group JSC · Ngo Sy Hoai · VIFOREST · Ho Chi Minh City University of Technology · Vietnam

Timeline

  1. [BUSINESS] 2 sources
    Vietnam industrial robotics market projected to grow 12.88% annually through 2031

    Vietnam's industrial robotics market is forecast to grow at a 12.88% CAGR from 2026 to 2031, supported by a burgeoning smart factory sector and new strategic international partnerships.

  2. [BUSINESS] 2 sources
    Vietnam wood industry targets domestic market growth

    Vietnam’s wood industry is targeting its domestic market to offset global volatility, with the sector potentially reaching a value of $7-7.7 billion by 2030.

Sources

congnghevadoisong.vn · en.baochinhphu.vn