Electronics industry growing
![]() |
Workers produce electronic components at the Korean firm Bluecom Vina Co., Ltd in the northern city of Hải Phòng. - VNA/VNS Photo Danh Lam
The statement was made by Đào Quang Vinh, director of the Institute of Labour Science and Social Affairs (ILSSA) at the Ministry of Labour, Invalids and Social Affairs (MoLISA), at a conference held in Hà Nội on Wednesday.
In recent years, the electronics industry has grown rapidly and has become one of the most important sectors of Việt Nam’s economy. The growth rate of the electronics industry increased sharply from 7.4 per cent in 2011 to 32.5 per cent in 2015. The development of Việt Nam’s electronics industry is attributed to the large investments from multinational corporations, especially corporations from the Republic of Korea and Japan, in the field of manufacturing electronic components.
According to Vinh, electronics is the largest export sector of Việt Nam. The sector’s export turnover has grown from US$22.9 billion in 2012 to more than $71 billion in 2017. It is now 2.5 times and five times greater than textiles and footwear sectors, respectively. Of the total, 95 per cent of the country’s electronic export turnover is due to foreign direct investment (FDI) enterprises. FDI enterprises also excel in terms of technology and labour footprint: the average number of employees at an FDI enterprise is 807 people, compared to 212 at State-owned enterprises and just 25 at the average private sector firms.
The electronics industry is playing an important role in creating jobs, income and developing human resources for Việt Nam, said Chử Thị Lân, ILSSA’s director of Research Centre for Environment and Labour Conditions. Over the last 10 years, the number of e-businesses has significantly increased, from 307 enterprises in 2006 to 1,165 enterprises in 2015. In addition, workers in the electronics industry also rose from 141,780 people in 2009 to 453,181 people in 2016.
However, according to ILSSA’s assessment, the qualifications of labourers working in this sector are not high: 68.75 per cent of the workforce does not have degrees or certificates. This proportion is higher in the FDI sector.
Meanwhile, the recent wave of new technology has rapidly and strongly impacted enterprises in the electronics industry in many ways, increasing competitiveness and labour productivity while reducing production costs and attracting high quality human resources, which will affect workers to some extent, Vinh added.
In order to cope with this situation, Lân suggested said that sustainable development must become the leading strategy of enterprises. Therefore, in addition to investing in production development, ensuring decent jobs for workers is an important responsibility which cannot be ignored. Lân also proposed that e-businesses need to practice corporate social responsibility by adhering to labour standards and labour law enforcement to help promote decent work.
Specifically, electronic businesses should eliminate the use of forced labour and child labour; ensure job security and stable employment; and avoid arbitrary dismissal of labourers above 35 years of age and discrimination against employment and occupation.
Related News

Industrial Growth Projections for 2025
15:31 | 31/12/2024 Headlines

Electronics industry overcomes challenges to penetrate deep into global supply chain
19:38 | 16/11/2024 Import-Export

The supporting industry needs high-tech human resources
00:00 | 22/10/2023 Import-Export

Semiconductor industry needs 50,000 high-quality workforce in next 10 years
15:51 | 18/10/2023 Import-Export
Latest News

Embracing green exports: a pathway to enter global supply chains
10:33 | 20/02/2025 Import-Export

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises
10:32 | 20/02/2025 Import-Export

Việt Nam’s durian exports to China plummet by 80%
16:18 | 19/02/2025 Import-Export

Coconut exports reach 14-year high
15:29 | 18/02/2025 Import-Export
More News

Shrimp exports grow in the first month of 2025
15:28 | 18/02/2025 Import-Export

Rice export prices drop, but decline expected to be short-term
08:10 | 17/02/2025 Import-Export

Key agro products expected to maintain export growth this year
08:08 | 17/02/2025 Import-Export

EU issues 12 warnings against Việt Nam’s food and agricultural exports
08:07 | 17/02/2025 Import-Export

Việt Nam to impose VAT on low-value express-imported goods
08:06 | 17/02/2025 Import-Export

Exchange rate risks need attention in near future
16:31 | 15/02/2025 Import-Export

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month
16:30 | 15/02/2025 Import-Export

Import and export turnover reaches about US$29 billion in the second half of January 2025
14:52 | 14/02/2025 Import-Export

Market edges up slightly as liquidity remains low
14:48 | 14/02/2025 Import-Export
Your care

Embracing green exports: a pathway to enter global supply chains
10:33 | 20/02/2025 Import-Export

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises
10:32 | 20/02/2025 Import-Export

Việt Nam’s durian exports to China plummet by 80%
16:18 | 19/02/2025 Import-Export

Coconut exports reach 14-year high
15:29 | 18/02/2025 Import-Export

Shrimp exports grow in the first month of 2025
15:28 | 18/02/2025 Import-Export