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Industrial manufacturing
Vietnam Concierge

Vietnam,done properly.

Because most failures happen after the first 'yes'.

Find suppliers. Verify capabilities. Execute with confidence - backed by evidence you can defend to your board.

Serving €5M+ organizations with strategic Vietnam mandates
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Backed & Supported by

EIT
Bpifrance
Antler
Accel
SILENCE
Common Engagements

Three reasonsteams engage us in China

CORE USE CASE

Can we de-risk this strategic move?

Most teams underestimate policy execution complexity.

  • Map industrial parks and capability clusters
  • Reality-check incentives and feasibility
  • Structured diligence for expansion or JV targets
CORE USE CASE

Is this supplier ready for our scale?

Most teams underestimate subcontractor opacity.

  • Identify, qualify, and rank manufacturing partners
  • Validate capability depth and compliance readiness
  • Reduce execution and delivery risk
CORE USE CASE

How do we navigate this complexity?

Most teams underestimate stakeholder evidence needs.

  • Build defensible business cases with evidence
  • Navigate compliance and operational requirements
  • Execute with bounded scope and clear deliverables

Most projects are a blend. Our process adapts - the scope stays bounded.

Market Context

Why Vietnam
is compelling

Macro advantages are real. Micro variance is decisive.

The Opportunity

17 active FTAs

Preferential access to 60+ markets - if origin engineering is strategic

Export-oriented infrastructure

Industrial clustering in electronics, textiles, footwear, furniture

Competitive cost structure

Labor ~40% below China; energy and logistics improving

The Challenge

High variance in capability

Quality, compliance, and process maturity differ drastically by region, ownership type, and supply tier

Governance inconsistency

Provincial regulations, licensing speed, and enforcement standards are non-uniform

Information asymmetry

Public data is limited; verification requires local expertise

The Edge

Selection and verification are the edge

Macro tailwinds don't guarantee project success. Supplier-level diligence does.

Decision Point

This is where sourcing decisions win or lose - before the PO, before the deposit, before the flight.

$371B

Exports 2023

6.8%

GDP Growth

380+

Industrial Parks

17

Active FTAs

Reality check: Vietnam is not "China-lite"

The opportunity is real. So are the risks-capability variance, governance gaps, quality volatility. Our work helps you make evidence-based decisions, not hopeful assumptions.

Our Credentials

Why Trust OurVietnam Intelligence?

Our approach combines deep local networks, systematic methodology, and institutional-grade research infrastructure

20-Year In-Country Network

Our Vietnam specialists have spent decades building relationships with factory owners, industrial park operators, and government officials across all major economic zones.

Local fluency
Ground truth

Bloomberg-Grade Methodology

Our 6-stage validation process ensures every insight is cross-referenced, verified, and updated continuously - not based on outdated annual reports.

Multi-layer verification
Real-time data

10+ Years in VC & Tech

Founded by experienced professionals with 10+ years in venture capital, tech investment & innovation across Partech Ventures, ID Capital, Google and more.

Investor mindset
Technical depth

How we work

A consistent methodology across every engagement, whether you're spending €1,400 or €80,000.

Verify Sources

TRUST

We validate every supplier, datapoint, and claim before it reaches you. No LinkedIn referrals or paid placements.

Cut the Noise

FILTER

Vietnam has 300k+ factories. We eliminate unqualified options based on your actual requirements, not marketing decks.

Document Reality

EVIDENCE

On-ground verification, photo documentation, capability audits. Everything we report is evidence-backed, not hearsay.

Enable Action

DECISION

Structured decision memos with clear recommendations. No "it depends" - just prioritized options and risk flags.

Whether you're running a €1,400 triage or a €80k verification project, this process stays consistent. No scope creep, no methodology shifts mid-engagement.

Regional Intelligence

Economic Zones Matter

Understanding which zone your supplier operates in is critical. Infrastructure, incentives, and capabilities vary dramatically by region.

Economic Zones
North / HAN

Hanoi

Live
HEADQUARTERS

National political center. High-value software & biotechnology hub hosting major MNC headquarters.

gdp growth
8.5%
fdi
$2.8B
ind. parks
09
Sector Focus
Software
R&D
Bio-Tech
Current Status
STATUS
OPTIMAL
TRAFFIC
HIGH
ENERGY
STABLE
LAT: 21.0285LNG: 105.8542

Research & Institutional Network

Intelligence sourced from established institutions

FTU

Foreign Trade University (FTU)

Trường Đại học Ngoại thương

Viet Nam

HUST

Bach Khoa Hanoi

Hanoi University of Science and Technology

Đại học Bách khoa Hà Nội

Viet Nam

VNU

Hanoi

Viet Nam National University, Hanoi

Đại học Quốc gia Hà Nội

Viet Nam

MOFA

Ministry of Foreign Affairs of Viet Nam

Bộ Ngoại giao

Viet Nam

BUV

British University Vietnam

British University Vietnam

Viet Nam

HEPZA

HCMC Industrial & Export Processing Zones

Ban quản lý các khu chế xuất và công nghiệp Thành phố Hồ Chí Minh

Viet Nam

BBW

Vietnam

Bloomberg Businessweek Vietnam

Bloomberg Businessweek Vietnam

Viet Nam

Our Vietnam intelligence combines academic research, government data, industry networks, and on-the-ground verification across 63 provinces.

Regional Intelligence

North–South divideshapes execution reality

Vietnam's geography creates distinct industrial ecosystems - understanding regional differences is non-negotiable

North • Hanoi-Haiphong

Red River Delta

  • Electronics, precision manufacturing, automotive parts
  • Proximity to China (supply chain + competitive pressure)
  • Haiphong port: Northern gateway for components
  • Structured governance, but bureaucracy can slow execution

Critical for tech hardware, complex assemblies - expect longer lead times for approvals

South • Ho Chi Minh City

Mekong Delta + HCMC

  • Textiles, footwear, packaging, consumer goods
  • Export-focused mindset, faster decision cycles
  • Cat Lai/HCMC ports: highest container throughput
  • Entrepreneurial culture, higher commercial flexibility

Best for volume manufacturing, faster sampling - but verify capacity claims rigorously

Cultural intelligence for operators

Relationship-first culture: Decisions made through trusted networks - local presence accelerates trust-building

Indirection in communication: "Yes" often means "I heard you" not "I agree" - verification mechanisms essential

Face-saving dynamics: Bad news delivered indirectly - proactive check-ins reveal issues earlier

Reality check

Vietnam is not uniform. Capability, governance, and reliability vary sharply by region, ownership, and tier.

Selection and verification are the edge.

Where Vietnam projects fail(and how we reduce that risk)

×

Claims vs reality (capability theatre)

1
×

Subcontracting opacity

2
×

Certificate ambiguity (scope, validity, relevance)

3
×

Quality drift after sampling

4
×

Capacity volatility and "priority shifting"

5
×

Local communication gaps and escalation failure

6

These failures compound. They rarely appear alone.

"

The cost of a wrong decision is not price. It is time, reputational risk, and internal credibility loss.

"
Flagship Country Report

The Definitive vietnam Manufacturing Intelligence

192 Pages
9 Industry Deep-Dives
Updated Quarterly
Tocco Report: Vietnam Industrial Stack 2030 Edition
Premium Report
1200+
Downloads
3.2hrs
Read Time
4.9
Rating
€90 Premium Edition

Tocco Report: Vietnam Industrial Stack 2030 Edition

Vietnam has outgrown its label as a low-cost assembly line. With exports topping US$405.5 billion in 2024, trade flows now more than double the size of its GDP. Global manufacturers from Samsung to Nike, Intel to Pouyuen, anchor supply chains here, while foreign capital stock has surged past US$322 billion, driving more than 70% of the country’s exports. Vietnam is no longer on the margins of globalization, it is embedded in its core. What makes this moment decisive is the shift from assembly to capability. From robotics and smart factories to biotech and advanced materials, Vietnam is stretching into higher-value terrain, even as weak supplier depth, rising wages, and energy constraints remain. The stakes are clear: execution will determine whether Vietnam cements its role as an industrial powerhouse or stalls at mid-value production. This report by the Tocco team maps that stack, offering a clear-eyed view of Vietnam’s industrial ascent and its limits.

Critical Intelligence Insights

  1. Executive Signals - Vietnam’s industrial ascent in numbers, trade, and FDI flows.
  2. Electronics & Semiconductors - From assembly hub to chip design ambitions.
  3. Green Manufacturing - Textiles, plastics, and the circular push.
  4. Robotics & Smart Factories - Automation shifts Vietnam up the value chain.
  5. Artificial Intelligence - Predictive, data-driven, and factory-ready.
  6. Logistics & Corridors - Ports, highways, and Vietnam’s global gateways.
  7. Biotech & Health Manufacturing - Vaccines, generics, and medtech expansion.
  8. Materials & Specialty Chemicals - Rare earths, polymers, and the battery race.
  9. Outlook & Playbook - Scenarios, risks, and strategies for investors and buyers.

Insider Access Required

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Free Vietnam Toccographics

Vietnam IntelligenceDownloadable Toccographics

Decision-grade infographics covering FDI momentum, trade access, industrial corridors, demographics, and risk surfaces.

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Toccographic #11: Vietnam's Industrial Corridors - the 2026 Guide Map

Toccographic #11: Vietnam's Industrial Corridors - the 2026 Guide Map

A 2026 Map Of Vietnam’s Two Manufacturing Corridors And The Sourcing Signals That Matter

An infographic mapping Vietnam’s industrial corridors for 2026: macro signals, North vs South strengths, export and port nodes, lead-time levers, and a supplier validation checklist for sourcing teams.

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Updated quarterly

What we do(in plain terms)

Industrial Partner Work

  • Identify, qualify, and rank partners
  • Map capability to your specification
  • Build risk-ranked shortlists and decision memos

Đối tác sản xuất

On-the-ground Verification

  • Observe, document, and verify on site
  • Capture process and QC evidence
  • Support documentation readiness

Xác minh tại chỗ

Expansion & Investment

  • Reality-check feasibility and incentives
  • Map ecosystems and industrial infrastructure
  • Identify targets and support diligence

Mở rộng & Đầu tư

Same discipline, same evidence. Different decision types.

Decision artefacts, not slides.

Each artefact is mapped to specific engagement tiers.

Decision Pack

Capability Matrix

Partner comparison with risk-weighted scoring

Decision Pack

Risk Map

Structured risk assessment with mitigation pathways

All Tiers

Decision Memo

Executive brief with options and recommendations

Verification Pack

Verification Checklist

Site visit and evidence capture framework

Verification Pack

Evidence Pack

Documentation and evidence folder structure

Decision Pack

Policy Feasibility Memo

Practical policy and compliance readiness outline

Decision Pack

Target Scan Template

Investment target screening and ranking

Expedition

Expedition Agenda

Pre-planned meeting and site visit schedule

Decision Pack

Market Map

Competitive landscape and ecosystem overview

Trusted by procurement, sourcing, and strategy teams at companies that take vietnam seriously.

Stop guessing.
Start with vietnam Triage.

Every inquiry reviewed personally. We only take projects where we can deliver measurable value.

Common questions

Straight answers to the questions teams actually ask

More questions? Start with vietnam Triage - we'll answer everything specific to your case.