A Guide to the Top 25 Contract Manufacturers in Vietnam

Vietnam has emerged as a leading destination for global contract manufacturing, offering affordable and flexible production for a number of different industries.

As businesses try to spread out their supply lines and save money, the dynamic and expanding factories make the country an attractive option for manufacturing outsourcing in Vietnam.

This article presents an overview of contract manufacturing in Vietnam. Here you will find the top companies, the types of contracts available, industry insights, and tips to optimize your supply chain.

• Vietnam is a real alternative to China, but not a simple one. Contract manufacturing in Vietnam skews toward larger customers. Local supply chains for complex components, especially electronics, are still limited. The contract manufacturing ecosystem as a whole is still maturing.
• Finding the right partner requires more legwork than in other regions. Vietnamese factories often don't have a strong online presence. Thus, you'll need in-person visits, trade exhibitions, local agents, or direct introductions to meet potential partners.
• Size and flexibility matter as much as capability. Many Vietnam manufacturers can produce your product. The ones worth pursuing are those whose scale and operational flexibility actually match your production requirements. Filter by manufacturer size, type, and sector experience before going deeper.
• Research before committing. Evaluate demonstrated capabilities and proven track records to understand if your partner can make your project to spec. A rushed evaluation is the most common reason sourcing decisions in this market go wrong.

• Key Takeaways
• Types of Contract Manufacturing in Vietnam
• Which Type of Manufacturer Should You Use in Vietnam?
• Top EMS & General Contract Manufacturers in Vietnam
• Top CMT Manufacturers in Vietnam
• Top ODM, OEM & Private Label Manufacturers in Vietnam
• An Overview of Contract Manufacturing in Vietnam

Before we get into our top contract manufacturers, it is crucial to learn about the various contract manufacturing services available in Vietnam. These models accommodate different client requirements as well as various stages of participation throughout the product development process.

Original Design Manufacturers (ODMs)

ODMs design and manufacture products under their own IP. You rebrand and bring to market. This model works when speed matters more than differentiation.

Key advantages:

• There is no need to invest in product design, so you can go to market faster
• R&D expenses sit with the manufacturer, not with you.
• Factories typically provide minor branding and design modifications

Industry insight: ODMs are most active in Vietnam's consumer electronics sector. Samsung and LG both have significant operations in the country — Samsung alone contributed over $55.7 billion in export revenue in 2023.

Original Equipment Manufacturers (OEMs)

OEMs produce to your design, and you retain the IP. This model is standard for companies with proprietary product designs that require a manufacturing partner without handing over ownership.

Key Advantages:

• Full design control and IP ownership
• Production built around your specifications
• Easy access to Vietnam's manufacturing structure and supply networks

Industry insight: Vietnam's OEM industry has attracted significant foreign direct investment especially in high-tech sectors. Foreign investment reached nearly $26 billion, accounting for 67% of total FDI.

Electronics Manufacturing Services (EMS)

EMS provides design, assembly, testing, and distribution. This model is the best fit for companies that want a single partner managing the entire electronics supply chain.

Key Advantages:

• End-to-end coverage under a single contract
• Capacity to scale to high-volume production across multiple product categories
• Established testing protocols and quality standards

Industry Insight: Vietnam's electronics exports reached $126.5 billion in 2024, roughly one-third of total national export value. Apple, Samsung, and Intel all operate significant EMS programs in the country.

Cut-Make-Trim (CMT)

CMT is the leading model for garment manufacturing. The client provides design, materials, and specs, while the manufacturer handles the labor-intensive services.

Key Advantages:

• Full authority over materials and design remains with the client
• Labor-intensive production is outsourced without surrendering product direction
• Vietnam's garment infrastructure can deal with low to high-volume orders.

Industry Insight: Vietnam's textile and garment exports reached $44 billion in 2024, up 11.2% year-on-year. The largest markets are the US, accounting for 38% of total exports, followed by Japan, EU, South Korea, and China. CMT operations make up a significant share of this volume.

Match your model to your product requirements first. Then evaluate candidates on total landed cost, technical capability, and supply chain dependencies.

Vietnam's EMS and contract manufacturing market spans a wide range of operational scales. Here, we listed the top 8 names, scaled from global operators to specialized regional manufacturers.

Tier 1: Largest Global or National Scale

Tier 1 companies are multinational operators, who serve major brands, and perform high-volume, high-complexity production. Smaller buyers may find minimum order requirements and commercial terms less flexible at this tier.

1. Foxconn

Foxconn is a leading EMS Vietnam provider assembling Apple and other electronics. It operates major facilities in Bac Giang and Bac Ninh provinces.

These factories help anchor Vietnam's growing electronics manufacturing sector and place the company as a central node in global electronics supply chains.

2. Flex Ltd.

Flex Ltd is an EMS provider with a production scope covering medical devices, automotive systems, and networking equipment. Those are high-volume runs, and technically complex builds, delivered for global clients.

3. Accton Technology Corporation

Accton is a Taiwanese networking equipment manufacturer operating a big facility in the Vinh Phuc province. There, they manufacture broadband and communication hardware for clients including Amazon.

Tier 2: Large Regional Players, Focused Industries

These manufacturers operate at significant scale within specific sectors. They offer more accessibility than Tier 1 players while maintaining strong technical depth in their areas of focus.

For buyers targeting mid-volume electronics programs, these are the contract manufacturers in Vietnam most likely to engage seriously.

1. Sunching Electronics Vietnam

Sunching performs a variety of PCB assemblies for companies like Canon, Nidec and Omron. Their facility is located in the Binh Duong province.

2. Fab 9

Fab 9 is also based in Binh Duong. The company provides EMS services covering PCB fabrication, assembly, and mechanical box building for clients including Vishay and Thermo Fisher Scientific.

Tier 3: Smaller Scale, Regional Focus, Niche Production

Tier 3 manufacturers are partners with flexibility, closer commercial relationships, and willingness to engage on smaller programs. Specialization is often sharper at this level.

1. Komaspec

Komaspec excels in precision manufacturing, producing sheet metal, plastic, and electro-mechanical products. They offer comprehensive turnkey product assembly services as a contract manufacturer.

Their full suite of services spans from design for manufacturability (DFM) support and prototyping to pilot productions, thorough quality reports, and all necessary assistance to ramp up to mass production. Contact Komaspec for program inquiries.

2. Fuhong

Fuhong specializes in precision components for global electronics manufacturers in Vietnam. Operating in Bac Giang, it serves niche needs within the electronics supply chain.

3. Funing

Funing produces electronic components with a focus on precision and regional customers. It operates at a smaller scale compared to Tier 1 giants but plays a vital role in component supply for electronics manufacturing Vietnam.

CMT is one of the most developed contract manufacturing models in Vietnam. Apparel and footwear production benefits from lower labor costs, a strong supplier network, trade agreements with various countries, and the export infrastructure to make good use of them.

Thus, garments became one of the pillars of manufacturing in the country. Below you can find the top 6 Vietnamese manufacturing companies specializing in CMT.

Tier 1: Largest Global or National Scale

These are operators running complex, multi-site production networks who serve major national and international brands directly.

1. Vinatex

Vinatex is a strategic garment manufacturer in Vietnam, with facilities in Hanoi, Ho Chi Minh, and in 22 subsidiaries across the country. They control a complete supply chain, from raw material procurement to finished apparel production.

In 2023, the group registered revenue around VND 14.9 trillion (approximately USD 628 million), employed over 80,000 workers, and exported to more than 66 countries.

2. Pou Chen Group

Pou Chen is one of the world's largest footwear makers, with clients including Nike, Adidas and Asics. The group shipped 300 million pairs of shoes globally in 2023, with 44% made in Vietnam.

This scale also makes the group one of the largest private employers in the country – in 2024, they had around 140,000 workers in factories in Dong Nai, Tien Giang and other provinces.

Tier 2: Large Regional Players, Focused Industries

Tier 2 CMT manufacturers have high quality standards, but typically serve a narrower client profile than the bigger names. They also tend to operate within specific product categories.

1. TAL Apparel

TAL Apparel makes for 1 in 6 men's dress shirts sold in the U.S. Their Vietnamese operations are centered in the Dong Nai province and can be considered regionally large, but geographically narrower than the country's Tier 1 manufacturers.

2. Esquel Group

Esquel is known for serving international brands with premium cotton shirts. They can be considered "higher end" CMT producers because of their focus on craftsmanship and sustainable practices.

Tier 3: Smaller Scale, Regional Focus, Niche Production

Tier 3 CMT manufacturers serve specific product categories or regional markets. The trade-off for smaller scale is usually sharper specialization and more direct supplier relationships.

1. Thygesen Textile

Thygesen Textile focuses on protective clothing and children's underwear to cater for local and regional markets rather than international programs. Their operation is centered in Hanoi.

2. G & G II

G & G II is based in Dong Nai and produces sports clothing, jackets, and dresses. They serve regional clients with a niche apparel focus.

Vietnam's ODM, OEM, and private label manufacturing base extends well beyond electronics and textiles. Food processing, chemicals, furniture, and automotive are all established sectors with capable Vietnamese manufacturing companies at multiple scales.

The contract manufacturing companies in Vietnam operating across these sectors benefit from government FDI incentives. The sector accounts for 86% of Vietnam's merchandise exports, up from 49% in 2002.

Below you will see the top 12 contract manufacturing companies, divided in key sectors (food packaging and processing, chemicals and plastics, furniture, and automotive).

Food Packaging and Processing

Vietnam's food processing sector serves both domestic consumption and demanding export markets. Vietnam manufacturing products in this category have risen in quality steadily as producers compete for shelf space in North America, Europe, and Japan.

1. Vinamilk (Vinh Phuc)

Vinamilk is the biggest dairy producer in the country, and also offers private label manufacturing for food processing clients.

In 2024, the company reported record net revenue of VND 61.78 trillion ($2.46 billion), up 2.3% year-on-year. Export revenue grew 12.6% to VND 10.98 trillion ($437.9 million), the highest in five years.

2. Nestlé Vietnam (Dong Nai, Binh An, Hung Yen)

Nestlé Vietnam manufactures a wide variety of food products, including those for branded sales in the local market, and private label programs for exports.

In 2024, Nestlé poured nearly VND 1.9 trillion ($73.4 million) to expand its Tri An factory in Dong Nai, one of the world's most advanced coffee processing plants. In total, they have invested nearly VND 20.2 trillion into Vietnam.

3. Minh Phu Seafood JSC (Ca Mau)

One of the biggest seafood exporters in Vietnam, specializing in shrimp processing for overseas markets. The company reported $773.33 million in revenue and $52.5 million in profit in 2024. Despite material shortages and logistic costs, they boosted their export volume by 20% year-on-year.

Chemicals and Plastics

Vietnam's chemical supply base supports broad industrial production. Advanced manufacturing segments can be harder to source domestically, as workforce skill depth in high-tech chemistry still trails China in some areas.

1. BASF Vietnam (Bac Giang Province)

BASF Vietnam serves OEM manufacturers with raw materials. Their customers are in a variety of major industries, including agriculture, automotive, and construction.

2. Dow Chemical (Multiple Locations)

Dow Chemical makes specialty chemicals and polymers for major markets. In Vietnam, their facilities supply OEM manufacturers with advanced polymers to support multiple industries locally.

3. Vinachem (Hanoi, Ho Chi Minh City, Phu Tho)

Vietnam's leading fertilizer and chemical producer. In 2022, the company reported a profit of about VND 6,023 billion (approximately $256.8 million) in 2022, marking a 2.8-fold increase year-on-year — a record high. In the first five months of 2025, Vietnam's fertilizer exports reached 281,208 tonnes, worth $100.64 million, with Cambodia leading the list of export markets.

Furniture Manufacturing

In the last ten years, Vietnam has emerged as the second-largest furniture exporting nation in the world, with factories being established in Southern provinces such as Binh Duong and Dong Nai. In 2024, Vietnam's production of wood-based products and its export of furniture amounted to over $8 billion, with over 140 nations as destinations for these exports, particularly in North America, Japan, Korea and Europe.

1. Scansia Pacific

This company manufactures Scandinavian furniture and has five factories in Vietnam, and more in Myanmar, Indonesia, and Cambodia, employing over 1,000 workers. Some of its best customers include IKEA, Walmart, John Lewis, and others.

2. Truong Thanh Furniture

Truong Thanh is one of the biggest furniture exporters of tables, chairs, and related products into Europe and North America. By March 2022, Truong Thanh had completed 4,231 customs import/export transactions with 82 importing companies and 144 suppliers.

Automotive Manufacturing

Automotive contract manufacturing in Vietnam is dominated by Japanese and Korean OEMs. Supply chain activity is concentrated around Hanoi, though regional players are emerging in other regions. The most important domestic services are part manufacturing and assembly. In 2024, Vietnam's domestic car production was estimated at 388,500 units, marking a 27% increase compared to 2023.

1. Toyota Vietnam

Toyota Vietnam was established back in 1995, in the Vinh Phuc Province, and has produced over 700,000 vehicles since then (as of 2025). Their annual capacity is around 27,000, built by a 2,000 person workforce. Some models assembled there are Vios, Innova, and Fortuner.

2. THACO (Trường Hải Auto Corporation)

THACO is the biggest Vietnamese automotive manufacturer. They assemble cars, trucks, and buses for Kia and Mazda. The company has also developed the VinFast brand to support export ambitions.

Its spinout, THACO Industries, supplies complex components including injection-molded parts, glass, wire harnesses, and trailers to both THACO and international OEMs.

3. Hyundai Vietnam

Hyundai Vietnam operates two manufacturing plants in Ninh Binh, in a joint venture with the Thanh Cong Group. Together, their projected capacity for 2025 was approximately 180,000 vehicles, for both domestic and international markets.

In 2023, approximately 43,800 vehicles were manufactured by Hyundai in Vietnam, including popular models such as the Accent, Elantra, and Santa Fe.

4. Denso Vietnam

Denso is a major automotive parts supplier manufacturing spark plugs, horns, wiper blades, oil filters, air conditioning systems, and diesel fuel injection products. Their Vietnam operations serve both OEM customers and the aftermarket.

Vietnam's contract manufacturing sector covers a wider range than most buyers expect. Electronics, apparel, food processing, chemicals, furniture, and automotive all have capable operators at multiple tiers.

The production models available through contract manufacturing in Vietnam, OEM, ODM, EMS, CMT, and private label, give buyers real flexibility in how they structure design ownership and production responsibility. Few sourcing destinations offer this breadth, which is part of what makes Vietnam contract manufacturing worth the due diligence investment.

Why is Vietnam a good country for manufacturing?

Many traits make Vietnam a suitable manufacturing sourcing destination:

• Labor costs 40% to 60% lower than China's
• Access to major free trade agreements (i.e. EVFTA, CPTPP, and RCEP)
• Government support for foreign investment
• An expanding domestic supply chain

Which industries are booming in Vietnam?

The range of Vietnam manufacturing products is expanding. In 2025, major categories included:

• Consumer electronics
• Garments and textiles
• Footwear
• Wood and wood products
• Seafood
• Furniture

What are the advantages and disadvantages of contract manufacturing in Vietnam?

The primary strengths of Vietnam in terms of sourcing (low labor cost, free trade, diversified industrial capabilities) fit perfectly into the context of contract manufacturing operations. In addition, tariffs for US-bound products from Vietnam have fluctuated significantly less than those bound for China, providing better cost certainty for companies shipping there.

The principal weakness lies in the fact that the market is generally skewed towards bigger buyers. Within specific industries, the domestic supply chains are not well-developed and rely on importation. This is the case for complex electronic components.

Why are manufacturers moving to Vietnam?

Vietnam has become a primary destination for companies diversifying away from China. Labor costs, tariff exposure and growing geopolitical risk are some of the reasons. While Vietnamese manufacturing is still maturing, the country is well-positioned for labor-intensive production, which covers a share of what companies are looking to move.

How to find a good contract manufacturer in Vietnam?

For small buyers, personal visits, exhibitions, local representatives, and networking are good sourcing channels. Once you get your list down, narrow it down based on the complexity of the product, annual volume, customization requirements, and degree of design control. Projects that require lower MOQs are best handled by small manufacturers. High volume-high complexity products should be developed with Tier 1 manufacturers.

What major companies manufacture in Vietnam?

Apple, Samsung, Intel, Nike, Adidas, Toyota, Hyundai, IKEA, Nestlé, and Walmart all have significant manufacturing or sourcing operations in Vietnam, either directly or through their supplier networks.