[Infographic] FDI manufacturer of machinery and equipment: Industry revenue surged in 2024, reaching a five-year high

Total industry revenue of the manufacturing of machinery and equipment in Vietnam reached USD 5.5 billion in 2024, marking the highest level in 5 years.
FDI manufacturer of machinery and equipment in Vietnam

19Jun2026

B&Company

Latest News & Report / Vietnam Briefing

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B&Company-Vietnam industry reports

B&Company is the first Japanese company specializing in market research and investment consulting in Vietnam since 2008.

In this section “Vietnam Briefing”, young researchers of B&Company will provide timely information of Vietnam’s industrial trends, consumer trends, and social movements.

This article is written in English and automatic translation is used for other language versions. Please refer to the English version for accurate content. Although we strive to ensure the accuracy of the original information, please check separately for each information. Interpretations and future prospects are the personal opinions of each researcher.

For the full infographic, refer here FDI manufacturer of machinery and equipment_ENG

During the 2020–2024 period, Japan ranked first in both the number of enterprises and revenue. In 2024, there were 96 Japanese enterprises, generating USD 1.9 billion in revenue and accounting for 35% of the industry revenue.

Number of FDI manufacturer of machinery and equipment by country

Total industry revenue reached USD 5.5 billion in 2024, up around 14% from USD 4.8 billion in 2023, marking the highest level in five years.

Revenue of FDI manufacturer of machinery and equipment by country

Meanwhile, in terms of revenue per enterprise, Singapore held the top position throughout the five-year period, reaching 77 million USD/company in 2024, far ahead of second-ranked Japan at 20 million USD/company.

Revenue of FDI manufacturer of machinery and equipment per company

Read more

Vietnam manufacturing outlook: Key data, Policy insights, and Major players

Computer & Electronics Manufacturing in Vietnam: Overview of companies and Foreign Investment trends

 

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B&Company

The first Japanese company specializing in market research in Vietnam since 2008. We provide a wide range of services including industry reports, industry interviews, consumer surveys, business matching. Additionally, we have recently developed a database of over 1,000,000 companies in Vietnam, which can be used to search for partners and analyze the market.

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