Additive manufacturing, also known as 3D printing, is rapidly gaining popularity in Vietnam and reshaping the manufacturing landscape. This innovative technology allows for the layer-by-layer printing of components, products, or parts using liquid raw materials. Its applications span across industries, from manufacturing to research and development and personal use.
In Southeast Asia, additive manufacturing is still relatively small, accounting for only 5-7 percent of the $3.8 billion invested in Asia in 2019. However, the region holds tremendous potential. By 2025, it is projected to generate $100 billion in incremental value, contributing 1.5-3 percent to the region’s real GDP. Additionally, additive manufacturing can reduce import dependence by up to 2 percent, reducing reliance on China.
The HCMC University of Technology facilitates additive manufacturing development through workshops and academic research.
Vietnam, as a manufacturing hub, is experiencing the impact of additive manufacturing. While automation may lead to job losses, it also presents opportunities for Vietnam to become a leader in designing and manufacturing additive manufacturing equipment. Currently, the automotive, consumer goods, and electronics sectors in Vietnam are seeing the most significant applications of 3D printing technology. Foreign firms with manufacturing operations in Vietnam often import their own 3D printing equipment, but the country is also developing its own additive manufacturing products and services.
To promote and educate businesses about additive manufacturing, Vietnam has implemented various initiatives and events. The annual 3D Print Fiesta in Binh Duong showcases additive manufacturing machines and 3D printers. The Saigon Hi-Tech Park Incubation Center supports domestic startups in developing additive manufacturing products and services. The HCMC University of Technology facilitates additive manufacturing development through workshops and academic research.
Vietnam has also seen the rise of local companies offering additive manufacturing services. Meetech, founded in 2014 and based in Ho Chi Minh City, provides 3D printing consulting, design, printing services, and equipment. 3D Maker, established in 2014, focuses on additive manufacturing research, production, and commercialization of 3D printers. Scantech Vietnam, operating since 2012 in Hanoi, offers 3D printing equipment and services, 3D scanning, and software.
Vietnam’s embrace of additive manufacturing aligns with its goal of becoming a high-tech manufacturer of globally in-demand goods. As labor costs rise and tax incentives evolve, additive manufacturing presents an effective solution. There is a growing demand for 3D printing machinery and equipment among domestic firms, creating opportunities for international manufacturers in Vietnam’s emerging market.
Through policies and initiatives like the National Digital Transformation Programme, the National Innovation Center, and the National Technology Innovation Fund, Vietnam is committed to supporting businesses and fostering a digital transformation in its economy.
In summary, additive manufacturing is rapidly evolving in Vietnam, with potential to revolutionize the manufacturing industry. As the country embraces this technology, it opens doors for economic growth, innovation, and global competitiveness.
