Vietnam – Transportation Equipment Manufacturing (VSIC 30): 2024 Snapshot

Executive Summary Vietnam’s Transportation Equipment Manufacturing sector (VSIC 30) represents a specialized yet strategically important segment within the country’s broader industrial ecosystem, covering shipbuilding, rail equipment, aerospace-related manufacturing, and other non-automotive transport equipment. Between 2022 and 2024, the sector experienced moderate contraction in revenue alongside improving operating efficiency, reflecting a transition from project-driven volatility toward […]