Made-in-Vietnam Xiaomi phones reach regional markets
Xiaomi smartphones made in Vietnam are already available in the Malaysian and Thai markets while Google is considering having its future Pixel phones produced in the country.
Xiaomi 11T smartphones are hi-end handsets from the Chinese brand. Photo courtesy of the company.
Hong Kong-based DBG Holdings, a Xiaomi contract manufacturer, started delivering the Chinese smartphone maker’s first batch of made-in-Vietnam smartphones this June, with the models sold in Vietnam, Malaysia, and Thailand, DBG said.
Xiaomi’s budget device Poco C40 hit the street in Vietnam’s red-hot phone market a week before its global launch on June 16.
In the country, DBG makes Xiaomi smartphones at its factory in Thai Nguyen province. The $80 million, 20-hectare facility is designed with a monthly production capacity of more than 2 million handsets, according to DBG’s website.
Thai Nguyen and Bac Ninh provinces, both neighboring Hanoi, are home to Samsung Vietnam facilities that produce Samsung smartphones. At present, about 60% of Samsung smartphones are made in Vietnam, according to the Korean giant.
In the Vietnamese smartphone market, Xiaomi has become the second-largest supplier for the first time ever with a 20.6% share of total shipments, behind Samsung with 31%, according to a May 2022 report by market research firm Counterpoint Research.
Xiaomi has long desired to expand to Southeast Asia, and its Vietnam production via contract manufacturer DBG is part of the new journey.
Not just Xiaomi is moving to Vietnam. American tech giant Apple moved part of its iPad production from China to the Southeast Asian country this June to avoid Covid-19 lockdowns and disrupted production. Apple assembler BYD, a Chinese company, started a trial run in May in order to begin commercial production of iPads in June at its plant inside Phu Ha Industrial Park in Phu Tho province, which borders Hanoi.
Phu Ha IP officials granted BYD an investment license last December to build a VND6.23 trillion ($268 million) factory. The plant’s designed production capacity is 4.33 million tablets a year, starting in June 2022, according to an announcement on the province’s website.
Google is also mulling over the production of its new Pixel smartphone models at its partner plants in Vietnam to avoid U.S.-China trade tension risks and China's Covid-19 lockdowns.
- Related News
- Read More
Vietnam central bank to add new metrics to oversee banking activity
The State Bank of Vietnam is proposing a set of new prudential metrics to strengthen oversight of banking operations, replacing the traditional loan-to-deposit ratio (LDR) with a broader framework aligned with Basel III standards.
Banking - Fri, May 1, 2026 | 8:00 am GMT+7
From national reunification to aspiration for an integrated development space
In 1975, Vietnam united the country through determination and a shared aspiration for independence. Today, in a very different context, the country faces a new challenge: unifying its market through institutional reform, writes Dr. Nguyen Sy Dung, former deputy head of the Office of the National Assembly - the country's legislature.
Economy - Thu, April 30, 2026 | 10:27 pm GMT+7
Vietjet seeks deeper engagement in Vietnam's aviation infrastructure development
Vietjet, Vietnam’s first private airline, has proposed earlier and broader participation in Vietnam’s airport planning and infrastructure development, as the budget carrier looks to expand its role beyond flight operations into ground services and logistics.
Companies - Thu, April 30, 2026 | 9:42 pm GMT+7
Vietnamese giants kick off 4 mega projects in HCMC
The Ho Chi Minh City People’s Committee on Wednesday held a groundbreaking ceremony for four large-scale projects invested by Vietnamese conglomerates including Vingroup, Sun Group and Truong Hai Group (Thaco).
Economy - Thu, April 30, 2026 | 8:01 pm GMT+7
Vingroup starts work on $2.2 bln int'l university township in southern Vietnam
Vietnam’s conglomerate Vingroup (HoSE: VIC) on Wednesday broke ground on a VND59 trillion ($2.24 billion) international university township in Ho Chi Minh City.
Real Estate - Thu, April 30, 2026 | 12:38 pm GMT+7
Chinese firm Livzon secures control of Vietnam’s pharma giant Imexpharm in $228 mln deal
Lian SGP Holding Pte. Ltd., a Singapore-based entity wholly owned by China’s Livzon Pharmaceutical Group Inc., has acquired a controlling stake in Vietnam’s pharma giant Imexpharm (HoSE: IMP) following a public tender offer.
Companies - Thu, April 30, 2026 | 12:22 pm GMT+7
Sun Group partners with Keppel to drive green transition across tourist places
Vietnam’s leading real estate developer Sun Group has signed a strategic partnership with Keppel EaaS Vietnam, part of Singapore’s Keppel Ltd., to accelerate energy optimization and decarbonization across its tourism destinations.
Real Estate - Thu, April 30, 2026 | 10:42 am GMT+7
'Shark Hung' unexpectedly resigns from real estate brokerage Cen Land ahead of AGM
Pham Thanh Hung, widely known as “Shark Hung”, has stepped down from the board of directors at Century Real Estate JSC (Cen Land) - a major Vietnamese real estate brokerage, citing "personal plans".
Companies - Thu, April 30, 2026 | 10:32 am GMT+7
Japanese FDI in Vietnam: From manufacturing hub to strategic capital flows
Japanese investment in Vietnam is shifting away from a factory-led model toward a long-term ecosystem spanning manufacturing, energy, industrial parks, retail, and banking-financial services.
Economy - Thu, April 30, 2026 | 7:11 am GMT+7
Keppel files arbitration against partners in $1.2 bln southern Vietnam project
Singapore conglomerate Keppel Ltd. has initiated arbitration proceedings against three partners in a $1.2 billion residential and mixed-use urban project in Vietnam’s southern metropolis hub of Ho Chi Minh City.
Real Estate - Wed, April 29, 2026 | 9:54 pm GMT+7
Vietnam to secure 4 mln oil barrels from Japan's Idemitsu
Japanese petroleum giant Idemitsu Kosan will provide Vietnam with about four million barrels of crude oil procured through routes that do not transit the Strait of Hormuz, Nikkei reported on Monday.
Industries - Wed, April 29, 2026 | 4:04 pm GMT+7
Central Vietnam hub Danang approves land lease for $200 mln AI-ready data center project
The Danang People's Committee has approved a land lease to MCB Decenter Co. Ltd. for the AIDC Decenter data center project, covering 10,000 square meters at the Danang Hi-Tech Park in Lien Chieu ward.
Companies - Wed, April 29, 2026 | 3:45 pm GMT+7
Vietnam corporate bond flows concentrate among large corporations
Vietnam’s private corporate bond market has shown signs of recovery in the first four months of 2026, led by real estate issuers, though capital flows remain heavily concentrated among a handful of large corporations.
Finance - Wed, April 29, 2026 | 2:55 pm GMT+7
Previously invested projects will refill cash flow for Vietnam major builder CII’s next growth leg: CEO
Le Quoc Binh, CEO of Ho Chi Minh City Infrastructure Investment JSC (HoSE: CII), likened the company to a marathon runner that cannot keep running nonstop and at times must stop for “water,” recover strength and continue, with that “source of water” coming from property projects the company has already invested in.
Companies - Wed, April 29, 2026 | 1:22 pm GMT+7
Vietnam approves southern industrial hub Dong Nai as seventh centrally-governed city
The National Assembly, Vietnam's legislative body, has approved a resolution to establish Dong Nai as a centrally-governed city, making it the country’s seventh such municipality.
Economy - Wed, April 29, 2026 | 9:46 am GMT+7
Vietnam food giant Kido’s stock plunges to 6-year low amid profit warning, market pressure
KDC shares of Kido Group, a leading food company in Vietnam, on Tuesday fell sharply to its lowest level in six years, at around VND41,600 ($1.58) apiece, from roughly VND50,000 earlier this month.
Companies - Wed, April 29, 2026 | 8:17 am GMT+7
