Vietnam smart card import research report 2025-2034, with profiles of paxar china, smartrac technology malaysia, sae-a, avery dennison ris vietnam, maxim label & packaging vietnam and r-pac

Dublin, jan. 29, 2025 (globe newswire) -- the "vietnam smart card import research report 2025-2034" report has been added to researchandmarkets.com's offering. the global smart card market is highly competitive. the world's major smart card manufacturers include gemalto (now part of thales group), idemia, giesecke+devrient, infineon, nxp, stmicroelectronics and other companies. vietnam's smart card industry started late and is highly dependent on imported products. vietnam's smart card industry mainly imports high-performance smart card chips and packaging equipment, and exports are mostly low-end card products. vietnam's smart card industry currently has a small market size, but thanks to the expansion of southeast asia's electronics manufacturing industry and the vietnamese government's promotion of the digital economy and electronic payments, vietnam's smart card market is growing rapidly and is gradually developing and integrating into the global supply chain. vietnam's smart card imports totaled us$220 million in 2023. from january to october 2024, vietnam's cumulative smart card imports amounted to approximately us$2.4 billion, an increase of approximately 40% over the same period in 2023. vietnam's smart card market is expanding rapidly and is expected to maintain a relatively fast growth rate in the next few years.
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