Manufacturing decisions in Southeast Asia are increasingly shaped by energy considerations. For multinational companies, the question is no longer just where to build, but whether a location can deliver reliable electricity while supporting growing decarbonization targets.
Vietnam and Thailand offer contrasting conditions. Vietnam has rapidly expanded its renewable capacity, attracting manufacturers seeking greener supply chains, but continues to face grid constraints and occasional power shortages. Thailand provides more stable electricity and clearer policy frameworks, yet has been slower to scale up renewable energy and corporate procurement options.
RECCESSARY presents the special series “Vietnam vs. Thailand competitiveness,” based on interviews with manufacturers, developers and analysts, examining how companies are navigating these trade-offs, and whether access to clean and reliable power is beginning to shape where the next generation of factories will be built.
