The types of importing companies are diverse, including construction and building materials companies, shipbuilding, transportation and industrial equipment manufacturers, electronics and power companies, composite material processors, trading companies and distributors etc. This guide features the top 10 importing companies, including company profiles, contact information, and important information such as import volume, value, price, import resources, and major suppliers for 2023-2026 (including Excel data source).
The publication of the "Vietnam Glass Fiber and Products Import Guide 2023-2026" aims to provide glass fiber and products exporters with precise customer acquisition channels, helping them expand into the Vietnamese market more efficiently. It also provides valuable decision-making insights for international trading companies and investment institutions, helping them optimize their regional supply chain strategies. This guide will help suppliers stay abreast of Vietnamese market trends, mitigate potential risks, and enhance their international competitiveness.
Industry Overview
Glass fiber, as a lightweight, high-strength, corrosion-resistant, and highly insulating material, is widely used in building insulation, fireproof boards, roofing tiles, pipe reinforcement, automotive and motorcycle parts, ship decks, wind turbine blades, and electronic insulation.Vietnam's fiberglass and related products industry has experienced steady growth in recent years, primarily driven by rapid increases in demand from downstream sectors such as construction, transportation, industrial equipment, electronics, and composite materials processing.
With Vietnam's accelerated urbanization, significant infrastructure development, and expansion of high-value-added consumer goods manufacturing, the demand for fiberglass and its products is showing a trend towards diversification and high-end products.
Vietnam's domestic production capacity remains limited, mainly concentrated in low- to mid-range fiberglass yarns, fabrics, mats, and some general-purpose reinforcing materials. High-performance fiberglass cloth, prepreg, and high-temperature resistant or special-functional fiberglass products still heavily rely on imports.
Vietnam's glass fiber and its products industry is in a phase of rapid development, but the integrity of the industrial chain still needs improvement. Local production capacity has a certain foundation in standardized, low-cost materials, but there are still shortcomings in technology and equipment in the areas of high-performance, high-value-added, and functional glass fibers, making it difficult to meet the growing demand from the local high-end market.
Import Market Overview
Vietnam's market demand for imported glass fiber and its products is growing, and its import dependence is relatively high.According to analysis, Vietnam's import market for glass fiber and its products has shown steady growth in recent years, mainly driven by multiple demands from the construction, transportation, composite materials manufacturing, and electronics and power industries. However, due to limited domestic production capacity, there is a significant weakness in high-performance glass fiber cloth and high-temperature resistant or special-functional glass fiber products. Most high-value-added materials rely on imports to meet the needs of industrial production and high-end applications.
Vietnam's imports of glass fiber and products continue to increase. China is the largest source of imports.
According to statistics, approximately 2500 importers in Vietnam imported glass fiber and products in 2024, totaling US$ 197 million, an increase of 38.6% year-on-year. According to analysis, Vietnam‘s total imports of glass fiber and products reached US$ 157 million from January to October 2025. China, Japan and South Korea are Vietnam’s top three sources of imports, accounting for approximately 71.5%、6.7% and 6.5% of total imports respectively from January to October 2025.
Overview of Foreign Investment in Vietnam's Glass Fiber and Products Industry
Investment Background
With the acceleration of urbanization, infrastructure construction, and industrial upgrading, the market demand for high-performance fiberglass cloth, high-temperature resistant materials, and special functional materials has increased significantly. However, local enterprises mainly produce low- to mid-range products, making it difficult to meet the needs of technologically complex or high-value-added applications. This supply-demand gap provides foreign companies with the opportunity to establish production, processing, or distribution bases in Vietnam, directly serving local industrial customers and participating in the regional supply chain.Investment Advantages
- Political stability and rapid economic development. The Vietnamese government has strong governing capabilities, consistent policies, and a focus on economic development and improving people's livelihoods.
- Relatively low labor costs.
- Strategically located in the eastern part of the Indochina Peninsula, with a 3,260-kilometer coastline and numerous ports, transportation is convenient.
- Relatively relaxed policies and regulations provide foreign investors with comprehensive legal protections and generous preferential policies.
- Vietnam has a high level of openness to the outside world, with 19 free trade agreements signed or in progress. Investors can use platforms such as RCEP and the China-ASEAN Free Trade Area to explore a broader international market.
Investment Regulations
Vietnam maintains an open attitude towards foreign investment in the glass products and composite materials sector, allowing 100% foreign ownership in production enterprises. According to the Investment Law and the Policy on Supporting Industrial Development, glass fiber and its products fall under the category of supported industries. Foreign-invested projects can enjoy various policy support measures, including corporate income tax reductions and exemptions, import equipment tax exemptions, and preferential land rents.Guide Highlights:
- Comprehensive Coverage:
- Detailed Information:
- Product Focus:
- Efficient Connectivity:
- Wide Range of Applications:
- Market Value:
Table of Contents
Companies Mentioned
- Ri Jie Power Technology Company Limited
- Sinoma Membrane Material Vietnam Company Limited
- Seojin Auto Company Limited
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.

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