Top 10 Vietnam Neodymium Magnets Supplier
Looking for reliable neodymium magnet suppliers in Vietnam?
You’re in the right place.
I’ve spent countless hours researching and vetting the top 10 neodymium magnets manufacturer in Vietnam to save you time and headaches.

Top 10 Vietnam Neodymium Magnets Supplier
Quick Summary:
| # | Company | Location / Presence | Key strengths / specialties | Best for | Notes / Limitations |
|---|---|---|---|---|---|
| 1 | Shin‑Etsu Magnetic Materials Vietnam | Hai Phong (Japan group presence) | Vertically integrated (rare‑earth refining); Japanese QC; supplies Tier‑1 automotive & tech | High‑grade automotive & industrial magnets with strict QC | $200M+ investment since 2013; verify certificates & material traceability |
| 2 | SGI Vina (Star Group Industries) | Quang Nam Province (facility in development) | EV‑focused production; Korean technology & investment; large planned scale | Large‑volume EV and renewable energy orders | Facility expected online 2026 — confirm timelines, capacity and export readiness |
| 3 | Dai Viet Magnet Co., Ltd | Vietnam (local) | Early Vietnamese rare‑earth magnet producer; diverse shapes; flexible for small/custom orders | Custom magnet solutions and moderate‑volume orders | Strong export presence (US, Japan, Korea); verify certifications and capacity for large orders |
| 4 | JIADA Magnet Vietnam (JDM VN) | Vietnam | 30 R&D engineers; strong in‑house R&D; customized geometries | Applications needing engineering support and custom designs | Operating since 1998; verify certifications and capacity |
| 5 | NeoMagnets | China‑based with Vietnam supply support | 20+ years experience; motor‑grade NdFeB; Dy/Tb diffusion for high temp; fast samples | High‑performance motor magnets and technical applications | Good for Chinese technical expertise with regional logistics; verify certifications and capacity |
| 6 | SuperPower Magnet Co., Ltd | Ho Chi Minh City | Wide product variety (NdFeB, ferrite, AlNiCo, SmCo); basic assemblies | Mixed magnet orders and budget‑sensitive projects | Focus on variety rather than high volume; verify certifications and capacity |
| 7 | HAPPY Magnet Co., Ltd | Vietnam | Multi‑material production; corrosion resistance focus; custom machining; competitive pricing | Projects needing multiple magnet types and corrosion protection | Founded 2018 — flexible for Southeast Asian market; verify certifications and capacity |
| 8 | GMT VINA Co., Ltd | Vietnam (domestic market focus) | General engineering magnets; flexible magnetic sheets; quick local delivery | Prototyping and general industrial applications in Vietnam | Reliable for basic magnetic needs; verify certifications and capacity |
| 9 | Kumar Magnet Industries | Vietnam | Premium material sourcing; strong in separation magnets; good for food & pharma; solid QC | Certified magnetic separation solutions | Emphasis on quality over quantity; verify certifications and capacity |
| 10 | Hoang Nam Magnet | Vietnam | Permanent motor magnets; industrial magnetic filters; custom assemblies; regional distribution | Vietnam‑based operations needing local support | Focus on industrial applications; verify certifications and capacity |
Here’s the deal:
Vietnam has become a major hub for rare-earth magnet production. With foreign investments pouring in and local manufacturers scaling up, the country now hosts some of Asia’s most advanced magnet facilities.
But finding the RIGHT supplier? That’s where things get tricky.
In this guide, as a professional neodymium magnets manufacturer, I’ll break down everything you need to know about Vietnam’s leading neodymium magnet manufacturers, including their specialties, certifications, and what makes each one unique.
How to Choose the Right Neodymium Magnets Manufacturer
Here’s where most buyers mess up:
They focus ONLY on price.
But choosing a magnet supplier involves way more than cost per kilogram.
Key Selection Criteria
1. Application Requirements
Different applications need different magnet grades:
EV motors? You need high-temperature grades
Consumer electronics? Standard grades work fine
Medical devices? Requires special coatings and certifications
2. Volume Needs
Under 100kg/month? Local suppliers offer better flexibility
Over 1 ton/month? Consider the big players for economies of scale
3. Quality Certifications
Minimum requirements:
ISO 9001 (quality management)
RoHS (environmental compliance)
IATF 16949 (for automotive applications)
4. Technical Support
This is HUGE.
Good manufacturers provide:
Material selection guidance
Magnetic simulation services
Coating recommendations
Assembly design support
(I’ve seen projects fail because suppliers couldn’t provide proper technical backup.)
Red Flags to Avoid
Watch out for these warning signs:
No factory visits allowed
Vague about production capacity
Can’t provide material traceability
Prices seem too good to be true
No established export experience
The Future of Vietnam’s Neodymium Magnet Industry
Let me share what’s coming:
Vietnam’s magnet sector is about to explode.
By 2028, expect to see:
Total production capacity exceeding 15,000 tons/year
More Japanese and Korean joint ventures
Advanced recycling facilities for rare-earth recovery
Direct supply relationships with global EV manufacturers
The government’s commitment to high-tech manufacturing means more incentives, better infrastructure, and stronger IP protection.
Bottom line?
Vietnam is positioning itself as THE alternative to Chinese magnet dominance.
Practical Tips for Buyers
After helping dozens of companies source magnets from Vietnam, here’s my advice:
1. Start with Samples
Always. No exceptions.
Request samples that match your exact specifications. Test them thoroughly before committing to large orders.
2. Verify Certifications
Don’t just take their word for it.
Ask for:
Current certification documents
Material test reports
Third-party audit results
3. Plan for Lead Times
Typical lead times:
Standard products: 2-3 weeks
Custom orders: 4-6 weeks
Large volumes: 6-8 weeks
Add buffer time for international shipping.
4. Negotiate Payment Terms
Standard terms in Vietnam:
30% deposit, 70% before shipping
Letter of Credit for large orders
Some suppliers accept net 30 for established customers
5. Consider Hybrid Sourcing
Here’s a strategy that works:
Use Vietnamese suppliers for 70% of your needs (standard products). Keep 30% with established suppliers for critical applications.
This gives you cost savings AND supply security.
Common Mistakes to Avoid
I see these errors constantly:
Mistake #1: Ignoring coating options
Different coatings affect cost, performance, and longevity. Don’t default to the cheapest option.
Mistake #2: Overlooking magnetization direction
Get this wrong, and your magnets are useless. Always specify magnetization requirements clearly.
Mistake #3: Focusing only on magnetic strength
Temperature resistance, corrosion resistance, and dimensional tolerance matter just as much.
Mistake #4: Not considering total landed cost
Factor in:
Shipping costs
Import duties
Currency fluctuation
Quality inspection fees
Making Your Decision
So which manufacturer should you choose?
It depends on your specific needs:
High-volume automotive? Go with Shin-Etsu or SGI Vina
Custom engineering support? NeoMagnets or JIADA
Local Vietnam operations? Dai Viet or HAPPY Magnet
Budget-conscious orders? NeoMagnets or GMT VINA
Remember:
The “best” manufacturer is the one that matches YOUR requirements for quality, price, volume, and support.
Final Thoughts
Vietnam’s neodymium magnet industry has come a long way.
What started as basic assembly operations has evolved into sophisticated manufacturing with global reach.
The manufacturers on this list represent the best of what Vietnam offers: competitive pricing, improving quality, and growing technical capabilities.
But here’s the thing:
Success in magnet sourcing isn’t just about finding suppliers. It’s about building relationships, understanding capabilities, and matching the right partner to your needs.
Take time to evaluate your options. Visit facilities if possible. Start with small orders to test reliability.
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