Vietnamese sap and lacquerware have a splendid history. In order to promote a sustainable Vietnamese lacquer value chain, this review was carried out for us to investigate at site Vietnamese lacquer cultivation and processing of lacquer sap, then introduce the chemical components, HPLC-MS characteristic, properity and polymerization mechanism, as well as processing techniques of Vietnamese lacquer sap. Combined with the experience of lacquer cultivation and processing of Chinese lacquer, key problems to restrict the development of lacquer value chain were analyzed in Vietnam, and some suggestions would also be proposed in this investigation.