Under the plan, the industry is expected to create 300,000 more jobs nationwide by 2010, according to the Vietnam Electronics Industries Association (VEIA).  

In a bid to reach these targets, Vietnam will begin turning out more lucrative electronic items, including finished products, components, and spare parts used in informatics, telecommunications, medical and industrial equipment, measurement and automation.

The household electronics area will enhance its competitive edge by raising product quality while cutting production costs to reduce sale prices, VEIA says.

The electronics sector is set to earn US$3 billion in export turnover this year, a 22.7 percent increase over last year’s US$2.2 billion, with 95 percent of products produced by foreign-invested enterprises.