Mobile phone industry leads export growth
(VOV) - Vietnam’s telephone and component exports in the five months leading up to June jumped 18.5% on-year to US$11.8 billion, according to latest statistics from the General Department of Vietnam Customs.
The sector was the largest revenue generator for the nation followed by the garment and textile sector at a distant US$8.11 billion.
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Major importers included the EU, United Arab Emirates and US.
The export growth is principally attributed to foreign invested multinational groups like Samsung, LG and Microsoft who have shifted their production facilities to Vietnam.