VOV.VN - Vietnam is one of the world’s 10 leading exporters of electronic products, ranking second for smartphones and ninth for software outsourcing.
The electronics industry will continue posting strong growth this year thanks to the strong demand for devices for communications and remote work amid the COVID-19 pandemic, the Ministry of Industry and Trade (MoIT) forecast.
Vietnam’s electronics industry, an increasingly important sector of the country’s economy, continues to grow despite the negative impact of the COVID-19 pandemic, according to the Ministry of Industry and Trade (MoIT).
Vietnam’s exports to Indonesia earned the country US$2.51 billion in the first eight months of 2021, a surge of 44.2% year on year despite complicated developments of COVID-19.
VOV.VN - The nation exported goods worth US$2.96 billion to Taiwan (China) during the eight months of the year, representing an annual decline of 2.3%, according to statistics released by the General Department of Vietnam Customs.
Exports of electronic products and components may reach US$50 billion in value in 2021, a year-on-year rise of 13.5%, according to the Import-Export Department under the Ministry of Industry and Trade (MoIT).
VOV.VN - Vietnamese export turnover to the United States is anticipated to surpass the US$96 billion mark this year as the trade surplus reaches highs of US$81 billion, according to industry insiders.
VOV.VN - Vietnam racked up a trade deficit of US$2.5 billion during the first seven months of the year, according to the General Department of Vietnam Customs.
Total revenue of the information and communications technology (ICT) sector is estimated at nearly US$65 billion in the first half of 2021, up 22% year-on-year, according to the Ministry of Information and Communication.
The shortage of electronic chips is causing difficulties for businesses and electronics manufacturers as chipsets are used in most electronic products and technological devices.