Vietnam’s demand for automobile parts is racing ahead, with import spending in the first nine months of 2025 surpassing US$4.1 billion, a rise of more than 16% compared with the same period last year, according to the Department of Customs.

VOV.VN -China spent nearly US$15.5 billion on importing phones and components from Vietnam last year, a drop of nearly US$1.5 billion from the previous year, according to the General Department of Vietnam Customs.

VOV.VN -More than 100 leading suppliers of electronic components and smart manufacturing solutions from Vietnam, China, Japan, and the Republic of Korea are taking part in the 2024 Global Electronics Intelligent Manufacturing Show (GEIMS Vietnam 2024) in Hanoi.

As an investment attraction of numerous leading technology corporations, Vietnam sees many opportunities to attract foreign direct investment (FDI) into electronic components manufacturing.

VOV.VN - Vietnamese phone and component exports to India during the past seven months of the year reached US$1.15 billion, representing a sharp rise of 102% on-year, according to data released by the General Department of Vietnam Customs.

VOV.VN - With a fall of 14% in export value recorded during the first four months of the year, Vietnamese phones and components have lost their position as the number one export group to the Chinese market.

VOV.VN - Vietnam earned US$18.4 billion from exporting phones and components during the first four months of the year, up 6.6% year on year.

VOV.VN - There were 4 products with export turnover of US$5 billion during the first two months of this year, including phones and components at US$9.58 billion; computers, electronics and components at US$9.55 billion; other machinery, equipment, tools and spare parts at US$6.82 billion, and textiles and garments at US$5.23 billion.

VOV.VN - Phone and components recorded the largest export value of US$282.8 million during the first days of Lunar New Year, known locally as Tet, according to statistics compiled by the General Department of Vietnam Customs.

The KP Aero Industries Co.Ltd from the Republic of Korea on January 30 held a ground-breaking ceremony to start the construction of its KP Vina Aircraft Component factory with an investment of US$20 million at Da Nang Hi-Tech Park in Hoa Vang district, the central city of Da Nang.