The shortage of electronic chips is causing difficulties for businesses and electronics manufacturers as chipsets are used in most electronic products and technological devices.

The scarcity of chip supply that began in late 2020 has affected most manufacturing industries.

Vietnamese supporting industry enterprises for the electronics industry participate in the value chain, however, most of them only provide simple products with low technology and value.

VOV.VN - The northern province of Bac Ninh, a coronavirus hotspot close to Hanoi capital, announced on May 14 it has recorded 21 new cases during the past hours, raising the 10-day infection number in the locality to 162.

Samsung Electronics Vietnam is seeking support from the Vietnamese Government to enter into a direct power purchase agreement (DPPA) scheme that will enable it to directly purchase renewable energy from producers.

The United States’ Spartronics LLC, an electronics manufacturer with a focus on the aerospace and medical industries, has broken ground on a factory in Binh Duong Province which will be put into operation in March 2022.

VOV.VN - Vietnam’s imports during the first 15 days of April recorded a sharp increase, with the country racking up a trade deficit of up to US$1.31 billion, according to data revealed by the General Department of Vietnam Customs.

VOV.VN - Vietnam’s electronics exports have enjoyed robust growth in recent times, with foreign firms holding 95% of Vietnamese electronics export value, according to figures released by the Ministry of Industry and Trade.

The COVID-19 pandemic is significantly changing the landscape of the consumer credit market as consumers tend to tighten their budget and pay more attention to healthcare, environment and lifestyle as well as switching to online shopping.

VOV.VN - A representative of LG Electronics Vietnam has hit back at rumours that it would sell its Hai Phong plant, and said the plant operates normally except for the smartphone line.