Vietnam’s trade reached 83.1 billion USD in August, up 0.9% from July. In the first eight months, turnover amounted to nearly 598 billion USD, with computers, electronics and phones together accounting for about one-third of total exports and imports
Electronics export has witnessed vigorous recovery, posting double-digit growth over seven and a half months and expected to hit 130 - 132 billion USD in 2024.
In the first 11 months of 2023, seven commodities of Vietnam posted export value of over 10 billion USD, accounting for over 60% of the country's total export turnover.
The electronics sector accounts for 17.8% of Vietnam’s industry, placing the nation among the world’s top 15 largest exporters of this kind of product.
Vietnam hopes to boost its exports of computers, electronic products and components to the UK in the near future after it has gained success in shipping this group of goods to many other overseas markets.
Exports of computers, electronic products and components hit 50.82 billion USD last year, putting it in second position in the group of key export products.
FPT Group in coordination with the Hope Fund on October 20 presented 467 tablets and 50 computers to students with difficult circumstances in the Mekong delta city of Can Tho to support them in online learning activities.
Vietnam’s exports to Indonesia earned the country 2.51 billion USD in the first eight months of 2021, a surge of 44.2 percent year on year despite complicated developments of COVID-19.
In response to the “Telecommunications services and computers for children” programme launched by the Prime Minister Pham Minh Chinh, Vietnam Internet Network Information Centre (VNNIC) have presented gifts including smartphones and 4G Mobifone SIM cards for disadvantaged students at Dich Vong Secondary School in Hanoi’s Cau Giay district.
Vietnam Electricity (EVN) has donated 24,000 computers worth 60 billion VND (2.62 million USD) to the programme “Song va may tinh cho em” (Internet connection and computers for children) which was launched on September 12 to provide computers and telecom services for students and pupils with difficult circumstances.
Prime Minister Pham Minh Chinh on September 12 launched a programme to provide computers and telecommunications services for students and pupils with difficult circumstances, especially those living in areas hit by the COVID-19 pandemic.
Computers, electronics and spare parts have surpassed garment to become the second largest currency earner in first four months of this year, according to the General Statistics Office.
Mobile phones and spare parts continued leading the group of seven top hard currency earners that recorded over one billion USD in export turnover in the first two months of 2020.
Vietnam posted a total export value of 169.98 billion USD in the first eight months of this year. Of the export staples, five commodities registered an export value of over 10 billion USD.
Two-way trade between Vietnam and India experienced a year-on-year rise of 40 percent to reach 10.69 billion USD in 2018, according to statistics released by the General Department of Vietnam Customs.
Vietnam’s exports have become more sophisticated with an impressive diversification of exports and increases in higher-value manufacturing exports, according to a recent World Bank (WB) report.
