World

Malaysia remains 9th largest global exporter of high-tech products

Malaysia’s high-tech exports increased by 2 billion USD to reach 127 billion USD in 2023. He said high-tech exports comprised 58.69% of total manufacturing exports in 2023, up from 52.48% recorded in 2022.

Kuala Lumpur (VNA) - Malaysia successfully maintained its position as the ninth-largest exporter of high-tech goods out of 143 countries worldwide in 2023, the highest recognition it has achieved in the past decade, the country’s national news agency Bernama has reported.

At the launch of the Malaysia High Technology Performance Report 2023, Datuk Seri Hasnol Zam Zam Ahmad, secretary-general of the Malaysian Ministry of Science, Technology and Innovation (MOSTI), said that Malaysia’s high-tech exports increased by 2 billion USD to reach 127 billion USD in 2023. He said high-tech exports comprised 58.69% of total manufacturing exports in 2023, up from 52.48% recorded in 2022.

He also noted that the country recorded its highest trade surplus in a decade, totalling 51.5 billion USD.

Measuring the value of Malaysia’s high-tech exports is not an easy task, he said. First and foremost, the definition of ‘high technology’ must comply with international standards, including those set by the Organisation for Economic Cooperation and Development (OECD) and the World Bank.

Hasnol Zam Zam emphasised MOSTI’s commitment to expanding and strengthening the national innovation ecosystem to ensure sustained competitiveness across all development sectors, especially in high technology.

In addition, he mentioned that several international institutions also use high-tech export indicators as a key measure to assess a country’s competitiveness and innovation capacity./.

VNA
#Malaysia #high-tech goods #ninth-largest exporter #Malaysia High Technology Performance Report 2023 Malaysia
Follow VietnamPlus

Related News

Kaspersky’s general manager for Southeast Asia Yeo Siang Tiong (Photo: Bernama)

Malaysia unveils cybersecurity strategy 2025–2030

Kaspersky’s general manager for Southeast Asia Yeo Siang Tiong said the strategies have been carefully designed to strengthen the nation’s cyber defence system and underscore the country’s firm commitment to building a secure and trustworthy cyberspace.

Minister Datuk Fahmi Fadzil (Photo: The Edge)

Malaysia develops space technology

Malaysia is ramping up efforts to develop its space technology, with a particular emphasis on the deployment of Low Earth Orbit (LEO) satellites.

See more

A screenshot of the article.

Latin American media analyses Vietnam’s new era of national rise

The article, entitled "La era del ascenso del pueblo vietnamita" (The era of Vietnam’s rise), highlighted the transformative influence of the August Revolution in 1945, which ushered in a new chapter in Vietnamese history with the people taking charge of their destiny for the first time.

SMB II Airport in Palembang, Indonesia. (Photo: tempo.co)

Three more Indonesian airports meet international standards

Previously, in April 2024, Indonesia issued a decree to reduce the number of international airports from 34 to 17. This move aimed to optimise aviation operations, focus resources on airports with high international traffic and improve service quality.

A screenshot of an article by Infobae.

Argentinean media highlights Vietnam’s message of reconciliation, peace

The article cited Vietnamese Party General Secretary To Lam’s speech delivered at the event, as saying: “With the policy of closing the past, respecting differences, looking towards the future, our entire Party, people and army together strive to build a peaceful, unified, happy, prosperous and developed Vietnam.”

Vietnam after 50 years of reunification (Photo: VNA)

Indonesian paper spotlights Vietnam’s development journey

Dramatic changes have taken place in Vietnam since economic reforms were enacted in 1986. The country’s economic development through the ‘Doi Moi’ (Renewal) received praise from the world and showed that the country entered a period of integration, a turning point of growth after 1986.

Higher admission prices for foreigners at countless attractions across Thailand are a longtime complaint. (Photo: bangkokpost.com)

Thailand pledges to address foreign tourists’ complaints

Sorawong said that every case involving foreign tourists will now be reported directly from the police to him. Tourists can submit requests for assistance via the Thailand Tourist Police application, and a tourist assistance centre has been established in every province to support visitors.

The article on Mundo Obrero (Photo: Screenshot)

Communist Party of Spain’s periodical highlights Vietnam’s historic milestones, achievements

The April 30, 1975 victory was noted as a defining moment that ended decades of struggle against foreign aggression and oppression. The reunification of Vietnam not only reshaped the geopolitical landscape of Southeast Asia but also inspired anti-colonial movements worldwide. However, the article acknowledged the immense cost of war: millions of lives lost, widespread destruction from chemical defoliants like Agent Orange, and an economy fractured by decades of conflict.

The article entitled “Vietnam es un ejemplo para los revolucionarios y para los pueblos del mundo" (Vietnam is an example for revolutionaries and peoples around the world), on Granma. (Photo: VNA)

Vietnam in the hearts of Cuban friends

The daily Juventud Rebelde (Rebel Youth) - a newspaper of the Young Communist League - described Vietnam’s victory on April 30, 1975 as a “brilliant epic” and highlighted “President Ho Chi Minh affirmed that ‘Vietnam is one, the Vietnamese people are one’ – and that day, that aspiration came true.”

The article on Voces Del Periodista (Source: Screenshot)

Mexican media praise Vietnam's victory on April 30, 1975

Highlighting Vietnam’s development journey, Voces Del Periodista, representing a network of 45,000 professional journalists, noted that five decades since reunification and nearly 40 years into the Doi Moi (Renewal) reforms, Vietnam has entered a new stage of progress – an era defined by national aspiration and global ambition.