The VinSmart electronic equipment complex boasts a capacity of up to 23 million products per year, and is testing and manufacturing made-in-Vietnam 5G smartphones.
Vietnamese mobile phone producers have begun efforts to make inroads into global markets when they have made debut several types of their products in other countries recently.
Vinsmart, a member of the property and retail conglomerate Vingroup JSC, and the leading Spanish technology firm BQ recently signed a strategic partnership agreement to promote the production of smartphones branded Vsmart in accordance with international standards.