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Vietnam’s exports of computers and phones rise 10% in August

Vietnam’s two major export commodities – computers, electric devices and component, and phones and components – saw an improvement in August.
Vietnam’s exports of computers and phones rise 10% in August ảnh 1 Mobile phones assembly at Samsung High-Tech Complex in Yen Binh industrial park, Thai Nguyen province. (Photo: VNA)
Hanoi (VNS/VNA) – Vietnam’s two major exportcommodities – computers, electric devices and component, and phones andcomponents – saw an improvement in August.

The export turnover of computers, electric devices, and components reachednearly 5.3 billion USD, up 4.4% compared to the previous month. Simultaneously,the category of phones and components exhibited a stronger growth, surging by15.7% to $5.15 billion.

Collectively, these two product groups contributed a substantial 10.43 billion USDto Vietnam’s exports in August, representing 9.7% increase on a month-to-monthbasis. They accounted for 31.8% of the total export value in August.

Additionally, five other product groups reported export valuesexceeding 1 billion USD each. These included machinery, equipment, tools andspare parts, which increased by 2.4% to 3.6 billion USD; garment and textiles,rising by 5.5% to 3.5 billion USD; wood and wood products, with an impressive15.1% growth to 1.3 billion USD; and transport vehicles and spare parts, whichsaw a 5.7% increase to 1.2 billion USD. The sole exception was footwear, whichexperienced a 4% decrease month-on-month, with an export value of 1.7 billionUSD.

In August, Vietnam’s total export turnover amounted to 32.8billion USD, reflecting a notable 9% increase compared to the previous month,lifting the eight-month value to 228 billion USD, down 9.8% year-on-year./.
VNA
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