May 23, 2016 | 18:32 (GMT+7)
Exports of mobile phones, spare parts on the rise
Vietnam earned 11.34 billion USD from exports of mobile phones and phone spare parts in the first four months of the year, a year-on-year surge of 22.45 percent...
Vietnam earned 11.34 billion USD from exports of mobile phones and phone spare parts in the first four months of the year, a year-on-year surge of 22.45 percent, according to the Ministry of Trade and Industry.
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Mobile phone production at Samsung Electronics Co., Ltd |
The ministry said that the shipments accounted for 21 percent of Vietnam’s total export revenue.
The United Arab Emirates (UAE) remains the biggest importer of Vietnamese-made mobile phones and components with total export value of 1.54 billion USD, followed by the US with 1.47 billion USD.
Other main importers include the Republic of Korea (809.94 million USD), Germany (600.5 million USD), the UK (637.4 million USD), Austria (621 million USD) and Hong Kong (523.5 million USD).
Mobile phones are mostly produced and exported by Samsung Electronics Co., Ltd and Microsoft Mobile Vietnam.
The RoK company Samsung has poured 15 billion USD into Vietnam, including two production complexes in Bac Ninh and Thai Nguyen provinces. Their products are sold in more than 50 countries and territories worldwide.
Last year, the group exported 200 million cell phones and earned a total revenue of 32.5 billion USD.
Source: VNA