(Photo for illustration: moit.gov.vn)

This information was reported by the Department of Industry under the Ministry of Industry and Trade.

In detail, electronic firms in Vietnam, including domestic and foreign-invested firms, now have been able to manufacture almost all electronic products, such as air conditioners, televisions, washing machines, telephones, printers, so on.

Local electronic products have been diverse in types, colors, and appearance, and displayed good quality, meeting most of the local people’s demands. Notably, some of these products have been exported to many countries in the world.

According to the Ministry of Industry and Trade, Vietnam is the 12th largest electronic exporter worldwide and the third in the ASEAN in 2020. However, 95 percent of the turnover of electronic products is in the hands of foreign-invested enterprises. Therefore, domestic enterprises should make greater breakthroughs in the sector’s development.

Translated by Quynh Oanh