Vietnam grosses 29.17 billion USD from phone and component exports
Vietnam raked in 29.17 billion USD from phone and component exports during the first half of the year, representing a rise of 16.4% on-year, according to the General Department of Vietnam Customs.
Vietnam rakes in 29.17 billion USD from phone and component exports during the first half of the year. (Photo: VOV)
Hanoi (VNA) - Vietnam raked in 29.17 billion USD from phone andcomponent exports during the first half of the year, representing a rise of16.4% on-year, according to the General Department of Vietnam Customs.
The major importers of these products include China, the United States, the EU,and the Republic of Korea (RoK), Radio the Voice of Vietnam (VOV) cited thesource.
Most notably, the country’s export turnover of phones and components to the US,China, and the RoK surged by 53.7%, 16.6%, and 29.8% to 6.61 billion USD, 6.45billion USD, and 2.78 billion USD, respectively, in comparison to last year’scorresponding period. In contrast, export turnover for these items to the EU marketfell by 7.7% to 3.2 billion USD.
Computers, electronic products and component exports in June saw an increase of6.5% to 5.17 billion USD over the previous month, duly bringing the exportvalue of the commodity group in the initial two quarters of the year to 27.68billion USD, up 15.6% against the same period from last year.
During the six-month period, exports of computers, electronic products andcomponents to the US, China, the EU, and Hong Kong (China) inched up by 26.9%,12.1%, 18.5%, and 1.3% to 7.32 billion USD, 5.89 billion USD, 3.73 billion USD,and 2.88 billion USD, respectively.
Meanwhile, the country earned only 1.79 billion USD from exports of thisproduct to the RoK market throughout the reviewed period, marking a year-on-yeardrop of 5.1%./.
An investment licence has been granted to the US company Vector Fabrication Inc. for a Micro-Electro-Mechanical Systems (MEMS) and printed circuit board (PCB) factory with an investment of 60 million USD in the central city’s high-tech park after a one-year survey of locations in central Vietnam.
The management board of the Saigon Hi-Tech Park (SHTP) granted certificates to three projects to increase their investment by more than 848.74 million USD in total at an investment conference for the park on June 27.
The Vietnam Chamber of Commerce and Industry (VCCI) and the International Labour Organisation (ILO) organised the forum “Decent work and the future of Vietnam’s Electronics Supply Chains” in Hanoi on July 15, involving Government agencies and industry partners.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
Vietnam rakes in 29.17 billion USD from phone and component exports during the first half of the year. (Photo: VOV) 
