Vietnam imports 4.91 billion USD worth of mobile phones, components
Vietnam spent 1.1 billion USD importing mobile phones and spare parts in May, up 36.2 percent from the same period last year, according to the Ministry of Industry and Trade (MoIT).
Vietnam mostly imported mobile phones from China and the Republic of Korea in the period. (Photo: cafef.vn)
Hanoi (VNA) - Vietnam spent 1.1 billion USD importingmobile phones and spare parts in May, up 36.2 percent from the same period lastyear, according to the Ministry of Industry and Trade.
In the first five months of the year, the country disbursed 4.91billion USD to import mobile phones and components, a 3.9 percent year-on-yeardecrease.
Earlier, imports of mobile phones and spare parts into Vietnamfell in the first two months of the year and surged in March and April,with increases of 44.6 and 6.5 percent respectively.
Vietnam mostly imported phones from China and the Republicof Korea (RoK) in the period. Of which, imports from China accounted for 54 percentof the country’s total to reach 2.06 billion USD, a drop of 19.7 percent fromthe corresponding period last year.
Meanwhile, mobile phone and spare part imports from the RoKrose by 0.4 percent to 1.5 billion USD in the first five months of 2019.
Vietnam also imported mobile phones from Hong Kong withtotal value of 32.06 million USD, up 25.8 percent from the same period lastyear.-VNA
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Vietnam mostly imported mobile phones from China and the Republic of Korea in the period. (Photo: cafef.vn) 
