Hanoi (VNS/VNA) - Vietnam has remained the world'ssecond largest smartphone exporter.
By 2022, Vietnam’s export share reached 12% on the globalsmartphone market, while India, a rival of Vietnam in this market, rankedseventh with a little over 2.5% export share, thehindu.com reported.
China continued to form the lion’s share by exporting half of theworld’s smartphones in 2022.
Hong Kong, the UAE, the Czech Republic, the US and the Republic ofKorea are other major players in the export market.
According to the General Department of Customs, Vietnam’s exportvalue of all types of phones and components in January reached more than 5.5billion USD, an increase of more than 50.4% compared to December 2023 and anincrease of 11.4% year on year.
The US and China became the largest customers of Vietnamese phonesand components.
In January, Vietnam’s exports to the US reached 1.39 billion USD,accounting for 25% of the exports. China came second with about 734 million USD,13%, and the RoK third, with 330 million USD.
The General Department of Customs' statistics also showed that in2010, the export turnover of phone components and components only accounted for3.2% of total national export value, but this group of electronic productsgained an annual average growth rate of 34% in export value during the periodof 2011-2021.
In 2023, overseas shipment of phones and accessories totalled 52.3billion USD, down 9.7% compared to 2022. Phones and accessories ranked secondin export value, after computers, electronics and components.
According to an HSBC report, Vietnam held 13% of the globalsmartphone market share in 2021, being the second-largest smartphone exporterin the world.
Vietnam now is also an attractive destination for big firms in theglobal phone and component industry, including Apple. At present, about 25suppliers of Apple locate their factories in Vietnam, vtv.vn reported./.
Vietnam was the 10th country in the world in terms of smartphone users in 2020 with more than 61 million, according to a recent report on the global mobile market.
Vietnam’s smartphone market saw a dip in shipments by 15.6% in 2022, marking a significant decline in the industry, according to the International Data Corporation's Worldwide Quarterly Mobile Phone Tracker.
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.
Illustrative image (Photo: VNA) 
