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  • What are the development trends of Vietnam's electronic components and production equipment industries?

    Market GrowthContinuous Expansion of Export Markets: Vietnam's electronic equipment industry is one of the fastest-growing sectors in the country, accounting for a significant proportion of Vietnam's total exports. For instance, in 2020, the export value of electrical machinery and equipment reached 119.22 billion USD. In recent years, Vietnam has been actively involved in electronic export activities, with its global ranking steadily increasing from the 47th position in 2001 to the 12th

  • Bac Ninh's "Giant" Must Run Fast Problem

    Bac Ninh is the province with the largest industrial production value in Vietnam and one of the top in terms of economy. The biggest problem right now is to find a new growth engine for the province to rise to a higher development ladder.Last year, the industrial production value of this smallest province rose to the top of the country. It is no exaggeration to say Bac Ninh as an economic giant of Vietnam.However, after many years of miraculous development, Bac Ninh's economy is growing slow

  • The surge in foreign trade orders for consumer electronic accessories: a surge in organic silicon, tight supply of chips, and factory market differentiation due to the pandemic

    On December 9th, multiple media outlets reported that Samsung will follow Apple's lead in submitting new documents to Brazilian regulatory authorities, stating that all three devices in the upcoming Galaxy S21 series do not come with power adapters or headphones.How much impact can this move by top mobile phone brands have?In October 2020, Apple announced that the iPhone 12 will no longer come with a random charger and headphones. Recently, a reporter from Daily Economic News learned from th

  • Our country's competitive advantage in foreign trade is stable, and the export performance of electrical equipment, automobiles, and their spare parts is outstanding

    CCTV News: On the morning of July 13th, the State Council Information Office held a press conference. Lv Daliang, spokesperson for the General Administration of Customs, introduced that in the first half of 2023, China's total foreign trade import and export value was 20.1 trillion yuan, a year-on-year increase of 2.1%, and the scale reached a new historical high for the same period. The quality of foreign trade import and export remained stable and met expectations.  According to customs

  • In 2022, China's total import and export value exceeded 40 trillion yuan for the first time, and the growth rate of electronic components was 22%

    The total import and export value of China's goods trade in 2022 was RMB 42.07 trillion, an increase of 7.7% compared to 2021. Among them, exports reached 23.97 trillion yuan, an increase of 10.5%; Import reached 18.1 trillion yuan, an increase of 4.3%. In terms of exports, in 2022, private enterprises exported 7 trillion yuan of mechanical and electrical products, an increase of 15.3%. Among them, the growth rates of electronic components, electrical equipment, and automotive parts were 22%

  • Vietnam Announces Import and Export Data of Computer and Electronic Products

    On November 28th, Vietnam's computer, electronic products, and component exports continued to grow at a double-digit rate, with the United States still the main market.According to data from the General Administration of Customs of Vietnam, as of November 15, 2022, the total import and export volume of computers, electronic products, and components reached 121.6 billion US dollars, accounting for 18.86% of the total import and export volume of the country. Among them, exports reached 48.3 bi

  • Vietnam's import and export of electronic products and spare parts show a growing trend

    With the increasing frequency of global economic and trade exchanges, the division of labor and cooperation in the industrial chain is gradually becoming clear. Vietnam's participation in the global industrial chain is becoming deeper and its contribution to the sustainable development of the global supply chain is also increasing. At present, Vietnam has undertaken the transfer of numerous industries from countries and regions such as China, the United States, Japan, South Korea, Singapore,

  • Seven Major Measures for Developing Supporting Industries in Vietnam

    On August 10th, the Vietnamese central government website reported that the government recently released Resolution 115/NQ-CP on promoting the development of supporting industries. The resolution proposes that by 2030, supporting industrial products will meet 70% of domestic production and consumption needs; About 14% of industrial output value; In Vietnam, approximately 2000 companies are able to directly supply products to assemblers and multinational corporations.Specific goals in the field o

  • Vietnam Announces Import and Export Data of Computer and Electronic Products

    On November 28th, Vietnam's computer, electronic products, and component exports continued to grow at a double-digit rate, with the United States still the main market.According to data from the General Administration of Customs of Vietnam, as of November 15, 2022, the total import and export volume of computers, electronic products, and components reached 121.6 billion US dollars, accounting for 18.86% of the total import and export volume of the country. Among them, exports reached 48.3 bi

  • Vietnam has huge export space for electronic products

    In the first October of 2021, among the 31 categories of goods with exports exceeding $1 billion, computers, electronic products, and components reached $41.16 billion, an increase of 13% compared to the same period in 2020. The export value of mobile phones and components reached 46.22 billion US dollars, an increase of 9.6%. The above data clearly reflects the position of the electronics industry in export activities.In the first October of 2021, among the 31 categories of goods with exports e

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