In the first five months of 2024, the contribution of Việt Nam''s electronic businesses to export turnover reached 31.61 per cent, equivalent to US$49 billion.
Vietnamese domestic supporting industry enterprises for electronics industry have participated in the value chain of the industry, however, most of them only provide simple products with low technology and value.
Vietnamese electronics makers have until the end of this quarter to find alternative sources for their input materials as inventories run low and supply would likely remain disrupted due to outbreaks of novel coronavirus (COVID-19).
Better policies were needed to improve the capacity of support-industry
companies, particularly electronics firms, said deputy minister of
Industry and Trade Cao Quoc Hung.