According to statistics from the General Department of Customs, trade between Việt Nam and Taiwan (China) totalled $13 billion in the first six months of the year, an 18 per cent increase year-on-year.
The first quarter saw the Southeast Asian country import $3.079 billion worth of mobile phones and components, a 22.4 per cent increase compared to last year and the 5th largest import of the country.
UK manufacturer and distributor of industrial components Essentra Components said it will expand its distribution system in Việt Nam to better serve customers in the Vietnamese market.
Earlier in May, Apple Insider reported a member of Foxconn – Apple’s global supply chain partner – was negotiating to buy land use rights in India and Viet Nam to expand its production in both countries.
Viet Nam spent over US$21.12 billion in 2022 to import mobile phone and components or a decrease of 1.61 per cent over the same period 2021, accounting for 5.89 per cent of the country’s total import turnover.
Vietnamese businesses have joined the Mechanical Components & Materials Technology Expo (M-Tech), which opened in Nagoya, the capital city of Aichi Prefecture, Japan on April 7.
RS Components, a global electronics and maintenance products supplier, is now shipping to Viet Nam an extensive range of RS PRO handheld test and measurement instruments for engineers and technicians on the go.
The success of Samsung in Viet Nam has lured a series of South Korean enterprises wishing to capitalise on rising demand for electronic components, an official said.
The central city’s Investment Promotion Agency (IPA) and the vehicle component solutions development centre (LG-VS) under Korean LG Electronics Viet Nam-Hai Phong company has signed a Memorandum of Understanding (MoU) on building the first R&D centre in the city and...
RS Components, a global electronics and maintenance products supplier, has launched e-commerce platforms for Indonesia and Viet Nam, with local sales support backed by dedicated sourcing, customer service, and technical teams.
The central city began construction of the first surface-mount technology (SMT) factory at Da Nang Hi-Tech Park. The plant would make printed circuit boards and electronic components for export from early 2021.
The Government’s decision to offer a zero-import tax rate on automobile components opens significant opportunities for the local industry to lower prices and enhance competitiveness.