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Fiery Samsung Note 7s fail to cut off Vietnam's mobile phone exports

Vietnam saw an 11 percent jump in mobile phone exports during the first nine months of the year.

Ngày đăng: 13 tháng 9, 2021
Cập nhật: 28 tháng 12, 2022
Lượt xem: 308806594
Nguồn: vnexpress

During the first nine months, Vietnam's mobile export value reached $25.5 billion, up 11 percent on-year, making it the most valuable export sector.

This might come as a surprise amid the Galaxy Note 7 fire scandal which forced Samsung to stop its production and recall all devices. 

Previously, Nguyen Mai, president of Vietnam's Association of Foreign Invested Enterprises, said recalling the Note 7 could reduce Vietnam's exports by an estimated 0.5-1 percent this year.

But the company insists: "The Note 7 incident may not have any significant impact on our exports in 2016; in fact this year's export turnover is expected to increase."

Garments and textiles, and computers and electronic devices came second and third in terms of export value, reaching $18 billion and $13 billion respectively.

As of the third quarter of this year, Vietnam’s import-export turnover had reached over a quarter of a trillion dollars, up 4 percent compared to the same period last year, recording a trade surplus of $3.7 billion – the highest in the past seven years.

Related news:

Rising supplies eat into Vietnam's rice export prices

Vietnam earns $42mln from lychee export to China

Thai and Chinese firms steal Vietnamese brands to export to US, EU


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