Business

Mobile phone exports to China surge

Mobile phones and spare parts have become one of Vietnam’s key exports to China with turnover of 1.35 billion USD as of end of August, up 137 percent year-on-year, according to the General Department of Vietnam Customs.
Mobile phone exports to China surge ảnh 1Workers in a Samsung factory in Bac Ninh province (Source: thanhnien.vn)

Hanoi (VNA) – Mobilephones and spare parts have become one of Vietnam’s key exports to China withturnover of 1.35 billion USD as of end of August, up 137 percent year-on-year, accordingto the General Department of Vietnam Customs.

In August alone, the figure surged to546 million USD, an increase of 132.3 percent compared to the previous monthand seven times higher than that of August 2016.

Vietnam’s total export turnover to Chinawas estimated at 18.7 billion USD as the end of August, a rise of 45 percentyear on year.-VNA

VNA
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