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Vietnam's phone export earnings up slightly in Q1

Xinhua News,HANOI
2020-04-07 14:21

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HANOI, April 7 (Xinhua) -- Vietnam earned nearly 12.4 billion U.S. dollars from exporting phones and components in the first quarter of this year, posting a year-on-year increase of 2 percent, accounting for nearly 21 percent of Vietnam's total export revenue, the General Statistics Office said on Tuesday.

In March alone, the country fetched 4.8 billion U.S. dollars from selling the products overseas, down 11.8 percent on-year.

Between January and March, Vietnam spent nearly 3.2 billion U.S. dollars importing phones and their components, seeing a year-on-year increase of 14.1 percent.

In 2019, the country reaped 51.8 billion U.S. dollars from exporting phones and components, posting a year-on-year increase of 5.3 percent, according to the office.
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