Developing Telecoms
Newsletter Sign Up
Keep up-to-date with the latest telecoms news in emerging markets globally. Subscribe to Developing Telecoms FREE weekly newsletter.
Afghanistan
Bosnia and Herzegowina
Cook Islands
Samoa
South Sudan, Republic of
Sweden
Uruguay
Business/Industry/Finance User
Your personal data will not be shared with third parties. Click here to view our privacy policy.
219
After a slow 2020, Vietnam has logged record revenue growth from the export of handsets and components during Q1 2021.
As reported by local outlet Vietnamnet, the Ministry of Industry and Trade recorded export revenue totaling $14.1 billion in the first quarter, a year-on-year increase of 9.3%. In total, domestic manufacturing of devices rose by 2.7% to 54.5 million units during the quarter.
Vietnam Q1 handset exports rise - Mobile World Live
mobileworldlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mobileworldlive.com Daily Mail and Mail on Sunday newspapers.
Monday, 13:02, 05/04/2021
Vietnam’s industry grew 6.5% year on year in the first three months of 2020, with the manufacturing and processing sector expanding 9.45% and remaining as the main engine of the economic growth.
The three-month manufacturing and processing expansion was higher than 7.12% growth of last year’s Q1, but lower than 14.3% and 11.52% of 2018’s and 2019’s same period, respectively, according to the General Statistics Office of Vietnam (GSO).
Significant growth was reported in some other sectors, including metal production (30.9%), beverage production (16.9%), electric device manufacturing, and mining of metal ores (both 12.5%).
Sharp decline, by contrast, was seen in exploitation of crude oil and natural gas (13.7%), mining support services (17.5%), wastewater drainage and treatment (5.6%) among others.
Tourism energised to welcome international visitors 14:40 | 05/04/2021
Tourism energised to welcome international visitors
As Southeast Asiaâs tourism hub, Thailand was one of the regionâs first countries to promote the early recovery of the tourism industry. Some Thai islands such as Phuket have started pilot projects to vaccinate a good 70 per cent of its population before opening its doors for international guests. Under Phuketâs plans, from July 1, the island will be the first destination in the country to welcome international travellers and completely eliminate quarantine requirements.
Five other tourist destinations, including Koh Samui, Chonburi, and Chiang Mai, will also open for international tourists who have been vaccinated from October. Most of these pilot destinations are located in southern Thailand, which is dependent on international tourism.
Vietnam exports to US surge
By Thuy Tien April 1, 2021 | 11:59 am GMT+7
Vietnam’s economy is returning to solid export-fueled growth that is likely to continue thanks to the U.S. fiscal stimulus, according to the Wall Street Journal.
Tan Cang - Cai Mep International Terminal in the southern Ba Ria-Vung Tau Province. Photo by Shutterstock/Hien Phung Thu.
Its GDP grew at 4.48 percent year-on-year in the first quarter of 2021, according to the General Statistics Office of Vietnam.
Vietnam’s exports in the first two months of 2021 jumped 23.7 percent year-on-year to $48.74 billion, of which 28.4 percent went to the U.S.
The U.S. newspaper said: The American share of Vietnam’s overseas sales has risen considerably. The U.S.’s share of Vietnam’s exports has indeed increased by around 9 percentage points in the last two years.
vimarsana © 2020. All Rights Reserved.