Sunday,  May 26, 2019,07:21 (GMT+7) 0 0
Computer, electronics imports in Jan see highest spending
The Saigon Times Daily
Monday,  Feb 18, 2019,18:47 (GMT+7)

Computer, electronics imports in Jan see highest spending

The Saigon Times Daily

HCMC – In the first month of the year, Vietnam spent US$20.8 billion on imports, with computers, electronic products and their parts making up the largest proportion at US$3.7 billion, news site Vietnamplus reported, citing statistics from the Ministry of Industry and Trade.

Machinery, equipment, tools and machine parts ranked second with US$3 billion, up 3.8% year-on-year.

Meanwhile, the import of phones and phone parts reported a decline of 12% at US$1.4 billion. In addition, the country spent US$1.1 billion on fabrics, an increase of 5.8% over the year-ago period.

These four groups of products accounted for nearly half of the country’s import turnover in January.

Data from the Ministry of Industry and Trade showed that China was Vietnam’s largest export market in the first month of the year, with turnover of US$6.1 billion, followed by ASEAN with US$2.78 billion, Japan with US$1.6 billion, the European Union with US$1.3 billion and the United States with US$1.1 billion.

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