Vietnam's phone export down 8.8 pct in 5 months

HANOI, June 3 (Xinhua) -- Vietnam earned nearly 18 billion U.S. dollars from exporting phones and components in the first five months of this year, posting a year-on-year decline of 8.8 percent, accounting for 18.1 percent of Vietnam's total export revenue, according to the country's General Statistics Office on Wednesday.

 

In May alone, Vietnam fetched 2.6 billion U.S. dollars from selling the products overseas, plunging 30 percent on-year.

 

Between January and May, Vietnam spent roughly 4.9 billion U.S. dollars importing phones and their components, seeing a year-on-year increase of 0.2 percent.

 

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