Mobile phone exports to China surge

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Workers in a Samsung factory in Bac Ninh province (Source: thanhnien.vn)

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.

In August alone, the figure surged to 546 million USD, an increase of 132.3 percent compared to the previous month and seven times higher than that of August 2016.

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

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