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VietNamNews

Electronics exports top $1b

Update: September, 04/2014 - 09:02
Circuit boards are produced at Matsumura Electronics Company in the southern province of Binh Duong. More than 154 electronics businesses in the province have exported more than US$1 billion worth of products in the first eight months of this year. — VNA/VNS Photo Quach Lam

BINH DUONG  (VNS) —  More than 154 electronic businesses in this southern province have exported more than US$1 billion worth of products in the first eight months of 2014.

Figures from the provincial Department of Planning and Investment showed that phones and spare parts fetched $700 million, or 40 per cent more than that of the same period last year, while computers and other electronic products earned $400 million, or four-per cent more than that of the same period last year.

According to the department, the province has so far licensed 154 foreign-invested projects in the electronics industry that are employing nearly 50,000 people. Japan has been investing in most of the projects.

The Viet Nam-Singapore Industrial Parks I and II are home to the largest number of electronics businesses at 126. At present, Binh Duong is calling for investment in high-technology areas such as electricity and electronics, food processing, pharmaceuticals and support industries. — VNS


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