Wednesday, July 24 2019

VietNamNews

Mobile phone and spare part imports hit US$4.91 billion

Update: June, 13/2019 - 16:14

 

Việt Nam mostly imported mobilephones from China and South Korea in the period. — Photo cafef.vn

HÀ NỘI — Việt Nam spent US$1.1 billion to import mobile phones and spare parts in May, up 36.2 per cent from the same period last year, according to the Ministry of Industry and Trade (MoIT).

In the first five months of the year, total imports of the products were worth $4.91 billion, a 3.9 per cent year-on-year decrease.

Earlier, imports of mobile phones and spare parts into Việt Nam fell in the first two months of the year and surged in March and April, with increases of 44.6 and 6.5 per cent respectively.

Việt Nam mostly imported phones from China and the Republic of Korea (RoK) in the period. Of which, imports from China accounted for 54 per cent of the country’s total to reach $2.06 billion and reducing 19.7 per cent from the corresponding period last year.

Meanwhile, mobile phone and spare part imports from the RoK rose by 0.4 per cent to $1.5 billion in January-May.

Việt Nam also imported mobile phones from Hong Kong with total value of $32.06 million, up 25.8 per cent from the same period last year. — VNS

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