Computers, electronic products and components continued to dominate Vietnam’s trade in August, both in exports and imports, according to the Department of Customs under the Ministry of Finance.

In the first eight months, imports of computers, electronic products and parts totalled nearly $96 billion, rising 38.2% year-on-year.

Imports in this category reached 14.13 billion USD in August, up 2.1% from July. Over the first eight months, imports totalled nearly 96 billion USD, a year-on-year increase of 38.2%, accounting for almost 32% of the country’s total import value.

China remained the largest supplier with 33.5 billion USD, up 47.5%. Other major sources were the Republic of Korea (24.1 billion USD, up 16.9%), Taiwan (nearly 15 billion USD, up 72.9%) and Japan (5.4 billion USD, up 11.7%).

On the export side, computers, electronics and components brought in 10.2 billion USD in August. In the first eight months, exports in this group reached nearly 67 billion USD, up 43.1%, accounting for 22% of Vietnam’s total exports.

The US remained the largest buyer, with 26.1 billion USD, up 67.7%. China followed with 11.02 billion USD, up 38.6%, while Hong Kong and the EU also recorded strong growth.

Phones and components showed only modest growth, with exports reaching 5.7 billion USD in August and 38.2 billion USD in the first eight months, up just 2.4%. Imports in this group were close to 7 billion USD, an increase of 18.8%.

Overall, Vietnam’s trade reached 83.1 billion USD in August, up 0.9% from July. In the first eight months, turnover amounted to nearly 598 billion USD, with computers, electronics and phones together accounting for about one-third of total exports and imports.

Bac Ninh strengthens ties with Brazil-Vietnam chamber to boost trade and investment

BAC NINH – Vice Chairman of Bac Ninh provincial People’s Committee (PPC) Pham Van Thinh on September 9 received leaders of the Brazil-Vietnam Chamber of Commerce and Industry (LATAM) to discuss trade promotion and investment opportunities between the northern province and Brazilian businesses.

Vietnam posts nearly 14 billion USD trade surplus in eight months

During the January–August period, the country’s total trade value reached 597.93 billion USD, up 16.3% year on year. Exports rose 14.8% to 305.96 billion USD, while imports climbed 17.9% to 291.97 billion USD.

 

Smart port model helps boost Vietnam-China border trade

In recent years, cooperation between Vietnam and China in building “smart border gates” has become an important highlight, helping to remove bottlenecks in the flow of goods, especially agricultural products.

 

Vietnam pushes for swift upgrade to ASEAN-India trade deal

ASEAN-India trade reached 106.9 billion USD in 2024, a 6.05% increase from the previous year, according to the Vietnamese Ministry of Industry and Trade. ASEAN exports to India grew 7.6% to 70.8 billion USD, while imports from India climbed 3.4% to 36.1 billion USD.

 

Bac Ninh applies digital transformation, boosts trade promotion

BAC NINH - Currently, the application of digital transformation in commercial activities has become an inevitable trend for producers, service providers, and consumers. This is especially evident in shopping malls and supermarkets in Bac Ninh province. Most businesses, cooperatives, and production establishments have moved their products onto e-commerce platforms to promote their brands and help sell products more effectively.