Mobile phone exports to China surge
Mobile phones and spare parts have become one of Vietnam’s key exports to China with turnover of US$1.35 billion as of end of August, up 137% year-on-year, according to the General Department of Vietnam Customs.
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In August alone, the figure surged to US$546 million, an increase of 132.3% compared to the previous month and seven times higher than that of August 2016.
Vietnam’s total export turnover to China was estimated at US$18.7 billion, as the end of August, a rise of 45% year on year.
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