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Vietnam electronics exports dependent on foreign firms

Vietnam remains world’s 12th largest exporter of electronic products and the third in ASEAN. While electronics make up a significant proportion in Vietnam’s total exports, up to 95% of the turnover of such products are in the hands of foreign-invested enterprises. The Department of Industry under the Ministry of Industry and Trade (MoIT) revealed the […]

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China benefits the most from Vietnam’s trade surplus

Vietnam has joined many multilateral and bilateral trade agreements in recent years. The question is what the country receives from these trade relations. Foreign trade statistics show that Vietnam has always gained a trade surplus with the United States, the EU and Japan while the country’s trade with China and South Korea has constantly been […]

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Vietnam: E-commerce workforce downsized due to COVID-19

The proportion of enterprises with employees specialised in e-commerce decreased significantly last year compared to previous years The proportion of enterprises with employees specialised in e-commerce decreased significantly last year compared to previous years, according to the Viet Nam E-Commerce Index 2021 by the Viet Nam E-Commerce Association (VECOM). The decline was partly due to […]

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