Vietnam's electronics industry faces trade deficit despite strong export growth
Hanoi, Oct. 30 -- The Ministry of Industry and Trade held a meeting with major electronics enterprises in Hanoi on October 30 to assess the sector's production and trade performance, examine the cause of its trade deficit and discuss development prospects.
In his remarks, Deputy Minister of Industry and Trade Luong Hoang Thai highlighted the electronics industry's significant contribution to national exports, calling on businesses and experts to analyse its import-export structure, identify challenges and propose solutions to improve its development prospects.
According to the ministry's Agency of Foreign Trade, the total trade turnover was estimated at 1.010 trillion USD in the first 10 months of 2026, up 32.3% year on year, surpassing...
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