Vietnam is estimated to earn 1.8 billion U.S. dollars from exporting electronics goods, including computer components, this year, up 25 percent against last year, a local agency said Thursday.

"In the first nine months of this year, we gained over 1.2 billion dollars from selling electronics goods to over 30 overseas markets, including Japan, China, South Korea and France. The figure for the whole year is likely to reach 1.8 billion dollars, said the Trade Information Center under the Trade Ministry.

To promote electronics export, Vietnam is centering on intensifying trade promotion mainly by organizing and attending international trade fairs and exhibitions, and conducting more market surveys, the center said.

According to the Vietnam Electronic Industries Association, electronics producers in the country, many of which are making electronics appliances under outsourcing contracts with foreign companies, should raise the added value in their products so as to reap bigger export revenues and maintain domestic market shares under pressure of regional tariff reduction roadmaps.

The producers should either design their own product models, instead of relying on models supplied by the foreign firms, or strengthen production of components and spare parts for export, the association noted.

Source: Xinhua