Electronic exports set to hit US$1.5 bln in 2005

With electronic exports expected to reach 1.5 billion USD in 2005, nearly 15 per cent higher than last year’s figure, Vietnam’s electronics producers are also combining efforts to further boost exports.
The Vietnam Electronics Industry Association (VEIA) said it had invested about 3 billion VND (around 200,000 USD) to promote trade and organize international electronic trade fairs and exhibitions with an aim of beating the expected forecast.

VEIA said it had sent five groups of its member companies to China, Hong Kong, Japan, France and South Korea to carry out market researches.

It has also been working on international cooperation programs, particularly with partners in Japan, China, South Korea and ASEAN countries, to boost the domestic electronics industry, association officials said.

Currently, VEIA is on track to signing a cooperation deal in staff training with the Japanese Information and Telecoms Association and China Electronics Association.

It is also scheduled to join Asian electronics forums which will be held this July.

Vietnam News Agency, April 11, 2005