In the January-August period, export turnover was estimated at US$ 169.98 billion, representing a year-on-year growth of 7.3%. In the reviewed period, 26 commodities earned over US$ 1 billion export turnover each, accounting for 89.5% of total export turnover including five with over US$ 10 billion. Mobile phones and spare parts were the biggest hard currency earner by pocketing US$ 33 billion, accounting for 19.4% of the total, representing a year-on-year growth of 4.3%. Electronic products, computers and spare parts earned US$ 21.9 billion of export turnover, representing a year-on-year growth of 14.3%; followed by garments and textiles with US$ 21.7 billion, up 9.8%; footwear with US$ 12 billion, up 13.1%; machines and equipments with US$ 11.3 billion, up 5.8%; furniture with US$ 6.5 billion, up 15.4%; transport vehicles and spare parts with US$ 5.7 billion, up 7%. The U.S. was the largest importer of Viet Nam with US$ 38.6 billion of turnover, posting a … [Read more...] about Export turnover of mobile phones and spare parts hit US$ 33 bln
Voice activated mobile phone disabled
Việt Nam mostly imported mobilephones from China and South Korea in the period. — Photo cafef.vn HÀ NỘI — Việt Nam spent US$1.1 billion to import mobile phones and spare parts in May, up 36.2 per cent from the same period last year, according to the Ministry of Industry and Trade (MoIT). In the first five months of the year, total imports of the products were worth $4.91 billion, a 3.9 per cent year-on-year decrease. Earlier, imports of mobile phones and spare parts into Việt Nam fell in the first two months of the year and surged in March and April, with increases of 44.6 and 6.5 per cent respectively. Việt Nam mostly imported phones from China and the Republic of Korea (RoK) in the period. Of which, imports from China accounted for 54 per cent of the country’s total to reach $2.06 billion and reducing 19.7 per cent from the corresponding period last year. Meanwhile, mobile phone and spare part imports from the RoK rose … [Read more...] about Mobile phone and spare part imports hit US$4.91 billion
Illustration by Trịnh Lập By An Phương Though school regulations do not allow students to use mobile phones in classes, I’ve seen many cases, including my nephews, carrying smartphones and using them publicly in schools. Mobile phones, especially smartphones, have become an essential part of our daily lives. I can’t imagine going one day without touching my iPhone, as I need to make calls, reply to messages, draft emails, and scroll my social feeds. Of course, I’m already an adult. I first had my phone about 10 years ago when I was 16, and I felt okay with having it at that age. However, I believe that’s not the case these days as even my 10-year-old nephew has asked his father for a phone. That’s why when I noticed the topic of phones in schools, I had mixed feelings as to whether mobile phones are beneficial or distracting for students. I spoke with four people, two of them four or five years … [Read more...] about Should students use mobile phones in schools?
Making a suggestion to the Ministry of Finance’s plan to increase sources of revenue, the HCM City People’s Committee proposed levying a luxury tax on mobile phones, cosmetics and perfume. “If the idea comes true, Vietnam will become the first country in the world to impose a luxury tax on mobile phones,” one commenter said on an Internet forum. Nguyen Thanh Binh from the Ministry of Planning and Investment’s (MPI) Institute for Policies and Development also said the idea needs thorough consideration, saying that this taxation is not applied in developed or developing countries, or countries in Southeast Asia. Truong Ba Tuan, head of the Institute of Information Policy Strategy, said that South Africa imposes a luxury tax on mobile phones, but the policy faces strong opposition. As for cosmetics, Tuan said, luxury taxes are applied in some countries, including Thailand and Indonesia, while most developed countries don’t tax products. SCT, by nature, … [Read more...] about Will mobile phones bear a luxury tax?
Dr Nguyen Thanh Binh of the Ministry of Planning and Investment’s Institute of Policy and Development said the proposal should be carefully considered since no other country levies a luxury tax on mobile phones. The nature of such a tax is to hit luxury goods or discourage consumption of goods that use up foreign currency for imports or harm the environment or human health, he explained. "We have to ask ourselves whether mobile phones are essential or luxury, and what effect it has on the environment and health." Mobiles are now ordinary goods used by everyone, he said. The city people's committee has recently sent to the Ministry of Finance suggestions for a draft proposal on "expanding the tax base and preventing erosion of state revenues." It said mobile phones are not luxury goods but not "very essential" either, and so it wants to regulate consumption to ensure it is "reasonable." It also called on lawmakers to add items such as cameras, perfumes, cosmetics, gaming services, … [Read more...] about City proposal to slap luxury tax on mobile phones raises hackles