Major markets sharply raise imports of cameras and camcorders from Vietnam
The export of cameras, camcorders and components earned more than 720 million USD last month, an increase of 75.6% year-on-year, according to the General Statistics Office (GSO).
Export of cameras, camcorders and components brings in more than 7.6 billion USD last year. (Photo: vneconomy.vn)
Hanoi (VNS/VNA) - The export of cameras, camcorders and componentsearned more than 720 million USD last month, an increase of 75.6% year-on-year,according to the General Statistics Office (GSO).
Overall, this product group earned more than 2.15 billion USD in the firstquarter of this year, an increase of 69.5% over the same period last year.
The standout feature of this selection of export goods is the notable surge inimports across all key markets.
China was the largest market for Vietnamese cameras, camcorders and componentswith more than 931.72 million USD as of February 29, a sharp increase of 105%over the same period last year. Thus, the Chinese market accounts for 43% ofthis product.
The US is Vietnam's second largest market with a turnover of more than 136million USD in the first two months of the year, accounting for 6.3%.
The Republic of Korea (RoK) ranked third with more than 92.8 million USD, anincrease of 22.5% over the same period last year, and the proportion reached4.3%.
Besides the three main markets above, Vietnam also exports to Hong Kong(China), Japan and India.
By the close of the first quarter of this year, this product category hasemerged as the second-fastest-growing, trailing only behind plastic products.
The export of cameras, camcorders and components brought in more than 7.6billion USD last year, an increase of 19.5% over the same period, to be theproduct with the third highest growth rate, only after fruits and vegetablesand rice./.
Some potential investors are exploring investment chances in central Da Nang city, and its Hi-Tech Park and Industrial Zones Authority (DHPIZA) hopes that 50% of those FDI businesses will invest in the local semiconductor industry this year.
In the first two months of 2024, four commodities of Vietnam posted export value of over 5 billion USD, accounting for over 52% of the country's total export turnover, according to the General Statistics Office of Vietnam.
Vietnam has prepared necessary conditions to attract “eagles” worldwide in the electronics and semiconductor industry, Deputy Minister of Planning and Investment Tran Duy Dong told the Vietnam Global Manufacturing Forum 2024 (VGMF2024) in Hanoi on March 26.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Export of cameras, camcorders and components brings in more than 7.6 billion USD last year. (Photo: vneconomy.vn) 
