Vietnam phone exports up 39.65% in January 2026 MoM / to China -20.30%, USA +137.08%

Vietnam exported Phones to the tune of US$5,662 million in January, up from US$4,054 million in December, a change of 39.65 percent, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam had exported US$5,662 million worth of Phones by the end of January.

China accounted for US$1,313 million worth of Vietnam’s phone exports in January. This was down from US$1,647 million in phone exports in December, a change of -20.30 percent. Year to date, Vietnam has shipped US$1,313 million worth of phones to China.

After China was the USA making up US$1,040 million worth of Vietnam’s phone exports in January. This was up from US$439 million in phone exports in December, a change of 137.08 percent. Year to date, Vietnam has shipped US$1,040 million worth of phones to the USA.

Next was South Korea taking US$407 million worth of Vietnam’s phone exports in January. This was down from US$456 million in phone exports in December, a change of -10.70 percent. Year to date, Vietnam has shipped US$407 million worth of phones to South Korea.

Following South Korea was the UAE representing US$330 million worth of Vietnam’s phone exports in January. This was up from US$220 million in phone exports in December, a change of 49.93 percent. Year to date, Vietnam has shipped US$330 million worth of phones to the UAE.

Rounding out the top five was Austria constituting US$221 million worth of Vietnam’s phone exports in January. This was up from US$50 million in phone exports in December, a change of 343.55 percent. Year to date, Vietnam has shipped US$221 million worth of phones to Austria.

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Listed electronics companies

Key electronics firms listed on the Vietnam stock exchange include:

Digiworld Corporation

Digiworld Corporation (DGW) distributes information technology products, smartphones, and consumer electronics in Vietnam.

DGW closed at VND 50,500 on Friday, February 13, down 0.1 percent with 18,885,000 shares traded, worth VND 94,905 million.

Foreign ownership in DGW is currently capped at 49.4 percent, with current foreign ownership sitting at 22.8 percent.

FPT Retail JSC

FPT Retail JSC (FRT) operates FPT Shop and F.Studio retail chains selling electronics, phones, and IT products.

FRT closed at VND 170,000 on Friday, February 13, up 3 percent with 5,757,000 shares traded, worth VND 96,378 million.

Foreign ownership in FRT is currently capped at 49.0 percent, with current foreign ownership sitting at 32.8 percent.

Mobile World Investment Corporation

Mobile World Investment Corporation (MWG) runs retail chains including Thegioididong, Dien May Xanh, and Bach Hoa Xanh, selling electronics and groceries.

MWG closed at VND 92,800 on Friday, February 13, down 0.1 percent with 55,115,000 shares traded, worth VND 510,721 million.

Foreign ownership in MWG is currently capped at 48.7 percent, with current foreign ownership sitting at 47.2 percent.

Viettronics Tan Binh JSC

Viettronics Tan Binh JSC (VTB) manufactures and trades electrical appliances, lighting, and consumer electronics.

VTB closed at VND 16,700 on Friday, February 13, up 0.5 percent with 314,000 shares traded, worth VND 523 million.

Foreign ownership in VTB is currently capped at 49.0 percent, with current foreign ownership sitting at 1.6 percent.

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Vietnam’s electronics industry

Vietnam’s electronics industry is a major export sector, driven by foreign direct investment from multinational firms producing smartphones, computers and components.

The sector has expanded rapidly over the past decade, with manufacturing clusters concentrated in provinces such as Bac Ninh, Thai Nguyen and Hai Phong.

Electronics accounts for a large share of Vietnam’s total export turnover, particularly in phones, consumer electronics and related components.

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The data

Vietnam’s exports of phones in January, US$m