Vietnam phones exports down 3.13% MoM in February 2026 / China -21.36%, USA -23.21%

Vietnam exported phones to the tune of US$5,485 million in February, down from US$5,662 million in January, a change of -3.13 percent, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam had exported US$11,147 million worth of phones by the end of February.

China accounted for US$1,032 million worth of Vietnam’s phone exports in February, down from US$1,313 million in January, a change of 21.36 percent. Year to date, Vietnam has shipped US$2,345 million worth of phones to China.

After China was the USA with US$799 million in February, down from US$1,040 million in January, a change of 23.21 percent. Year to date, exports to the USA reached US$1,839 million.

South Korea followed with US$705 million in February, up from US$407 million in January, a change of 73.19 percent. Year to date, Vietnam has shipped US$1,113 million worth of phones to South Korea.

The UAE recorded US$264 million in February, down from US$330 million in January, a change of 19.95 percent. Year to date, exports to the UAE reached US$594 million.

Japan rounded out the top five with US$254 million in February, up from US$195 million in January, a change of 30.24 percent. Year to date, Vietnam has shipped US$449 million worth of phones to Japan.

Learn more about manufacturing in Vietnam→

Listed electronics companies

Key electronics firms listed on the Vietnam stock exchange include:

Digiworld Corporation (DGW)

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

In February, DGW shares moved from 49.00 to 51.20, a change of 2.20 (0.04 percent).

Foreign ownership moved from 577,500.71 to 615,873.56, a change of 38,372.85 (0.07 percent).

FPT Retail JSC (FRT)

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

In February, FRT shares moved from 169.90 to 169.00, a change of -0.90 (-0.01 percent).

Foreign ownership moved from 276,627.81 to 275,131.97, a change of -1,495.84 (-0.01 percent).

Mobile World Investment Corporation (MWG)

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

In February, MWG shares moved from 92.90 to 93.10, a change of 0.20 (0.00 percent).

Foreign ownership moved from 170,725.47 to 198,070.18, a change of 27,344.71 (0.16 percent).

Viettronics Tan Binh JSC (VTB)

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

In February, VTB shares moved from 15.55 to 15.35, a change of -0.20 (-0.01 percent).

Foreign ownership moved from 56,795.85 to 56,789.85, a change of -6.00 (0.00 percent).

Explore opening a trading account in Vietnam→

Vietnam electronics news

Recent developments in electronics in Vietnam include:

Computer exports January

Vietnam exported computers to the tune of US$9,560 million in January, down from US$10,743 million in December, a change of -11.01 percent, according to preliminary data from Vietnam’s General Department of Customs. Read more→

Mobile phone production

Vietnam produced 14.91 million mobile phones in January, down 2.07 percent from 15.23 million in December, according to the latest data from the National Statistics Office. Read more→

Jailbroken phone bank app halt

From March 1, banks nationwide implemented new security rules whereby banking apps will no longer operate on jailbroken phones.

Applications will stop on devices enabling deep system access such as Android Debug Bridge, virtual machines, emulators, modified apps, or installations from unofficial sources. Read more→

See the latest Vietnam news headlines→

Vietnam’s electronics industry

Vietnam’s electronics industry is a core pillar of its export economy, driven by foreign direct investment and integration into global supply chains.

Major multinational companies, including Samsung, Intel and LG, have established large manufacturing bases, making Vietnam one of the world’s leading exporters of phones, computers and components.

The sector is heavily reliant on imported inputs, particularly from China and South Korea, with domestic value addition remaining relatively low.

Ongoing policy efforts are focused on moving up the value chain through supporting industries, workforce development and expansion into higher-value segments such as semiconductors.

Find out about starting a business in Vietnam→

The data

Vietnam exports of phones in February, US$m