Vietnam phones imports down 3.22% in January 2026 / China -4.78%, South Korea +30.82%

Vietnam imported phones to the tune of US$953 million in January, down from US$985 million in December, a change of -3.22 percent, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam had imported US$953 million worth of phones by the end of January.

China accounted for US$820 million worth of Vietnam’s phone imports in January. This was down from US$861 million in phone imports in December, a change of 4.78 percent. Year to date, China has shipped US$820 million worth of phones to Vietnam.

After China was South Korea making up US$28 million worth of Vietnam’s phone imports in January. This was up from US$22 million in phone imports in December, a change of 30.82 percent. Year to date, South Korea has shipped US$28 million worth of phones to Vietnam.

Next was Taiwan contributing US$1 million worth of Vietnam’s phone imports in January. This was down from US$3 million in phone imports in December, a change of 79.75 percent. Year to date, Taiwan has shipped US$1 million worth of phones to Vietnam.

Learn more about accessing Vietnam’s consumer market→

Phone exports

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. Read the full report →

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 51,700 on Monday, up 1.2 percent with 36,170,000 shares traded, worth VND 186,720 million.

Foreign ownership in DGW is currently capped at 49.4 percent, with current foreign ownership sitting at 22.7 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 171,900 on Monday, up 1.9 percent with 5,825,000 shares traded, worth VND 99,822 million.

Foreign ownership in FRT is currently capped at 49.0 percent, with current foreign ownership sitting at 33.0 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 92,000 on Monday, down 0.8 percent with 50,031,000 shares traded, worth VND 460,266 million.

Foreign ownership in MWG is currently capped at 48.7 percent, with current foreign ownership sitting at 47.3 percent.

Viettronics Tan Binh JSC

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

VTB closed at VND 16,000 on Monday, down 0.7 percent with 196,000 shares traded, worth VND 314 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.

Find out about starting a business in Vietnam→

The data

Vietnam imports of phones in January, US$m