VIETNAM– Since May, the electronics market has seen a 30%–50% decrease in electronic goods including mobile phones, IT items and engineering products. The slowdown can be attributed to fluctuations within the market–a decrease in consumer spending and a record-high exchange rate on the US dollar. In addition, there are import contracts that cannot be cancelled that have resulted in stockpiles of higher-priced, imported electronics currently in low demand.

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article