August 02, 2023 | 11:05

7M ICT revenue hits $72.9bln

Đỗ Phong

Figure down 7.1% against the first seven months of 2022.

7M ICT revenue hits $72.9bln

Revenue from information and communications technology (ICT) services reached $72.9 billion in the first seven months of 2023, down 7.1 per cent year-on-year, according to the Ministry of Information and Communications.

Turnover from hardware and electronic exports was $67.7 billion, a year-on-year decline of 7 per cent.

Export value of hardware and electronic products was estimated at nearly $61 billion, down 10.6 per cent compared to the same period last year.

Figures from the General Department of Vietnam Customs show that shipments of computers and components during the seven-month period reached over $30 billion, down 8.9 per cent year-on-year.

It said the reduction stemmed from the global economy continuing to face difficulties as a result of recession in many countries while information technology consumption is down, affecting the export of products and services, including information technology products.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
However, VnEconomy is not responsible for any translation by the Google Translate.

Google translateGoogle translate