You must be thinking that China has no break in the smartphone segment. So for your information, let us tell you that Vietnam is a country from where all top brand mobile phones are exported.
Image Credit source: Representative Photo
Many things have changed in India in the last few years, be it technology sector or international trade. Everywhere India has shown its power to the world. Although China is still far ahead of India. But we are going to tell you the name of a country which is even ahead of China in terms of exports.
This is a small country named Vietnam. Now the question is how this small country has set an example in front of big giants. Let us know that a country like India should learn what is the development model of Vietnam. Vietnam is best known for exporting smartphones. Apart from this, footwear is also exported from there to other countries in large quantities.
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This is how the trap of export was spread
Vietnam developed a model in which it tied many small countries together to write a success story in the export sector. In today’s era, Vietnam has become a messiah for small countries like Republic of Korea, Taiwan, Malaysia and Thailand. Vietnam spread the net of exports in these countries.
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what does export do
Be it technology or any other thing, Vietnam started providing the things they needed to smaller countries. Be it telephone, mobile parts or any item of footwear. Vietnam became the first choice for these countries. Today the situation is that Vietnam has left behind even big countries in the matter of export of these things.
Even ahead of China and India
Most of the people in the world feel that in terms of technology, countries like China, Japan and now India are providing parts to the world. But let us tell you that Vietnam is ahead of China and India. Especially talking about technology exports, Vietnam’s export share in this sector is 40 percent. While China’s share is 30 percent. On the other hand, if we talk about India, India is still standing at only 10 percent. Now in such a situation, if India wants to break the back of China, then it should learn from Vietnam and by fulfilling the needs of its neighboring small countries, India can make this dream come true.
Not China, Vietnam is the king of mobile segment
You must be thinking that China has no break in the smartphone segment. So for your information, let us tell you that Vietnam is a country from where all top brand mobile phones are exported. There are many brands including Samsung, LG, Nokia, HTC, Apple, Sony which Vietnam exports to other countries. Not 1, 2 but 40 smartphone brands are exported from Vietnam to other countries.