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Vietnam's IT trade up in 2006 
HANOI, July 12 (Xinhua) -- Vietnam earned over 1.2 billion U.S. dollars from exporting information technology (IT) products and spent 1.4 billion dollars on importing them in 2006, up 18.3 percent and 13.9 percent against 2005, respectively, a local industry association told Xinhua on Thursday.

Of the 1.4 billion dollars, over 800 million dollars were spent on importing components for producing export goods, and the rest on importing items to serve the domestic market, said the Ho Chi Minh City Computer Association.

Last year, Singapore was the biggest IT exporter for Vietnam with revenues of 471 million dollars, followed by Japan with 399 million dollars, China's Hong Kong with 135 million dollars, Chinese mainland with 121 million dollars, and China's Taiwan with 104 million dollars.

Vietnam spent 30 million dollars on importing software in 2006, up from 18 million dollars in 2005, the association said, predicting that the country's software import turnover will surge in the coming years.

In 2006, Canon Vietnam earned 650 million dollars from exporting printers, having the biggest export turnovers not only in the domestic IT industry but also in all other industries in Vietnam.

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