Keyword: "rubber"

According to the Vietnam Pepper and Spice Association, the country exported 28,000 tonnes of pepper during this period, generating an impressive revenue of 188.7 million USD.

The total export turnover of Vietnam's rubber industry is projected to exceed 11 billion USD, marking a growth of around 10% compared to 2024. The sector has also leveraged the sustainable value of environmentally friendly and recycled raw materials.

Vietnam’s rubber export is forecast to hit 11 billion USD in 2025, marking a yearly growth rate of 10% .

Rubber prices stayed high in the final months of last year based on limited global supply and high demand, according to Deputy General Director of the Mercantile Exchange of Vietnam Nguyen Duc Dung.

All Vietnam's rubber’s top 15 export markets saw growth in export values in 2024, with Malaysia recording the highest increase, expanding fivefold, followed by Sri Lanka at 3.7 times, according to the Vietnam Rubber Association (VRA).

Experts believe that European Union’s Regulation on Deforestation-free Products (EUDR) compliance will not only elevate export standards but also provide an opportunity to transform Vietnam’s agriculture, making it more sustainable and transparent, and aligning it with the country’s international commitments to green growth.

Vietnam’s rubber exports topped 1.7 billion USD in the first eight months of 2024, statistics show.

The Vietnam Rubber Group Joint Stock Company (VRG) organised a sports event for its Vietnamese and Cambodian workers in Cambodia’s Kampong Thom province from June 24 to 26.

More than 200 exhibitors from 13 countries and territories have gathered to showcase the latest technologies and products at the 12th Hanoi International Plastics & Rubber Industry Exhibition (HanoiPlas 2024) which officially started in the capital city on June 5.

Although Vietnam’s rubber market share in the US remains modest, the potential for the export of the product to the North American country is huge, according to the Agency of Foreign Trade (AFT) under the Ministry of Industry and Trade.

In February 2024, Vietnam exported 110,000 tonnes of rubber worth over 160 million USD. This figure contributed to the country’s total rubber exports of 320,000 tonnes, valued at over 450 million USD during the first two months of the year.

The Ministry of Agriculture and Rural Development is aiming for Vietnam’s total rubber plantation area to reach some 800,000 - 850,000 ha by 2030, with 100% of rubber latex and wood to obtain planting area codes for product origin traceability.

Plastics & Rubber Vietnam 2023, an international plastics & rubber technologies and materials exhibition, kicked off at the International Centre for Exhibition in Hanoi on July 25.

Chairman of Vietnam Rubber Association Tran Ngoc Thuan and his Lao counterpart Bounthong Buahom have recently signed a Memorandum of Understanding (MoU) on boosting the sustainable development of the rubber industry in the two countries.

The 11th Hanoi International Plastic, Rubber, Printing, and Packaging Industry Exhibition (Hanoi PlasPrintPack 2023) was opened in Hanoi on June 8, attracting 200 companies with 340 booths.

Four international exhibitions, Paper Vietnam, Rubber and Tyre Vietnam, Coatings Expo Vietnam, and Plastech Vietnam, will be held in Ho Chi Minh City from June 14 to 16.

A scheme worth 7.6 billion THB (215 million USD) has been approved by the cabinet of Thailand to guarantee rubber prices for 1.6 million farmers registered with the country’s Rubber Authority.

Agro-forestry-fishery exports stood at over 49 billion USD in the first 11 months of 2022, higher than last year’s record of 48.6 billion USD, the Ministry of Agriculture and Rural Development said.

Trade turnover between Vietnam and Laos hit 1.22 billion USD in the first nine months of 2022, up 29% year-on-year.

Experts have said that great market opportunities will open for Vietnam if sustainable natural rubber production receives adequate Government support with enterprises determined to follow sustainable development.