Restructuring essential for rubber sector Business

Restructuring essential for rubber sector

Vietnam’s rubber industry is predicted to encounter prolonged difficulties in the time ahead and as such, it must focus on restructuring to increase the added value of products and reduce raw material export, said General Secretary of the Vietnam Rubber Association Vo Hoang An.

Global price slump hits domestic rubber exports

Vietnam’s rubber exports fell sharply during the first half of 2013, plunging 19.2 percent in value and 5 percent in volume against the same period last year, according to the Ministry of Industry and Trade.

Rubber exports bounce to record level on high demand

The quality of the country's natural rubber exports must improve in order to be competitive in the global market, which has high demand for the product, experts said at a conference organised by the Vietnam Rubber Association in HCM City on May 12.