The Vietnam Rubber Group JSC (VRG) plans to invest in tyre and tube production via mergers and acquisitions (M&As) over affiliate companies of the Vietnam Chemical Group (Vinachem).
Forty-five kids’ playgrounds will built in 20 disadvantaged localities starting from next month, a signing ceremony between the Ho Chi Minh Young Pioneer Organisation (HYPO)’s Council and the Southern Rubber Industry Company in Hanoi on September 28 heard.
The export of many agricultural products, especially industrial crops such as pepper, rubber, tea, and cashew nuts, fell remarkably from January to July due to the COVID-19 pandemic.
Thailand's natural rubber industry is likely to remain depressed this year despite a sharp rise in demand for protective rubber gloves driven by the COVID-19 pandemic.
The US Department of Commerce (DOC) has announced an investigation into alleged dumping of tyre imports from Vietnam, according to the Ministry of Industry and Trade (MoIT).
Authorities in the central city of Da Nang have adopted a series of measures to bolster its post-pandemic economic development, focusing on attracting investment, promoting production, business, and exports, stimulating domestic tourism and consumption, and addressing difficulties facing key projects.
Cambodia exported 53.05 tonnes of rubber in the first quarter of 2020, a year-on-year increase of 10 percent, earning 75.34 million USD, according to the General Directorate of Rubber under the country's Ministry of Agriculture, Forestry and Fisheries.
The Vietnam Rubber Industry Group (VRG) will invest in three more processing factories in the northern region as the rubber output is expected to increase in the coming time.
As many as 706 enterprises, 85 percent of 832 listed companies on the Vietnamese stock market, generated profits during the third quarter of this year.
Three companies in the Central Highlands province of Dak Lak have been recognised by the Ministry of Industry and Trade (MoIT) as prestigious export businesses in 2018.
The Vietnam International Plastics and Rubber Industry Exhibition (VietnamPlas) opened on October 3 in HCM City, showcasing advanced technologies and machinery and equipment used in the plastics and rubber industry.
Vietnam's rubber exports fell in May due to China’s changing policies and fears over the US-China trade war, a representative of the Vietnam Rubber Group (VRG) has said.
Vietnam has presented its Labour, Independence and Friendship Orders and Medals to two collectives and 23 individuals of Russia in recognition of their contributions to the maintenance of President Ho Chi Minh’s remains.
The Board of Investment (BoI) of Thailand recently approved five investment projects worth a total of 40.46 billion THB (nearly 1.3 billion USD) during a meeting chaired by Prime Minister Prayut Chan-o-cha, reported Thai media on February 26.
Vietnam earned 220 million USD from shipping 175,000 tonnes of rubber abroad in January, up 10.8 percent in value and 28.9 percent in volume compared to the same month last year.
Vietnam exported about 1.58 million tonnes of rubber in 2018 – worth 2.1 billion USD and up 14.5 percent in volume, but down 6.6 percent in value year-on-year, the General Department of Vietnam Customs reported.
Rubber producers must develop specific risk management strategies, which cover market risks and product legality, in order to avoid getting hurt by the current US-China trade tensions, according to To Xuan Phuc, a senior policy analyst from Forest Trends.
The rubber industry of Vietnam is facing a dire need to better adapt itself to the market situation as it is likely to be affected by the US-China trade tension that is forecast to not end soon.
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