Work on 2.36 million USD rubber processing plant in Dien Bien starts
The construction of a rubber processing plant, worth 60 billion VND (over 2.36 million USD), began on May 22 in the northern province of Dien Bien province's Hua Thanh commune.
Upturn seen in rubber exports in seven months
Rubber exports in the first seven months of this year rose in both volume and value, according to the import-export Department under the Ministry of Industry and Trade.
Rubber industry faces falling export price
The average export price of Vietnamese rubber fell in tandem with the global price, affected by the escalating US-China trade war, according to the Agro Processing and Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development.
Rubber export revenue picks up 39 percent
Vietnam earned more than 2 billion USD from exporting 1.2 million tonnes of rubber during January-November, up 39 percent in value and 8.4 percent in volume, according to the General Department of Vietnam Customs.