To reach the export target, the rubber sector needs to focus on various measures tailored to each key market such as the European Union (EU), with an emphasis on high-quality products that comply with the EU Deforestation Regulation (EUDR), starting...
Since late February, natural rubber prices have ped sharply by over 17 per cent, sliding from 375 Japanese yen (US$2.60) per kg to around 310.7 ($2.15) per kg on June 30.
The 18th International Processing & Packaging Exhibition and the 12th International Plastics & Rubber Industry Exhibition opened on Tuesday in HCM City.
The rubber sector''s resurgence is characterised by strong fundamentals and strategic opportunities, positioning it well for future growth in the Vietnamese stock market.
Haohua''s tyre factory, with an investment of US$500 million, has officially commenced its first phase of operations in Hớn Quản District, Bình Phước Province.
According to organisers, the event will help trade opportunities, introduce advanced products, materials and technologies, meeting the production and business needs of domestic enterprises.
In October, Việt Nam shipped 7,260 tonnes of rubber to Malaysia, generating US$11.47 million in revenue, marking an impressive year-on-year increase of 861 per cent in volume and 1,240 per cent in value.
Cutting-edge technologies and innovations are on display at the 22nd Vietnam International Plastics & Rubber Industry Exhibition that opened in HCM City on Wednesday.
The global shortage of natural rubber is driving a significant increase in rubber prices, creating favourable conditions for the Việt Nam Rubber Group.
From QR codes on products to re-using water at factories, many rubber companies are applying green credentials in order to secure export orders and also cut costs.