Vietnam – fourth biggest rubber supplier of RoK

Vietnam – fourth biggest rubber supplier of RoK

Vietnam was the Republic of Korea (RoK)’s fourth largest supplier of rubber in the first two months of 2023, according to the Import-Export Department under the Ministry of Industry and Trade.
The rubber industry needs a long-term plan for more sustainable development

The rubber industry needs a long-term plan for more sustainable development

VCN - Vietnam's rubber industry is facing many internal problems that may threaten its sustainable growth in the future when the pressures from the market are increasing day by day. Therefore, it is necessary to develop a long-term plan as a basis for cap
Rubber export to face difficulties toward year-end

Rubber export to face difficulties toward year-end

Difficulties for Vietnam's rubber export remain in the fourth quarter as the US dollar has entered a bullish cycle as a haven against inflation, said the Ministry of Industry and Trade’s Department of Import-Export Management.
Rubber export to face difficulties toward year-end

Rubber export to face difficulties toward year-end

Difficulties for Vietnam's rubber export remain in the fourth quarter as the US dollar has entered a bullish cycle as a haven against inflation, said the Ministry of Industry and Trade’s Department of Import-Export Management.
Rubber exports hit US$320 million in August

Rubber exports hit US$320 million in August

Vietnam exported around 210,000 tonnes of rubber worth US$320 million in August, up 6.9% in volume and 0.3% in value against the previous month.
Market trend changes and how to export rubber sustainably?

Market trend changes and how to export rubber sustainably?

Rubber consumption in the world is changing. Regulations on the legality and sustainability the import raw materials to create products are increasingly strict.
Rubber industry escapes excess supply, firms divided on profit outlooks

Rubber industry escapes excess supply, firms divided on profit outlooks

Analysts forecast bright prospects for the natural rubber industry this year, driven by increasing global demand which has helped the industry escape the prolonged excess supply, while firms were divided on their profit outlooks.
Mixed profit targets for rubber businesses despite price hikes

Mixed profit targets for rubber businesses despite price hikes

Both global synthetic and natural rubber prices are on an upward trend, but not all businesses in the industry are enough confident to set higher profit targets for this year.
Rubber industry experiences strong profit growth in 2021

Rubber industry experiences strong profit growth in 2021

Rubber is one of the industries posting good performance despite many sectors struggling due to the COVID-19 pandemic.
Vietnam ranks third worldwide in terms of rubber export value

Vietnam ranks third worldwide in terms of rubber export value

Vietnam ranked third in the world in terms of rubber export value, with 3.24 billion USD in 2021, up 36.2 percent from the previous year, the Ministry of Agriculture and Rural Development (MARD) said.
Vietnam’s rubber exports to India on sharp rise in 9 months

Vietnam’s rubber exports to India on sharp rise in 9 months

Vietnam was India’s fourth largest supplier of rubber during the first three quarters of this year, after Indonesia, the Republic of Korea, and Malaysia, according to the Ministry of Industry and Trade’s Agency of Foreign Trade.
Rubber companies enjoy rising earnings despite higher costs of materials

Rubber companies enjoy rising earnings despite higher costs of materials

Many Vietnamese rubber companies have reported positive second-quarter profits despite the rising price of materials needed to produce the popular commodity.
Rubber group looks to boost industrial zone development

Rubber group looks to boost industrial zone development

The Vietnam Rubber Group (GVR) targets to earn revenue and profit of 26.9 trillion VND (1.17 billion USD) and 4.56 trillion VND this year, respectively.
Rubber exports skyrocketing but worried because of reliance on China

Rubber exports skyrocketing but worried because of reliance on China

VCN - China - the leading market in Vietnam's rubber exports, has been changing rapidly in terms of import requirements. In more fastidious markets like the US, EU, Japan, and South Korea, the requirements on legality and sustainability for rubber product
Rubber exports bounce back

Rubber exports bounce back

The recent rise in rubber prices in the international market has allowed Vietnam’s rubber exports regain growth momentum in recent time, according to the General Department of Vietnam Customs.
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