Chairman of Vietnam Rubber Association Tran Ngoc Thuan and his Lao counterpart Bounthong Buahom have recently signed a Memorandum of Understanding (MoU) on boosting the sustainable development of the rubber industry in the two countries.
As the COVID-19 pandemic recedes, Vietnam's rubber industry faces challenges from both the world market and internal factors that hinder the industry’s competitiveness.
VOV.VN - The 20th edition of the Vietnam International Plastics & Rubber Industry Exhibition (VietnamPlas 2022) kicked off on November 23 at the Saigon Exhibition and Convention Center (SECC) in District 7 of Ho Chi Minh City.
While many exporters and producers had orders for 2022, they are worried about a possible shortage of production materials because of supply disruptions from China.
Vietnam's rubber industry needs to develop its production chain to meet the increasing demands of export markets, especially fastidious markets such as Europe and the US, according to experts.
Sustainable latex production is important for Vietnam’s rubber industry, and the country should focus on getting rubber plantations to obtain certifications on sustainability, experts have said.