Over nearly 17 years of investment in Kampong Thom province, Vietnamese rubber companies have played an active role in transforming local project areas, accelerating economic development, improving rural infrastructure, and generating stable employment for approximately 10,000 Cambodian workers.

VOV.VN - Lao Prime Minister Sonexay Siphandone met with leaders of the Vietnam Rubber Group (VRG) in Ho Chi Minh City on February 22, urging the company to expand its investment in industrial rubber processing in Laos.

As many as 21 Vietnamese rubber enterprises have been branded with the trademark “Vietnam Rubber”, which was registered for the protection of intellectual property in China, India, Taiwan (China), Laos, and Cambodia.

Vietnam ranked third in the world in terms of rubber export value, raking in US$3.24 billion in 2021, up 36.2% from the previous year, the Ministry of Agriculture and Rural Development (MARD) said.

VOV.VN - The nation must improve the scale and quality of investment in Cambodia, while promoting a new wave of investment in the neighouring country, especially in potential fields such as real estate, construction, agriculture, retail, tourism, and entertainment.

As a bear market for rubber is anticipated in 2021, Vietnamese rubber companies have edged down their profit targets for the year.

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).