VOV.VN - The 12th Hanoi plastics and rubber industry exhibition (HanoiPlas) 2024 kicked off at International Center for Exhibition in Hanoi on June 5, attracting more than 200 exhibitors from 13 countries and territories globally.
VOV.VN - There remains plenty of room ahead to grow Vietnamese rubber exports to the United States amid the nation’s share of the rubber market in the US has seen gradual improvement.
Local rubber tire producer, Da Nang Rubber joint-stock Corporation and Oceanside One Trading company from Brazil have inked an agreement on rubber tire distribution contract in Brazil and the US market, promising an increase in export turn-over from US$70 million to US$150 million per year.
Vietnam shipped 110,000 tonnes of rubber abroad last month, earning more than US$160 million, according to the Ministry of Agriculture and Rural Development (MARD).
There is great potential for Vietnam to increase its agricultural, forestry, and aquatic exports to the US, particularly when the quality and competitiveness of its products are improved.
The Mercantile Exchange of Vietnam (MXV), the only national centralised commodity trading market organiser in Vietnam, has said that it will focus on building specialised commodity trading floors in the coming time.
VOV.VN - Vietnam raked in US$2.89 billion from exporting 2.14 million tonnes of rubber last year, suffering a fall of 0.04% in volume and 12.7% in value compared to the figure from 2022, according to details given by the Ministry of Industry and Trade.
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.
VOV.VN - Vietnam raked in US$2.51 billion from the export of 1.87 million tonnes of rubber during the 11-month period of this year, down 0.2% in volume and 14.9% in value compared to the same period from last year, according to the General Statistics Office (GSO).
VOV.VN - Vietnam emerged as the second largest supplier of rubber to China during the opening eight months of the year with 976,100 tonnes worth US$1.3 million, according to statistics from China's customs authorities.