VOV.VN - The nation was the 11th largest rubber supplier to the United States, with 21,010 tonnes of rubber worth US$37.14 million exported during the first half of the year, an annual rise of 54.4% in volume and 81.8% in value, according to the Ministry of Industry and Trade.
Two Vietnamese companies, namely the Northern Power Corporation of Vietnam (EVNNPC) and the Dau Tieng Rubber Corporation of Vietnam - have been presented ASEAN – Occupational Safety and Health Network (OSHNET) Awards.
VOV.VN - Vietnam raked in US$1.15 billion from exporting approximately 681,000 tonnes of rubber in the first half of the year, with China continuing to increase rubber imports from the country, according to the Import-Export Department under the Ministry of Industry and Trade.
VOV.VN - Vietnam's rubber market share in Taiwan (China)’s total rubber imports during the opening five months of the year witnessed an upward trajectory compared to the same period from last year, according to details given by the Ministry of Industry and Trade.
VOV.VN - Vietnam exported 548,000 tonnes of rubber worth US$923 million during the opening five months of the year, up 58.7% in volume and 94% in value compared to the same period last year, according to the Ministry of Industry and Trade.
VOV.VN - Vietnam exported 486,000 tonnes of rubber worth US$817 million during the past four months of the year, representing a year-on-year increase of 79.6% in volume and 111.6% in value compared to the same period from last year, according to data release by the Ministry of Industry and Trade.
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.
VOV.VN - Vietnam exported a total of 1.36 million tonnes of rubber worth a total of US$1.83 billion to China last year, representing an increase of 17.4% in volume and a rise of 18.1% in value, according to the General Department of Vietnam Customs.
As a bear market for rubber is anticipated in 2021, Vietnamese rubber companies have edged down their profit targets for the year.
Major Vietnamese tyre exporters have not dumped passenger tyres in the US, according to the US Department of Commerce (DOC)’s latest affirmative preliminary anti-dumping duty determinations for passenger vehicle and light truck tires from the Republic of Korea, Taiwan, Thailand, and Vietnam.