Exports of natural rubber have increased significantly according to the Ministry of Agriculture and Rural Development.
Inthe first four months of 2015, the export volume for natural rubber hit259,000 tonnes, up by 37.7 percent compared to the same period lastyear.
However, export turnover only totalled 371 million USD, a 0.6 percent decline with an average price of 1,420 USD per tonne, which is 29.15 percent lower than last year.
In April, Vietnam exported 58,000 tonnes of natural rubber, generating 84 million USD.
Major markets include China, Malaysia and India, who account for 68.08 percent of Vietnam’s natural rubber market share.
Recently, domestic rubber prices have started to show signs of recovery, but prices are still lower than in early April 2015.
Inthe southern province of Binh Phuoc, the purchasing price for SVR 3Lrubber is around 29,900 VND (1.4 USD) per kilogramme. It sells on theSingaporean trade market and it’s offered on the Singapore CommodityExchange Sicom for 1,670 USD per tonne.-VNA
A Government Office notice on the Deputy PM’s conclusions at a recent meeting to review construction progress of the plants stressed that accelerating the development of power sources is essential and urgent to ensure energy security and meet the demands of two-digit socio-economic growth in the coming period.
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As the most significant and high-profile event in the global logistics industry, FIATA World Congress 2025 is expected to gather over 1,200 delegates from more than 150 countries.
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Huynh Tan Khanh, Secretary of the Party Committee of Ganh Hao, noted that the town strictly follows anti-IUU fishing directives and has partnered with local agencies to organise six awareness campaigns attended by nearly 500 fishermen. Some 130 boat owners and captains have also signed commitments to follow legal requirements and avoid entering foreign waters.
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The Vietnam National Petroluem Group (Petrolimex) had acted early to mitigate risks amidst the recent surge in global oil prices driven by the Israel–Iran conflict, Vietnam News Agency cited a Petrolimex representative as saying.
