Vietnam’s natural rubber exports in the first five months of this year reached a volume of 330,000 tonnes worth 475 million USD, according to the Ministry of Agriculture and Rural Development.
Vietnam’s natural rubber exports in the first five months of this yearreached a volume of 330,000 tonnes worth 475 million USD, according tothe Ministry of Agriculture and Rural Development.
The figure increased 30.1 percent in volume and decreased 2.9 percent in value compared to the same period last year.
In May alone, Vietnam exported 78,000 tonnes of rubber worth about 114 million USD.
In the first four months, China continued to be the largest importerof Vietnam’s rubber, accounting for 44.39 percent of the total exportvolume, followed by Malaysia and India.
Vietnam imported about160,000 tonnes of rubber worth 273 million USD in the first five months,up 29.6 percent in volume and 9.8 percent in value compared to the sameperiod of 2014.
In 2014, Vietnam exported more than 1 milliontonnes of natural rubber, valued at 1.78 billion USD, down 0.7 percentin volume and 28.4 percent in value from 2013 due primarily to plungingprices.
The country maintained the third and fourth positionsin the world in terms of natural rubber output and export value,respectively.-VNA
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
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Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
