Opportunities for rubber market expansion.
Information from companies specializing in supplying sustainable natural rubber to tire manufacturers, fashion brands, medical equipment companies, etc., many of whom are looking to purchase sustainable natural rubber in Vietnam. This is a significant opportunity that the Vietnamese rubber industry needs to seize.
Russia unexpectedly increased its import of a Vietnamese commodity by four times in the first eight months of the year. Vietnam's exports ranked third globally.
Russia has unexpectedly increased its imports of a Vietnamese commodity by four times in the first eight months of the year, with Vietnam's exports ranking third globally.
How can Vietnamese rubber products penetrate the European market?
The potential for exporting rubber products to the European market is substantial, but to penetrate these countries, Vietnamese enterprises must have Forest Stewardship Council (FSC) certification as well as comply with labor and environmental standards.
Stocks plummet, Dak Lak Rubber (DRI) sets a pre-tax profit target reduced by 38% for 2020.
The Board of Directors of DRI also presented to the Annual General Meeting of Shareholders the proposal to continue registering the Company's shares on the Ho Chi Minh City Stock Exchange in 2020-2021 when conditions are met.
Rubber exports saw a sharp increase of almost 145% in the first half of February 2020.
During the initial 15 days of February 2020, the total rubber exports of the country amounted to 42.69 thousand tons, valued at 62.43 million USD, marking a 144.9% increase in volume and a 139.3% increase in value compared to the preceding 15 days.
