High demand buoys rubber export prices in 2024
Vietnam posted a year-on-year increase of 18% in rubber exports to earn 3.4 billion USD in 2024 despite a 6% decline in volume to 2 million tonnes, primarily driven by high prices.
Vietnam’s rubber export predicted to exceed 11 bln USD
The Vietnam Rubber Association (VRA) is bullish about the prospects for the rubber industry in 2025, forecasting 10% annual growth in export revenue to over 11 billion USD.
Vietnam to play a greater role in global commodity exchanges
The Mercantile Exchange of Vietnam (MXV) is to play an increasingly important role in global trade with changes in the Southeast Asia economy's supply and demand impacting the listed prices of commodities on global exchanges, said trade experts at a workshop held in Hanoi on May 17.
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