VRG

Update news VRG

Locals tire of slow progress of rubber plantations

The decision to contribute land for rubber plantations has turned out to be a heavy burden on Son La’s people. What scientists had warned about has come true: both output and latex quality are below expectations.

Chinese rush to Vietnam to collect rubber wood

VietNamNet Bridge - Chinese businessmen have flocked to Vietnam to collect rubber wood and control 80 percent of rubber wood market share in the Central Highlands.

Vietnam’s rubber industry encounters ‘white crisis’

VietnamNet Bridge - A sign of the times: The rubber price has fallen to $1,500 per ton from the highest peak of $4,000-5,000 per ton gained in 2011. 

Rubber industry losses continue

VietNamNet Bridge - The figures released by the General Department of Customs (GDC) show significant problems for Vietnam’s rubber industry: the more it exports, the less money it gets.

Chinese, Thai manufacturers eye Vietnamese tire market

VietNamNet Bridge - Vietnamese tire manufacturers now can benefit from a drop in natural rubber prices but they have to compete fiercely with Chinese and Thai colleagues.

SOE restructuring still far from finish line

VietNamNet Bridge – Restructuring of State-owned enterprises (SOE) is moving at a snail’s pace and it will take many more years until the process is completed,