Made-in-Vietnam tyres have been rolling in 128 countries and territories worldwide, according to Vice President of the Vietnam Rubber Association (VRA) Vo Hoang An.
Made-in-Vietnam tyres have been rolling in 128 countries and territories worldwide. (Photo: thoibaotaichinhvietnam.vn)
Hanoi (VNA) – Made-in-Vietnam tyres have been rolling in 128 countriesand territories worldwide, according to Vice President of the Vietnam RubberAssociation (VRA) Vo Hoang An.
Last year, the country earned 920 million USD from tyre exports, up 44.2percent from 2016. Local tyre production enjoyed a trade surplus of 564 millionUSD in 2017, doubling the amount gained in the previous year.
Highest export revenue was recorded in the exports of passenger car tyres with591.5 million USD (accounting for 64.3 percent), followed by truck tyres with146.2 million USD (15.9 percent), motorbike tyres with 77 million USD (8.4percent) and bike tyres with 6.4 million USD (6.6 percent).
The top 10 leading tyre exporters in the country included two domesticcompanies: the Southern Rubber Industry Joint Stock Company (Casumina) andDanang Rubber Company (RRC).
Some 424,000 tonnes of rubber were shipped abroad at a value of 620 million USDin the first five months of the year, up 17.4 percent in volume but down 12.4percent in value as compared to the same period in 2017.
China, India and Malaysia are the three largest rubber consumption markets ofVietnam. They make up market shares of 58.1 percent, 7.5 percent and 4.6percent, respectively.
Report from the VRA showed that Vietnam was home to 971,600 hectares of rubberwhich yielded more than 1.08 million tonnes of rubber latex in 2017, accountingfor 8.3 percent of the world’s total production.
Besides rubber products, the rubber sector brought home 2.25 billion USD from theexport of rubber latex and 1.9 billion USD from rubber wood exports.-VNA
The Vietnam Rubber Group (VRG) targets an 8 percent rise in revenues and 33 percent rise in pre-tax profits this year, VRG Deputy General Director Nguyen Tien Duc has said.
Domestic and foreign firms operating in the fields of rubber, paper, coatings and paper ink are displaying their products at international expositions that synchronously kicked off in Ho Chi Minh City on June 13.
Rubber businesses should devise sustainable development strategies to maximise opportunities generated by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), experts said at a workshop in Ho Chi Minh City on June 14.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
Made-in-Vietnam tyres have been rolling in 128 countries and territories worldwide.
