Rubber latex processing plant inaugurated in Son La
The Vietnam Rubber Group (VRG) held a ceremony to inaugurate its rubber latex processing plant in Thuan Chau district in the northern mountainous province of Son La on December 26.
Son La (VNA) – The Vietnam RubberGroup (VRG) held a ceremony to inaugurate its rubber latex processing plant inThuan Chau district in the northern mountainous province of Son La on December26.
The construction of the plant started in early2018 with total investment of nearly 110 billion VND (4.7 million USD).
Covering nearly 16 hectares in Thuan Chau’s TongLenh commune, the plant is designed to have a processing capacity of 9,000tonnes of rubber latex per year.
The project was divided into two phases with thefirst one with annual capacity of 6,000 tonnes. The second phase isscheduled to be inaugurated in 2020 with capacity of 3,000 tonnes per annum.
According to Director of the Son La Rubber JointStock Company Ho Anh Duc, when the factory is put into operation, it willincrease the value of rubber latex four times from about 10 million VND (429USD) per tonne to 40 million VND (1,717 USD) per tonne.
It also helps generate jobs for over 200workers, he added.
At present, Son La has over 6,000 hectares ofrubber, including over 2,300 hectares for harvesting. In 2018, theprovince’s rubber latex output was estimated at over 5,000 tonnes.
Chairman of the provincial People’s CommitteeCam Ngoc Minh said the development of rubber trees will help increase the forestcoverage, minimise flash floods, and reduce poverty.
He asked the Son La Rubber Joint Stock Companyto quickly complete the waste treatment project and closely work with localauthorities and farmers to ensure effective business and environmentalprotection.
The plant will be operated 10 months in a year.This is the first latex processing plant in the northwestern region after morethan 10 years of developing rubber trees.-VNA
Vietnam’s rubber exports are estimated to reach 1.8-2 billion USD in 2010 as export prices continue rising to over 4,000 USD per tonne, said Vice President Tran Ngoc Thuan of the Vietnam Rubber Association (VRA).
In 2014, the Vietnam Rubber Group (VRG) will purchase an additional 11,220 hectares of rubber trees in Cambodia as it strives to gain 100,000 ha in the neighbouring country, according to VRG General Director Tran Ngoc Thuan.
The Quasa-Geruco joint stock company, a subsidiary of the Vietnam Rubber Industry Group (VIRG) which is operating in Laos, hosted a ceremony in Savannakhet province on May 6 to mark the start of its first rubber latex production programme in the country in 2014.
The Hanoi University of Science and Technology (HUST) has decided to establish a centre for rubber science and technology in order to further contribute to the development of Vietnam’s rubber industry
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.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
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.