Haohua''s tyre factory, with an investment of US$500 million, has officially commenced its first phase of operations in Hớn Quản District, Bình Phước Province.
According to organisers, the event will help trade opportunities, introduce advanced products, materials and technologies, meeting the production and business needs of domestic enterprises.
In October, Việt Nam shipped 7,260 tonnes of rubber to Malaysia, generating US$11.47 million in revenue, marking an impressive year-on-year increase of 861 per cent in volume and 1,240 per cent in value.
Cutting-edge technologies and innovations are on display at the 22nd Vietnam International Plastics & Rubber Industry Exhibition that opened in HCM City on Wednesday.
The global shortage of natural rubber is driving a significant increase in rubber prices, creating favourable conditions for the Việt Nam Rubber Group.
From QR codes on products to re-using water at factories, many rubber companies are applying green credentials in order to secure export orders and also cut costs.
Four annual international exhibitions, Paper Vietnam, Rubber and Tyre Vietnam, Coatings Expo Vietnam, and Plastech Vietnam, will be held in HCM City from June 12 to 14.
Local rubber tire producer, Đà Nẵng Rubber joint-stock Corporation and Oceanside One Trading company from Brazil have inked an agreement on rubber tire distribution contract in Brazil and the US market, promising an increase in export turn-over from US$70 million...