Vietnam is expected to export about 800,000 tonnes of rubber and earn US$3 billion in revenue in 2011 as its yearly rubber output has increased by about four percent, according to the Vietnam Rubber Association. Economists predict that rubber prices will not drop to below US$4,000 per tonne as three major rubber manufacturers Thailand, Indonesia, [...]
Cambodian authorities will continue to create favourable conditions for the Vietnam Rubber Group (VRG) to implement projects signed by the two countries’ leaders in the spirit of friendly cooperation for the benefit of the two peoples. Vice President of National Assembly of Cambodia , Nguon Nhel, made the statement at the reception for VRG General [...]
Vietnam will put environmental taxes on environmental pollutants or on goods whose use produces such pollutants, including gasoline, oil, grease, coal and plastic bags, starting on the first day of 2012, a highly experienced tax specialist said Wednesday. Nguyen Thi Cuc, chairwoman of the Vietnam Tax Consultants’ Association, former deputy head of the General Tax [...]
Supermax Corp Bhd, the world’s second largest rubber glove maker, may expand to Vietnam and Indonesia in the future on cost and labour factors. There are abundant availability of raw materials and labour supply in the two countries, senior Supermax executives said. Thailand, Indonesia, Malaysia and Vietnam are the world’s top four natural rubber producers [...]
Japan based Marubeni Corp has signed a contract worth more than US$37.5m supplying raw materials for Vietnam’s Dinh Vu polyester fibre plant in the northern port city of Hai Phong, including 18,000 tones PTA and 9,000 tones MEG. These materials are served for trial running of the plant, which is planned to start official operations [...]
Vietnam, the fourth-biggest rubber exporter in 2010, may ship 50,000 tons this month, according to figures today from the General Statistics Office in Hanoi. The nation shipped 35,000 metric tons in May, 13 percent lower from a previous assessment of 40,000 tons, revised figures from the Statistics Office show. Exports in the first half of [...]
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