Vietnam was India’s second largest supplier of rubber during the first five months of this year, according to data released by the Ministry of Industry and Trade’s Agency of Foreign Trade.
The first five months of the year witnessed the Sri Lankan market abruptly increase rubber imports from Vietnam with a growth of 435.7% in volume and 530.5% in value.
The 12th Hanoi plastics and rubber industry exhibition (HanoiPlas) 2024 kicked off at International Center for Exhibition in Hanoi on June 5, attracting more than 200 exhibitors from 13 countries and territories globally.
There remains plenty of room ahead to grow Vietnamese rubber exports to the United States amid the nation’s share of the rubber market in the US has seen gradual improvement.
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.
