Friday, September 30, 2022 3:59:51 PM - Markets open
VN-INDEX 1,132.11 +6.04/+0.54%
HNX-INDEX 250.25 +0.84/+0.34%
UPCOM-INDEX 84.96 -0.26/-0.31%
Vietnam’s rubber exports rise sharply
Vietnamplus - 6/8/2022 4:56:52 PM
 (0 ratings. You must sign in to rate.)
Vietnam exported around 110,000 tonnes of rubber worth 181 million USD in May, up 40.4 percent in volume and 27.9 percent in value against the previous month.
 
The figures also represented year-on-year increases of 33.1 percent in volume and 26.4 percent in value, the Agency of Foreign Trade at the Ministry of Industry and Trade cited statistics by the General Department of Vietnam Customs as showing.
 
Rubber export price averaged 1,645 USD per tonne in May, down 8.9 percent against April and 5 percent as compared with the same period last year.
 
In the first five months of this year, the country shipped abroad 595,000 tonnes of rubber valued at 1.04 billion USD, up 8.1 percent and 12 percent year-on-year, respectively.
 
China was the biggest buyer of Vietnamese natural and synthetic rubber, with hikes seen in both volume and value in the first months.
 
The Association of Natural Rubber Producing Countries (ANRPC) forecast that the global rubber demand will increase in the time ahead due to loosened travel restrictions and the reopening of borders by countries, helping to resume economic activities.
VNA
 
Read original article here
 
Newer News
28/09 PM calls for faster disbursement of public funds
28/09 Wood processing sector eyes digital transformation despite hurdles
28/09 Việt Nam retains positive economic outlook in short-term: World Bank
28/09 Dim outlook for domestic auto component industry
23/09 Total fishery output reaches 6.75 million tonnes in nine months
17/09 Bright outlook for economy despite challenges
14/09 UKFTA promotes quality FDI flow to VN
13/09 Indices struggle on rising selling force
13/09 Economists petrol stabilisation fund to be scrapped
09/09 IMF optimistic about Việt Nam's economic growth
Older News
06/06 Domestic firms to receive consultations on wooden furniture export to Canada
06/06 Việt Nam's new project investment abroad doubles in five months
01/06 Fishery export declines in May
01/06 Petrol prices up over 900 VND per litre
30/05 Việt Nam's five month FDI disbursement up
25/05 Steel prices cool down as input costs drop
20/05 MoIT stops anti-dumping duties on galvanised steel from South Korea and China
18/05 PM urges US businesses to invest in tourism and trade in Vietnam
16/05 Keeping CPI below 4 pct this year a challenge: Economist
11/05 FDI – bright spot of Việt Nam’s economy amid COVID-19
 
Newsletter Signup
Top Stories
Việt Nam retains positive economic outlook in short-term: World Bank
Reference exchange rate up 13 VND on Sept 14
Việt Nam one of world's best performing stock markets in August
Securities companies’ race heats up amid low market liquidity
GEG: Japanese firm buys 35.1 per cent stake in Việt Nam’s power company
Market Update
Last updated at 3:05:04 PM
VN-INDEX 1,132.11 +6.04/+0.54%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.