Facing difficulties and challenges due to weak recovery of the world economy and...

Facing difficulties and challenges due to weak recovery of the world economy and a slow growth in the rubber market, Vietnam's rubber industry continues to promote trade promotion by actively participating in Expo.

Vo Hoang An, vice chairman and general secretary of the Vietnam Rubber Association, said that the rubber industry in Vietnam has just experienced a 2016 with many difficulties for five consecutive years when the price of natural rubber decreased. Customary since 2012.
However, along with the growth of domestic rubber production and imported rubber from investment projects in Laos and Cambodia, Vietnam's natural rubber exports in 2016 reached 1,254,248 tons, an increase. 10.3% and is the highest export ever. As a result, despite the price reduction, natural rubber export turnover of Vietnam still increased 9.2% compared with 2015 and reached 1.67 billion USD.
In the first four months of 2017, the export volume of rubber exports in Vietnam reached about 301 thousand tons, valued at $ 611 million, down 5.4% in volume but up 66%. Currently, China, South Korea and Malaysia are the three largest rubber consuming markets of Vietnam in the first months of 2017.
Mr. Vo Hoang An said that with the challenges and difficulties caused by the weak global economic recovery and slow growth of the rubber market, Vietnam's rubber industry has made great efforts to cope with the price period. Low persistence and persistence develop in a sustainable way.
Accordingly, the industry has been producing three main product groups: natural rubber materials, rubber and rubber wood products to increase export value and reduce trade deficit.
In addition, in order to continue to develop and enhance the value of the Vietnamese rubber industry, the Association and enterprises in the sector continue to promote rubber products to export markets and domestic markets. plate.
Trade promotion activities are carried out in various forms such as product introduction, brand promotion, participation in trade fairs. In particular, trade fairs and exhibitions are considered as a powerful and effective tool for Vietnamese enterprises. Here, enterprises have the opportunity to introduce new products and technologies, directly contact with consumers and businesses at home and abroad to expand the market as well as quickly find customers, Its brand.
According to Vo Hoang An, in the year 2017, the Vietnam Rubber Association will increase its participation in the specialized rubber trade fairs in the country as well as internationally. Specifically, on 13 - 15/6/2017, the Association and enterprises will participate in the international exhibition rubber and tire (Rubber & Tire Vietnam 2017) in HCMC. Ho Chi Minh.
Through this exhibition, the rubber industry has the opportunity to evaluate and compare competencies with competitors as well as find suitable partners. In particular, businesses can also become import / distribution agents for international partners.
"With the mission of supporting members and businesses in the rubber sector to seek business cooperation opportunities - investing, adding new customers and expanding export markets, we will further step up our activities. Promote trade by participating in the exhibition in the future, "said An.