14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM

Vietnam targets US$3.3 billion rubber exports for 2025

Anh Kiet

Jul 03, 2025 / 09:40 PM

Vietnam's rubber industry needs to concentrate on a range of strategies customized for each major market.

THE HANOI TIMES — Vietnam has set a target of $3.3 billion in rubber exports in 2025, according to the Ministry of Agriculture and Environment (MAE).

Hình ảnh 1 — Workers process rubber for export at the Phu Rieng Company. Photo: VNA

To reach the annual target, Vietnam must earn an additional $2.1 billion in the second half, according to the MAE.

The ministry said the rubber sector needs to focus on various measures tailored to each key market, such as the European Union (EU), emphasizing high-quality products that comply with the EU Deforestation Regulation (EUDR) starting in 2026.

Efforts to develop EUDR-compliant production models are led by Vietnam Rubber Group’s plantations, while private firms like Mai Vinh, Viet Sing, and Thuan Loi work with smallholders and agents to build traceable, legal supply chains.

The MAE is promoting innovation in processing and quality improvement to help Vietnamese rubber products reach mid- and high-end markets in countries such as Spain and Italy, particularly in the fashion and household goods industries.

Financials, banks push Vietnamese stock market up for fourth day

02 Jul, 23:13

On July 2, the Vietnamese stock market rallied for a 4th consecutive day, thanks to momentum from banks and financial companies.

HanoiPrintPack 2025 showcases green packaging trends

02 Jul, 20:40

The event provides businesses with an opportunity to explore advanced printing and packaging technologies while engaging in sustainable development and industry networking.

Hanoi-Milan direct flight launched

02 Jul, 16:32

The launch of the Hanoi-Milan direct flight is expected to boost Vietnam's tourism and people-to-people ties amid rising Italian visitors to the Southeast Asian country.

Vietnam commits 3% budget to turbocharge AI and data economy

At least 3% of state budget spending will fund digital transformation, accelerating Vietnam’s shift toward a data-driven and AI-powered economy.

26 Feb, 02:46 PM

From labor-intensive to high-tech: Hanoi retrains for global edge

Raising the skill standards of high-tech workers is emerging as a decisive factor in strengthening Hanoi’s competitiveness as the capital accelerates its shift toward a knowledge-based industrial economy.

26 Feb, 09:28 AM

Hanoi craft villages resume production early, aiming for growth in 2026

After the Lunar New Year break, Hanoi’s traditional craft villages have quickly resumed production, fulfilled orders and prepared for new markets while blending heritage craftsmanship with modern technology to strengthen competitiveness and sustain growth in 2026.

24 Feb, 02:58 PM