Vietnam emerges as major supplier of rubber to EU

Monday, 18/09/2023 16:06
Vietnam made up the 12th largest non-bloc supplier of rubber to the EU during the first half of the year with 33,640 tonnes worth US$51.56 million, reported the Voice of Vietnam according to the statistical office of the European Union (Eurostat).

The figure represented a decline of 19.5% in volume and 40.3% in value compared to the same period from last year.

Vietnamese rubber market share as part of the EU's total rubber imports from non-bloc markets accounts for 3.04%, a slight increase compared to the figure of 2.98% recorded during last year’s corresponding period.

Among rubber providers outside of the EU bloc, Thailand, Ivory Coast, Indonesia, the United States, and the Republic of Korea were the five largest markets.

Throughout the reviewed period, the EU imported natural rubber, synthetic rubber, recycled rubber, and mixed rubber from markets outside the bloc, with both volume and value decreasing compared to the same period last year.

Vietnam is the fifth largest supplier of natural rubber to the EU, with 33,630 tonnes worth US$51.47 million, down 19.3% in volume and 40.2% in value year on year.

The market share of Vietnamese natural rubber in the total import volume of the EU market accounts for 6.41%, equivalent to the same period from last year.

Vietnam still ranks fourth among ASEAN members in terms of rubber market share in the EU bloc. According to the European Tyre and Rubber Manufacturers Association (ETRMA), European tyre market revenue dropped in the second quarter of the year

With the global economic recession coupled with rising costs due to inflation, ETRMA forecasts that tyre sales this year are anticipated to continue to fall, thereby significantly impacting local rubber exports to the EU market in the near future.

Local gymnasts bag three golds at aerobic Asian championships

Vietnamese gymnasts brought home three gold, three silver, and one bronze medals to top the medal tally at the eighth aerobic gymnastics Asian championships which concluded in Ulaanbaatar, Mongolia, on September 17, reported the Voice of Vietnam.

Vietnam top the medal tally at the eighth aerobic gymnastics Asian championships.

Two first gold medals went to Tran Ha Vi in the women’s singles, along with Le Hoang Phong and Tran Ngoc Thuy Vi in the mixed doubles.

A group of five gymnasts made up of Le Hoang Phong, Tran Ngoc Thuy Vi, Nguyen Che Thanh, Vuong Hoai An, Nguyen Viet Anh also won a gold medal.

Furthermore, the local gymnasts pocketed also three silver medals in the men’s singles, the mixed doubles, and the aerobic dance.

They claimed a bronze medal in the trio class.

The eighth Asian championships saw more than 200 athletes worldwide competing across different categories over three days in the Mongolian capital of Ulaanbaatar.

HCM City to host Vietnam International Woodworking Industry Fair

Over 320 exhibitors from 28 countries and territories will introduce their latest woodworking product lines and take part in various activities at the 15th Vietnam International Woodworking Industry Fair to be held in Ho Chi Minh City from September 20 to 23, reported Vietnam News Agency.

A booth at the 2022 Vietnam International Woodworking Industry Fair. This year's expo will be held in Ho Chi Minh from September 20 to 23. (Photo: VNA)

It will showcase comprehensive automatic production lines and wood system integration for driving the transformation of the Vietnamese woodworking industry, according to the organisers.

There will be eight themed pavilions from Austria, Canada, China, France, Germany, Italy, the US, and Taiwan (China).

The expo will also feature a livestream to showcase the latest technologies from Taiwan(China) and seminars on four key topics: smart factory, keep moving forward simple; green factories towards net zero carbon; machinery health management, smart maintenance; and EU Deforestation Regulation and green supply chains.

Speaking at a press conference earlier last week, Nguyen Chanh Phuong, deputy chairman of the Handicrafts and Wood Industry Association of HCM City (HAWA), said wood products exports were down nearly 26 per cent in the first eight months of this year to 8.3 billion USD.

But there have been signs of recovery since May, with exports topping 1.2 billion USD a month, he said.

He cited a Vietnam Administration of Forestry forecast that exports in the remaining months of the year would reach 6 billion USD, taking the year’s total to 14-14.5 billion USD.

Woodworking firms have invested relatively large amounts in machinery and equipment in recent years, but the use of advanced technologies remains below potential and trails other wood products exporting countries such as China and Poland, he said.

The expo would offer an opportunity for firms to obtain information about machinery and premium materials from countries leading in these areas, he added.

The expo will be held together with the Vietnam International Furniture Accessories, Hardware & Tool Fair at the Saigon Exhibition and Convention Centre in District 7.

Nguyen Thuy Linh wins trophy at Vietnam Open 2023 badminton tournament

Nguyen Thuy Linh, Vietnam's top female badminton player, won the women’s singles at the Yonex-Sunrise Vietnam Open badminton tournament after beating her Japanese rival on September 17, reported Vietnam News Agency.

Nguyen Thuy Linh in a final match against Japanese player Akari Kurihara. (Photo: VNA)

Linh beat Akari Kurihara of Japan in the final match in Ho Chi Minh City, with 21-14, 11-21 and 21-19.

In the men's singles event, Huang Yu Kai of Taiwan (China) won the championship after defeating No.2 seed Takuma Obayashi of Japan. Meanwhile, the men's doubles championship went to Japanese players Kenya Mitsuhashi and Hiroki Okamura after they defeated the Indonesian rivals Hardianto Hardianto and Ade Yusuf Santoso.

Hsieh Pei Shan and Tseng Yu-Chi from Taiwan (China) won the women's doubles championship, defeating their compatriots Hung En-Tzu and Lin Yu-Pei.

Nguyen Thuy Linh is with her coaches, family and friends. (Photo: VNA)

In the mixed doubles event, Hiroki Nishi and Akari Sato from Japan won over Ruttanapak Oupthong and Jhenicha Sudjaipraparat of Thailand to win the championship.

The Yonex – Sunrise Vietnam Open 2023 attracted more than 300 athletes from 23 countries and territories.

The tournament was a Badminton World Federation (BWF) Tour Super 100. It had a total purse of 100,000 USD, of which the men's singles and women's singles champions received 7,600 USD while the doubles champion received 7,900 USD./.

Compiled by BTA