Rubber, coffee export values reduce

Rubber and coffee export values have posted a year on year reduction since yearly this year.

A tire production plant in HCMC (Photo: SGGP)

Rubber export output hit 519,000 tons worth US$760 million, up 13.6 percent in volume but down 9.2 percent in value over the same period last year.

Export price averaged US$1,457 a ton in the first six months this year, down 22.28 percent from a year ago.

China, Malaysia and India continued to be three largest consumption markets of Vietnam, holding 72.4 percent of the market share.

Meantime, coffee export volume reached only 792,000 tons worth US$1.63 billion at the end of July, down 34 percent in volume and 33.7 percent in value.

By T. Trinh – Translated by Hai Mien

Other news

Most view

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

HCMC focuses on safe pig breeding chain

The HCM City department of agriculture & rural development has just held conference about the sustainable pig breeding and safe pork production market in HCMC.

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

STK to issue 10.8million shares

The shareholders of Century Synthetic Fiber Corp (code: STK) have approved plan to issue 10.8 million shares.