How many employees does Vietnam rubber group have?

The Vietnam Rubber Group is managing and exploiting more than 390,000 hectares of rubber with 101 subsidiaries and more than 30 affiliated companies with more than 81,000 employees. VRG annually exploits and processes nearly 500,000 tons from multiple grades.

What type of rubber is produced in Vietnam?

In 2017, 51% of Vietnam’s total rubber production area consisted of smallholdings. The rubber industry remains export oriented. Currently, three main categories of product are exported: natural rubber materials (natural rubber, or latex), processed rubber products,1 and more recently, rubber wood and furniture made from rubber wood.

Who are the names of the rubber companies in Vietnam?

Included among these are General Corporation 15, Dakruco Ltd., Binh Phuoc Rubber Company Limited, Song Be Rubber Company Limited, 30/4 Tay Ninh Rubber One Member Co. Ltd, 1-5 Tay Ninh Rubber Joint Stock Company, Thong Nhat Rubber Joint Stock Company , Viet Trung Company Limited, and Le Ninh Company Limited – Quang Binh.

How important is the natural rubber industry in Vietnam?

The natural rubber industry has been and will continue to be one of Vietnam’s most critical production and export industries. Its importance is reflected not only in the figures of export turnover, with an average annual turnover of over 6 billion USD, but also in terms of social aspects.

Which country imports Vietnam's natural rubber?

China is the leading import market for Vietnam's natural rubber, and with 70% of natural rubber entering its tire manufacturing sector, Vietnam's rubber exports to China are expected to be affected as well.

How many Vietnamese natural rubber products have been certified?

By the end of January 2018, there were 59 Vietnamese natural rubber products which received this certification, and has been protected in international markets such as China, India, and Taiwan. The Association is expected to continue to register protection in other key markets.