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Showing posts with the label 2023 at 04:54PM

Japan’s Most Significant Rubber Supplier: Vietnam

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The General Department of Customs has reported that Vietnam is one of the largest rubber suppliers to Japan. In the first eight months of this year, Vietnamese rubber exports to Japan reached 5.470 tonnes worth $8.98 million, experiencing a decrease of 10.4% in volume and 27.6% in value compared to the same period last year. The average export price of rubber to the Japanese market stood at $1,565 per tonne, down 19.2% from last year. Natural rubber is the primary product exported to Japan, with SVR CV60 accounting for the largest portion at 39.89%, followed by SVR 3L at 36.68% and SVR 10 at 13.22%. However, due to difficulties faced since the beginning of the year, both the quantity and value of rubber exports to Japan have declined. The Covid-19 pandemic has also posed challenges to Vietnam’s rubber industry in terms of competitiveness. The Chairman of the Vietnam Rubber Association (VRA), Tran Ngoc Thuan, has emphasized that the competition in the natural rubber market is ...

Vietnam to Receive $15mn for 2023 Asian Games Telecast Rights

Television networks and sports rights enterprises in Vietnam were surprised by the price quoted for the broadcasting rights of the 2022 Asian Games. Negotiations are currently underway, but no entity in Vietnam has secured these rights yet. Originally scheduled for 2022, the 19th edition of the Asian Games was postponed to 2023 due to the COVID-19 pandemic. The Games will now be held in Hangzhou, China from September 23 to October 8, featuring 40 sports, 61 disciplines, and 483 events. A total of 45 countries and territories are expected to participate. Vietnam’s sports sector plans to send over 400 members, including more than 300 athletes, to the event, with the goal of winning at least three gold medals. China, as the host, has designated China Media Group (CMG) as the official broadcasting station and distributor of the telecast rights. While Hong Kong and India have secured the broadcasting rights for the Games, the financial details of these acquisitions have not been disclose...