Vietnam is becoming a global automotive tyre manufacturing hub, with the export turnover of technical rubber products expected to reach 4 billion USD in 2024, according to the Ho Chi Minh City Rubber and Plastics Manufacturers Association. Statistics from Vietnamese companies show that orders for the tyre industry in the last months of 2024 have increased by 10-15% compared to the beginning of the year, while technical rubber product orders have surged by 20-30%.

Source: Vietnam News Agency