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Oct 31, 2008

Vietnam to actively expand rubber production

In recent years, the international natural rubber market prices have remained high in the last year in the international market price of natural rubber prices up to 1920 U.S. dollars per ton, compared with 2005, up 50%. According to statistics, the international market demand for natural rubber in 2006 to 9,100,000 tons, is expected in 2007 will reach 9,390,000 tons in 2008 to more than 10,000,000 tons; the world's natural rubber production in 2006 was 9,100,000 tons, is expected in 2007 and 2008, annual production Will reach 9,750,000 tons and 9,970,000 tons, production growth and market demand to maintain the basic balance.

In the international market for natural rubber prices higher, led by Vietnamese natural rubber production and exports continue to expand the current natural rubber plantation area has reached 500,000 hectares, the 2010 program will be expanded to 700,000 hectares. In the past, Vietnamese rubber plantations are mainly in the southern region, and in recent years begun to expand in central and northern regions. Vietnamese experts are rubber plantation in the northern mountain provinces to carry out site visits, in the hope that the development of local natural rubber-growing industry. At the same time, Vietnam is also in the agricultural sector to neighboring Laos and Cambodia for rubber plantation investment, the two neighboring countries strive to increase natural rubber planting area of 100,000 hectares each.

In addition, Vietnam also strengthened in the rubber plantation in the field of scientific research and international cooperation, research and development and to foster a different environment for new varieties, improved scholaris out of plastic, from Malaysia to introduce advanced technology, natural rubber plantation in Vietnam Industry has opened up a new way. At present, natural rubber production in Vietnam in general to achieve a latex per hectare, 1.73 tons, 35 state-owned large-scale farm production per hectare reached 2 tons of latex a year. Vietnam exports mainly natural rubber, rubber production and yield per unit area behind Thailand, Indonesia, Malaysia and India, the world's fifth home. 2006 Vietnam exported 680,000 tons of natural rubber, earned 1.3 billion U.S. dollars, respectively, year-on-year increase of 18.5 percent and 65.2 percent.

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