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Oct 30, 2008

Vietnamese rubber exports to follow the three principles

Beginning in 2004, the Vietnamese government authorities under the guidance of Vietnamese rubber exporters of rubber exports would be guided by three principles: to increase the production of rubber production, and export prices, the increase in the number of intergovernmental trade.

It is reported that Vietnam's rubber export prices have more than 1400 U.S. dollars / ton, compared to 2000 increased by 3 times in 15 years of record-high prices. In 2003, rubber exports in the number and the amount of foreign exchange, Vietnam ranked third in the world, second only to Thailand and Indonesia, Vietnamese rubber exports in 2004 became the first in the world. Vietnam's biggest rubber export market is China, Vietnam's rubber exports to China accounted for Vietnam's total rubber exports by 40%.

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