According to the Vietnamese "material" reported on June 20, is expected to Vietnam in 2010 natural rubber output of 70 million tons in 2011 to reach 1,000,000 tons. Vietnam will increase investment in the development of rubber processing products, such as domestic and foreign automobile tires, gloves, etc. for the domestic market and export. At present, Vietnam's domestic use only rubber production by about 12%, but this proportion is increasing. Vietnam 478,000 hectares of existing rubber plantations, rubber plantation area in 2010 will be expanded to 700,000 hectares. At present, Vietnam is the world's fourth largest natural rubber producer and exporter.
Vietnam Administration of Statistics, 2005, Vietnam exported 574,000 tons of rubber, up 11.9 percent, amounting to 787,000,000 U.S. dollars, up 31.9 percent, mainly exported to China, South Korea, Japan, Germany and the United States market. January to May this year, Vietnam exported 221,000 tons of rubber, amounting to 376,000,000 U.S. dollars, respectively, year-on-year growth of 40.5 percent and 101.3 percent.
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