Rubber exports up 30.4 pct in first four months

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VOV News English - 33 month(s) ago 11 readings

Rubber exports up 30.4 pct in first four months

(VOV) - Vietnam exported 258,000 tonnes of rubber for US$754 million in the first four months of this year, showing a year-on-year increase of 30.4 percent in volume and a decrease of 12.9 percent in value, according to the General Department of Customs.

Rubber industry to focus on processing

In April alone, the rubber export volume reached 45,000 tonnes with a value of US$130 million.

It is forecast that Chinese businesses will continue signing contracts to import Vietnamese rubber in May and June, and Vietnam hopes to deliver 1,000 tonnes of rubber per day to buyers instead of 600-700 tonnes at present.

By the end of 2012, the country expects to export 930,000 tonnes of rubber, 14 percent more than last year.

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