The demand for natural rubber is expected to rebound from now to 2020, Dr. Tran Thi Thuy Hoa, General-Secretary of the Vietnam Rubber Association predicted at the recent conference.

More than 550 delegates from ministries, departments, institutions, groups and associations in the field of agriculture have taken part in the seminar with the theme Sustainable Rubber Development held in Binh Phuoc Province.

According to Dr. Tran Thi Thuy Hoa, the area under rubber has increased quickly thanks to high rubber prices on foreign markets.

To meet the high demand of natural rubber in the coming time, the industry needs to further expand the acreage under rubber and ensure the quality of rubber products.

In 2010, Vietnam earned US $2.38billion by exporting 782,200 tons of rubber.

Source: TT

Translated by Duy Minh