VIETNAM: Rubber plant opens in Phu Yen

Vietnam had fetched USD 1.52 billion from exporting more than 630,000 tonnes of rubber during the past eight months, according to the Ministry of Agriculture and Rural Development.

The exports, despite witnessing a yearly rise of 5 percent in volume, experienced a decrease of 14.1 percent in value.

China remained Vietnam's largest rubber importer, consuming 44 percent of the country's total rubber export value, followed by Malaysia with 20.5 percent.

Source: www.bizhub.vn, Hanoi; 3 Sept 2013
(Syed Rashid Ali, Karachi, Pakistan)