Vietnam now world’s third largest natural rubber exporter

It exported over 1 million tons of rubber in 2012.

OCBC Treasury Research noted:

Vietnam became the world’s third largest natural rubber exporter in 2012, with over 1 million tons of rubber exported, up 23.8% yoy. Major importers of rubber from Vietnam include Malaysia, India and Taiwan.

The country also aims to export at least 7.5 million tons of rice this year at a minimum price of VND5,000/kg (US$0.24/kg). Meanwhile, the Ministry of Labor plans to create over 1.5 million jobs this year.