Natural rubber producing countries convene conference in HCM City
The Association of Natural Rubber Producing Countries (ANRPC) convened its 10th annual rubber conference in Ho Chi Minh City on October 23.
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Themed “Re-engineering Value Chain for Revitalising Production Sector”, the conference sought to help rubber farmers respond to price changes and boost sustainable development in processing.
The ANRPC comprises of 11 members, namely Cambodia, China, India, Indonesia, Malaysia, Papua New Guinea, Philippines, Singapore, Sri Lanka, Thailand and Vietnam. These countries accounted for about 92% of global production of natural rubber during 2015.
According to Tran Ngoc Thuan, General Director of the Vietnam Rubber Group, Vietnam ranks third in the world in terms of rubber area, with 976,400 hectares.
Last year, the country earned US$1.67 billion from exporting 1 million tonnes of natural rubber.
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