According to relevant statistics of the Vietnamese government, China has now become Vietnam's largest rubber export market. Based on this, Vietnam will adopt a series of measures to expand the quantity and quality of exports to the Chinese market.
In recent years, Vietnam exports an average of more than 300,000 tons of natural rubber to China each year, which accounts for 36% to 40% of Vietnam's total domestic natural rubber output of 1.2 million tons. Therefore, Vietnam attaches great importance to the Chinese market. This year, Vietnam will introduce new measures to expand rubber exports to China and seek to improve the quality of trade. Vietnam Rubber Corporation and other companies plan to negotiate with Chinese rubber production and processing companies, tire companies, etc. to establish long-term cooperative relations; establish new offices in Nanning, Shanghai, and Guangdong; and organize rubber companies to visit China to strengthen cooperation with Northeast China. Trade and cooperation of rubber chemicals companies in the northwest region.
In addition, Vietnam will also take measures to attract China's rubber chemical companies to invest in Vietnam. The investment areas include rubber planting, processing and export, and deep processing of rubber chemicals to increase the added value of rubber products and improve the quality of its rubber export trade. At the same time, it is necessary to gradually reduce the border trade between the two countries, because at present the dependence of rubber trade on border trade is relatively high.
In recent years, Vietnam exports an average of more than 300,000 tons of natural rubber to China each year, which accounts for 36% to 40% of Vietnam's total domestic natural rubber output of 1.2 million tons. Therefore, Vietnam attaches great importance to the Chinese market. This year, Vietnam will introduce new measures to expand rubber exports to China and seek to improve the quality of trade. Vietnam Rubber Corporation and other companies plan to negotiate with Chinese rubber production and processing companies, tire companies, etc. to establish long-term cooperative relations; establish new offices in Nanning, Shanghai, and Guangdong; and organize rubber companies to visit China to strengthen cooperation with Northeast China. Trade and cooperation of rubber chemicals companies in the northwest region.
In addition, Vietnam will also take measures to attract China's rubber chemical companies to invest in Vietnam. The investment areas include rubber planting, processing and export, and deep processing of rubber chemicals to increase the added value of rubber products and improve the quality of its rubber export trade. At the same time, it is necessary to gradually reduce the border trade between the two countries, because at present the dependence of rubber trade on border trade is relatively high.
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