In April, the country fetched US$113 million from exporting 46,000 tonnes of rubber, recording year-on-year increases of 10.5 percent in revenue and 12.47 percent in volume.

As a result, Vietnam in the first four months of 2008 exported 169,000 tonnes of rubber, earning US$405 million, down 7.14 percent in volume but up 23.85 percent in revenue over the same period last year.

Vietnamese rubber is now sold to 40 foreign countries and territories. As Vietnam’s biggest market, China buys over 60 percent of the country’s rubber, followed by Singapore and the Republic of Korea.

This year, Vietnam plans to export 780,000 tonnes of rubber and earn US$1.5 billion in revenue.