The annual Vietnam International Rubber and Tyre Exhibition will be held at the Saigon Exhibition and Convention Centre from November 27 to 29.

VOV.VN - Vietnam exported approximately 469,632 tonnes of rubber worth US$653.22 million during the past four months of the year, down 3.2% in volume and 23.7% in value compared the same period from last year.

Vietnam's rubber industry needs to develop its production chain to meet the increasing demands of export markets, especially fastidious markets such as Europe and the US, according to experts.

VOV.VN - Vietnam exported a total of 1.36 million tonnes of rubber worth a total of US$1.83 billion to China last year, representing an increase of 17.4% in volume and a rise of 18.1% in value, according to the General Department of Vietnam Customs.

Sustainable latex production is important for Vietnam’s rubber industry, and the country should focus on getting rubber plantations to obtain certifications on sustainability, experts have said.