Vietnam's rubber sector in general, and processing and export enterprises in particular have taken actions to comply with the EU’s Deforestation Regulation (EUDR) in order to avoid any impact on rubber exports to the EU market.

The Thai Cabinet recently approved an aid package worth 18.6 billion baht (551 million USD) to help the country’s rubber sector currently affected by falling prices.

The Vietnam Rubber Group (VRG) has targeted annual sales of 40 trillion VND (1.76 billion USD) after equitisation.

The rubber sector needs to develop a long-term development strategy to enhance its added value and ensure sustainable development, Deputy Minister of Agriculture and Rural Development Ha Cong Tuan sa