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The decision to contribute land for rubber plantations has turned out to be a heavy burden on Son La’s people. What scientists had warned about has come true: both output and latex quality are below expectations.
VietNamNet Bridge - Chinese businessmen have flocked to Vietnam to collect rubber wood and control 80 percent of rubber wood market share in the Central Highlands.
VietnamNet Bridge - A sign of the times: The rubber price has fallen to $1,500 per ton from the highest peak of $4,000-5,000 per ton gained in 2011.
VietNamNet Bridge - The figures released by the General Department of Customs (GDC) show significant problems for Vietnam’s rubber industry: the more it exports, the less money it gets.
VietNamNet Bridge - Vietnamese tire manufacturers now can benefit from a drop in natural rubber prices but they have to compete fiercely with Chinese and Thai colleagues.
VietNamNet Bridge – Restructuring of State-owned enterprises (SOE) is moving at a snail’s pace and it will take many more years until the process is completed,