ASEAN KEY DESTINATIONS
Vietnam, Thailand to discuss rubber industry links
Vietnamese and Thai representatives have met in Ho Chi Minh City to discuss cooperation in the rubber industry, reported Vietnam News Agemcy.
The working session on July 17 saw the participation of Deputy Minister of Agriculture and Rural Development Bui Ba Bong, and representatives from the Rubber Industry Group and the Rubber Association of Vietnam.
The Thai side included Thai Deputy Minister of Agriculture and Cooperative Theerachai Saenkaew.
The Thai official also put stress on his country's concerns about developing value-added products instead of exporting raw materials.
Thailand is the biggest rubber producer in the world, with an annual output of three million tonnes. Its domestic rubber industry every year consumes 300,000 tonnes, compared to 40,000-50,000 tonnes used in Vietnam.
According to the Thai Deputy Minister, Thailand has focused on developing the industry in its northeastern region to turn the region into a trade centre for rubber in Indochina.
Cooperation with Vietnam would facilitate Thai rubber products to enter the markets of China, Japan and the Republic of Korea, he said.
Vietnamese Deputy Minister of Agriculture and Rural Development Bui Ba Bong agreed with Thailand's suggestions for cooperation. He entrusted the Vietnam Rubber Industry Group to serve as a link for the cooperation.
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