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Vietnam: Bumper year for cash crops.

Thai Press Reports

| February 21, 2011 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

Section: Business News - The global market has turned favourable for Vietnamese exporters of products like rubber, seafood, coffee, cashew and pepper, analysts said.

Rubber prices are expected to remain high since demand is forecast to be 11.15 million tonnes against a supply of 10.95 million tonnes, according to the World Rubber Association.

Export prices have risen since the beginning of this year, reaching 100 million VND (4,800 USD) a tonne.

Dinh Van Tien, head of the Vietnam Rubber Group's import-export division, said his company had already signed contracts to export 50 percent of this year's output.

The Group exported 80,000 tonnes of …

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