Producer
Vietnam Rubber Group (VRG)
97%+ state-owned Vietnamese rubber producer; established 1975. 377,800 ha plantations across Vietnam, Laos, Cambodia. 2024 production target: 445,000 MT latex. Also a major industrial timber producer (1.2M m3/year rubberwood from end-of-life rubber trees) -- timber revenue affects replanting decisions and future NR supply timing.
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Inputs supplied
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Goods downstream
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Facilities
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Stories
What they make
1 input Vietnam Rubber Group (VRG) supplies
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What else they do
Business segments
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Rubber Plantation & Raw Material Production
50%Natural Rubber Processing & Export
30%Downstream Rubber Products
15%Non-Rubber Diversification
5%
Intelligence
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Origin2022
Vietnam Rubber Group (VRG), established as a state-owned enterprise in 1995 from the merger of Vietnam's regional rubber enterprises, controls approximately 400,000 hectares of rubber plantations — making it one of the world's largest plantation owners — with a significant and politically sensitive fraction of that area located in Cambodia and Laos. Vietnam's rubber expansion into the Mekong subregion occurred primarily between 2005-2015, when VRG and other Vietnamese companies received long-term land concessions from Cambodian and Lao governments, displacing local communities in some cases and converting forest land to rubber monoculture. This expansion was contested by NGOs and some local governments while being enabled by Cambodian and Lao government leaders with close Vietnamese political ties. VRG's trans-boundary plantation network means that Vietnam's national rubber supply chain extends into the sovereign territory of two neighboring countries under terms that are periodically renegotiated with foreign governments — a geopolitical dimension to natural rubber supply that no tire company's supply chain risk model publicly accounts for. China is the dominant buyer of Vietnam's rubber export, creating a Vietnamese SOE-managed supply chain from Mekong plantations to Chinese tire factories.
Vietnam Rubber Group (VRG) ↗