📋 Tender Overview
Vietnams rubber industry is facing new opportunities but also full of challenges in improving export value in the international arena. According to data from the Ministry of Agriculture and Environment, in the first 7 months of 2026, rubber exports reached about 789.5 thousand tons with a value of 1.55 billion USD. Download Most of the current rubber area is planned as land for perennial crops instead of forestry land - Illustration Practical data is the foundation for added value Rubber trees are long-term crops, with a business cycle of 25-35 years, large biomass and significant carbon absorption and storage capacity. This is the foundation for the rubber industry to participate in the carbon credit market, while creating more value for export products. In 7 months, rubber export volume and value decreased slightly over the same period, but the average export price increased by 8.9%, to 1,963 USD/ton. Exploiting carbon potential is considered a direction to help the industry find new sources of revenue, reduce emissions and strengthen competitive advantage.Dr. Nghiem Phuong Thuy, Department of Forestry and Forest Protection, Ministry of Agriculture and Environment, said businesses can commercialize emissions reduction results through two main markets: the compliance market, arising from legal obligations, and the voluntary market, based on the needs of the organization. In addition, there are international cooperation mechanisms under Article 6 of the Paris Agreement. According to Ms. Thuy, participating in the carbon market helps businesses contribute to Vietnams net zero emissions target and NDC, while improving international competitiveness. To turn potential into economic value, data is a key factor. Many large rubber enterprises have prepared relatively methodically. Mr. Hoang Bao Luan, Deputy Director of Science - Technology Team, Dong Nai Rubber Corporation (DONARUCO), informed that the enterprise is managing about 31,000 hectares of rubber, of which more than 9,000 hectares are certified for sustainable forest management VFCS/PEFC. Enterprises have data on each batch, tree age, variety, fertilizer and fuel levels recorded over many years. This is the basis for calculating emissions and carbon absorption capacity. However, implementing carbon projects still faces land legal problems. Most of the rubber area is planned as perennial crop land instead of forestry land. Mr. Luan believes that it is necessary to clarify whether rubber gardens on land planted with perennial trees are suitable for improved forest management (IFM) methods or not, as well as the legal status of land leasing enterprises when registering carbon projects. Improving economic efficiency with large-scale modelsTS. Vu Tan Phuong, Director of the Center for Sustainable Forest Management Certification, said that the rubber industry needs to clearly distinguish two goals: creating credits for sale and reducing the carbon footprint of products. Carbon credits are tradable, while carbon footprints directly impact the competitiveness of products. Carbon footprints reflect emissions throughout the entire chain, from planting, care to processing and transportation. Reducing this index not only helps businesses meet environmental requirements but also increases product value, especially when import markets increasingly attach importance to green criteria. A carbon credit project must go through many steps, from developing project documents (PDD), independent appraisal, registration, measurement, reporting to verification before credits are granted. Consulting, appraisal and supervision costs can be large, creating pressure for small projects. To increase efficiency, Mr. Hoang Bao Luan proposed building a carbon project on a Group scale. Combining many member units into one large project can help share fixed costs, increase credit size and improve investment efficiency. Credit quality also determines value. The market is shifting from prioritizing quantity to quality. Some international reports show that credits from high-quality afforestation and restoration projects can reach nearly 30 USD/credit, significantly higher than low-quality credits. Sustainable forest management and data transparency are conditions for the rubber industry to increase its carbon value. According to Mr. Luan, for the carbon market to become a driving force to increase export value, coordination between the State and businesses is needed. In addition, the management agency should soon issue technical guidance suitable for rubber trees, including biomass coefficients, emission coefficients and calculation methods, and clarify the ownership of credits on leased land and the responsibilities of businesses when planning alternative land use. Change. On the business side, digitize data on emissions, carbon absorption and management of growing areas. Sustainable forest management certificates also contribute to proving product quality to international customers. Currently, Vietnam plans to launch a carbon trading floor from the end of June 2026. This is an opportunity for rubber businesses to become familiar with the trading mechanism and gradually prepare for the international market. Carbon credits are therefore not only an additional source of revenue but can also become a tool to restructure the rubber industry in a sustainable way. When each ton of exported rubber has transparent environmental data, the product value will not only lie in the selling price, but also in its reputation, ability to meet green standards and environmental responsibility. This is also the direction to increase export value and consolidatelong-term competitive advantage. Do Huong See moreQuantifying Forest Carbon: Turning green assets into a new source of revenue for sustainable development See moreBuilding a Carbon market: Strategic roadmap and breakthrough opportunities for businesses See morePrinciples for providing and using forest carbon absorption and storage serv
