Development of Rubber Economy in Binh Phuoc Province (1997-2010)

During the period 1997–2010, the rubber economy of Binh Phuoc province experienced strong development, gradually affirming its role as a key economic sector in the local agricultural structure. Based on advantages in natural conditions, land fund and production traditions, along with the system of guidelines and policies to encourage the development of perennial industrial crops of the State and province, the area of rubber cultivation, output and yield continuously increased. The rubber industry mainly developed according to two models: smallholder rubber and large-scale rubber, contributing to mobilizing social resources, forming specialized cultivation areas associated with the processing industry, creating jobs and improving income for rural people. However, the development process still faces limitations such as dependence on market fluctuations, unreasonable product structure, unsustainable production efficiency and impacts on the environment.