Many farmers in Dong Nai have cut down their rubber trees because of the low price of rubber latex, according to the provincial Department of Agriculture and Rural Development.
Many farmers in Dong Nai have cut down their rubber trees because of the low price of rubber latex, according to the provincial Department of Agriculture and Rural Development.
The price declined from VND50,000 (US$2.3) a kilo in 2012 to VND20,000-24,000 ($0.95 – 1.4) a kilo.
The province has more than 44,000 ha of rubber. Of the figure, 8,700ha are planted by individual farmers.
(Source: VNS)
