Thanh Nien News
Rubber companies are running out of land and need to plant a high yield breed if the industry is to maintain growth, said analysts with the local finance website Vietstock.
Despite the government efforts to increase rubber cultivation, rubber businesses are running out of land and have turned to renting space in Laos and Cambodia. Vietnamese rubber planters plan to open a total 200,000 hectares of rubber fields in the two countries, Vietstock analysts said last month.
However, the two governments are unsure as to whether the pros of gaining more rubber trees will outweigh the cons of losing forests to rubber cultivation, which also degrades the soil.
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