In 5 years, the rubber trees in plantation co-invested by governments of Vietnam and Lao have been growing fast to preliminarily improve living standards of local people in Lao.
The green rubber trees are growing fast
The rubber tree program by governments of Vietnam and People’s Republic and Democratic of Lao was seeded in 2007. Up to date, the Dau Tieng Viet-Lao Rubber Joint Stock Company – the joint venture of Dau Tieng Rubber Company Limited and Binh Duong General Company of Production, Import and Export, has planted over 6,500 rubber trees and been moving forward to 10,000 rubber trees. So as to reach such target, as informed by Chairman Tran Van Du of the Company, the 4+1 measure has been implemented as a negotiable measure of the Company with local people. Accordingly, the local people should contribute land and the Company should ensure capital, technology, outputs, and human resources.
Officer of Dau Tieng Viet-Lao Rubber Joint Stock Company is instructing local farmers with technical matters
The local people were pursuaded to support the program for they believed that the annual yield of latex would offer them much to settle down in the future. In the meantime, they have been earning from short-term crops planted among the young rubber trees.
Mr. Tran Van Du informed that by September 2012, the Company would start up tapping 700 hectares of rubber trees planted in 2007. Then, on-site processing factory would be built to improve production yields. The Company would also offer training courses to local tapping farmers.
It is expected that by 2013, the factory with capacity of 22,000 tons of latex a year at Bachieng District, Champasak Province shall open up opportunities for local people in Lao to earn more.
The program has contributed into poverty eradication by offering jobs to nearly 1,000 farmers locally.
The developing Dau Tieng Viet-Lao Rubber Joint Stock Company not only promotes economy in Lao, for Laos but also opens up culture exchanges in a tie friendly relationship of the two nations.
Reported by H. Lan – H. An – Translated by Vi Bao
