Economy
Bình Phước is one of the agriculturally most productive provinces of Vietnam, especially relying on cash crops such as cashew nuts, and rubber. As of 2007, its agricultural GDP per capita was 7.03 million VND, the highest in Vietnam, while industrial GDP per capita was only 1.7 million VND, making it one of the least industrialized provinces in the southern half of Vietnam. Bình Phước's GDP in 2007 was 9534.4 billion VND or 11.58 million VND per capita, which is 86 per cent of the national and significantly lower than that of the other provinces in the southeastern region. Growth in GDP has been between 14 and 15 per cent per year from 2000 to 2007. Bình Phước exported goods with a value of 325.5 million US$ in 2007, far exceeding its imports of 57.4 million. Since 2000, exports have increased almost sevenfold while imports increased almost tenfold. Main export products include rubber latex, shelled cashew nuts and pepper.
Read more about this topic: Bình Phước Province
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