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The correct statement is option 1, which includes statements 1, 3, and 4.
Statement 1: The colonial economy in Vietnam was primarily based on rice cultivation and rubber plantations. This statement is correct as rice cultivation and rubber plantations were the main economic activities in colonial Vietnam. The French colonial authorities promoted these industries to meet the demands of the global market.
Statement 2: All the rubber plantations in Vietnam were owned and controlled by a small Vietnamese elite. This statement is not mentioned in the question and is therefore incorrect.
Statement 3: Indentured Vietnamese labor was widely used in the rubber plantations. This statement is correct as indentured laborers were recruited from Vietnam and other parts of Indochina to work on the rubber plantations. They were often subjected to harsh working conditions and low wages.
Statement 4: Indentured laborers worked on the basis of contracts that did not specify any rights of laborers but gave immense power to the employers. This statement is correct as the labor contracts offered little or no protection to laborers, who were vulnerable to exploitation by the plantation owners.
In conclusion, option 1 is the correct answer as statements 1, 3, and 4 are all correct.