VRG sets $1.17b revenue goal for 2013

Monday, Oct 28, 2013 07:59

Over the past nine months, it had sold 200,000 tonnes of rubber, earning a revenue of over VND17 trillion ($809.6 million) or 70 per cent of the target set for this year.— File Photo

HA NOI (Biz Hub)— The Viet Nam Rubber Group (VRG) plans to foster trade promotion and expand export outlets in order to reap a VND24.5 trillion (US$1.17 billion) revenue by year-end, the group said in a conference in HCM City on Saturday.

Over the past nine months, it had sold 200,000 tonnes of rubber, earning a revenue of over VND17 trillion ($809.6 million) or 70 per cent of the target set for this year.

The General Statistics Office's report revealed that the country had fetched over $1.7 billion from exporting 725,000 tonnes of rubber during the January-September period. Despite a modest increase of 1 per cent in volume, exports saw a drop of 17 per cent in value.—VNS

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