The selling price of rubber experienced a period of strong fluctuations in the second quarter when it recovered in June and then decreased rapidly in July.
The group is striving for more than VND5.78 trillion ($250 million) in post-tax profit, up 13 per cent year-on-year, contributing some VND3 trillion to the State budget.
Many State-owned enterprises (SOEs) are finding it difficult to seek strategic investors post-equitisation and have decided to retain the shares or sell them to the public.
Vietcombank and Viet Nam Rubber Group (VRG) signed an agreement on
Thursday to cooperate in their services, investments and human resource
development.