Rubber group reveals development targets for 2024

Wednesday, May 29, 2024

VRG has just released documents for the 2024 annual general meeting of shareholders, which is set for June 17.

Rubber exports affected by decreasing demand

Friday, Oct 07, 2022

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.

GVR looks to boost industrial zone development

Wednesday, Jul 07, 2021

The Viet Nam Rubber Group (GVR) targets to earn revenue and profit of VND26.9 trillion (US$1.17 billion) and VND4.56 trillion this year.

Viet Nam Rubber Group to expand tyre, tube production to prop up revenues

Tuesday, Jan 12, 2021

Despite the difficulties caused by the Covid-19 pandemic and natural disasters that directly affected it, the Việt Nam Rubber Group achieved its revenue and profit targets for 2020.

VRG earns big from leasing unused properties

Monday, Dec 07, 2020

Viet Nam’s largest rubber corporation logged a total of VND9.28 trillion (nearly US$400 million) from leasing its properties to companies, ndh.vn reported.

Viet Nam Rubber Group to expand tyre production via M&A

Thursday, Oct 01, 2020

The Viet Nam Rubber Group JSC (VRG) plans to invest in tyre and tube production via mergers and acquisitions (M&As) over affiliate companies of the Viet Nam Chemical Group (Vinachem).

VRG aims for higher 2020 profit amid difficult context

Friday, Jan 10, 2020

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.

Dong Phu Rubber fulfils half of profit target

Tuesday, Sep 03, 2019

Binh Phuoc Province-based Dong Phu Rubber Co (DPR) reported post-tax profit of VND121 billion (US$5.2 million) in the first eight months of this year, 53 per cent of the year’s plan.

Rubber exports plummet

Tuesday, Jun 18, 2019

Exports fell by more than a quarter in terms of value and volume in May.

Rubber group urged to boost revenue from wood processing

Friday, Apr 19, 2019

Viet Nam Rubber Group must strive to increase its annual revenue to reach US$10 billion, given its advantage of owning more than 400,000 hectares of agricultural and forestry land, Deputy Prime Minister Vương Đình Huệ said at a meeting with...

$4.8m rubber latex processing plant opens in Son La

Thursday, Dec 27, 2018

The Viet Nam Rubber Group inaugurated its new rubber latex processing plant, worth VND110 billion (US$4.8 million), in the northern mountainous province of Son La on Wednesday.

Equitised SOEs struggle to attract strategic investors

Tuesday, Sep 18, 2018

 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.

Rubber prices fall, firms fret

Thursday, Mar 22, 2018

Natural rubber prices have been falling since the second half of 2017, causing rubber enterprises to become cautious in making business plan for 2018.

2 SOEs to float shares on UPCoM

Monday, Mar 19, 2018

Two large State-owned enterprises – Viet Nam Rubber Group and Power Generation Corporation 3 – will start trading shares on the Unlisted Public Company Market on March 21 (UPCoM).

Viet Nam Rubber Group eyes profit rise

Wednesday, Feb 07, 2018

Viet Nam Rubber Group targets an 8 per cent rise in revenues and 33 per cent rise in pre-tax profits this year, Nguyen Tien Duc, its deputy general director, said on February 7.