80 percent of State-owned economic groups earn profits Business

80 percent of State-owned economic groups earn profits

Up to 80 percent of the 19 State-owned economic groups and corporations under the management of the Committee for Management of State Capital at Enterprises (CMSC) earned profits in the first half of this year, fulfilling more than half of their yearly targets, according to the committee.
Vietnam Rubber Group eyes higher profits Business

Vietnam Rubber Group eyes higher profits

The Vietnam Rubber Group (VRG) targets an 8 percent rise in revenues and 33 percent rise in pre-tax profits this year, VRG Deputy General Director Nguyen Tien Duc has said.
Criminal proceedings begin against former VRG officials Society

Criminal proceedings begin against former VRG officials

The Ministry of Public Security’s Police Investigation Agency on December 12 issued a decision launching criminal proceedings against five former officials of the Vietnam Rubber Group (VRG) accused of deliberately violating State rules on economic management resulting in serious consequences.
Deputy PM: Agro-forestry SOEs to be audited in 2019 Business

Deputy PM: Agro-forestry SOEs to be audited in 2019

A thorough audit of all State-owned agricultural businesses will be carried out in 2019 following next year’s concentrated restructuring efforts, so as to identify underperforming firms and other issues facing the sector.