Vietnamplus

Shares inched lower on September 16 as rising selling pressure in the afternoon session weighed on the market’s sentiment.

With achievements in diplomatic relations over the past 55 years and the determination of Vietnam and Cambodia’s Parties, leaders and people, it is believed that the bilateral ties will constantly develop in line with the motto of “good neighbourliness, traditional friendship and comprehensive, sustainable and long-term cooperation”, said Vietnamese Ambassador to Cambodia Nguyen Huy Tang.

Rubber is one of the industries posting good performance despite many sectors struggling due to the COVID-19 pandemic.

The Vietnam Rubber Group (GVR) targets to earn revenue and profit of 26.9 trillion VND (1.17 billion USD) and 4.56 trillion VND this year, respectively.

Two State-owned enterprises will receive a total of nearly 62.92 billion VND (2.72 million USD) in funding for their employment of ethnic minority workers from mountainous and extremely disadvantaged regions in 2018 under a decision of Prime Minister Nguyen Xuan Phuc.

As a bear market for rubber is anticipated in 2021, Vietnamese rubber companies have edged down their profit targets for the year.

The Vietnam Rubber Group (VRG) has announced that it will raise the volume of VRG-branded natural rubber to nearly 323,600 tonnes this year, making up 86 percent of its total exploited output.

The Vietnam Rubber Industry Group JSC reported 21.17 trillion VND (915.6 million USD) in revenue and 5.23 trillion VND in post-tax profit in 2020, year-on-year increases of 6.9 percent and 36.4 percent, respectively.

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

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

The Vietnam Rubber Group JSC (GVR) targets increases of 8 percent and 5 percent in revenue and post-tax profit this year, respectively.

The Vietnam Rubber Group - JSC (VRG) on March 17 moved 4 billion shares coded GVR listed on the Unlisted Public Company Market (UPCoM) to the Ho Chi Minh Stock Exchange (HoSE).

The Vietnam Rubber Group JSC (GVR) will move four billion of its shares listing on the Unlisted Public Company Market (UPCoM) to the Ho Chi Minh Stock Exchange (HoSE).

Vietnam's rubber exports fell in May due to China’s changing policies and fears over the US-China trade war, a representative of the Vietnam Rubber Group (VRG) has said.

The Supreme People’s Procuracy has completed the indictment to prosecute Le Quang Thung, former General Director of the Vietnam Rubber Group (VRG), for the charge of deliberately acting against the State's regulations on economic management and causing serious consequences under Article 165 of the Criminal Code 1999.

Vietnam earned 662 million USD from rubber exports in the first five months of the year, a year-on-year increase of 2.4 percent, according to the Ministry of Agriculture and Rural Development.

The Vietnam Rubber Group (VRG) will work to have Forest Stewardship Council (FSC) certifications for all of its rubber forests as part of the sustainable development programme for 2019-2024 tenure.

The Vietnam Rubber Group (VRG) has reported that it tapped over 25,400 tonnes of rubber latex from its farms on a total area of 22.64ha in the Cambodian province of Kampong Thom in 2018.

Vietnam has leapt to become Southeast Asia’s top grossing market for initial public offerings (IPO) in 2018 with total proceeds of 2.6 billion USD.

The Vietnam Rubber Group (VRG) held a ceremony to inaugurate its rubber latex processing plant in Thuan Chau district in the northern mountainous province of Son La on December 26.