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.
Vietnam's rubber sector in general, and processing and export enterprises in particular have taken actions to comply with the EU’s Deforestation Regulation (EUDR) in order to avoid any impact on rubber exports to the EU market.
The collaboration between two 'giants' in the agricultural industry – Vietnam Rubber Group (VRG) with abundant land resources and U & I Agriculture JSC (Unifarm), a company that pioneers in applying high-tech agriculture - has breathed new life into the banana industry.
The Vietnam Rubber Group Joint Stock Company (VRG) organised a sports event for its Vietnamese and Cambodian workers in Cambodia’s Kampong Thom province from June 24 to 26.
Many domestic rubber firms are pursuing a green strategy in an effort to reduce waste and verify sustainable forest management certificates to better promote the Vietnamese rubber brand globally.
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.
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.
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 (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 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) 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’s rubber wood and rubber wood products are exported to over 100 nations and territories, said To Xuan Phuc, a senior policy analyst from Forest Trends, a US-based non-profit organisation.