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

Rubber companies report lower earnings amid falling rubber prices Rubber producers reported poor second-quarter business results due to decreasing rubber prices, eyeing industrial zone development.

Rubber group targets increase in revenue and profit The Vietnam Rubber Group JSC (GVR) targets revenue and post-tax profit up 8 per cent and 5 per cent this year, respectively.

Rubber Group builds three processing plants The Việt Nam Rubber Group (VRG) will build three more processing factories in the northern region to meet higher rubber demand in the future.

VRG listing plan approved The Hồ Chí Minh Stock Exchange (HoSE) has approved the listing of four billion shares for the Vietnam Rubber Group JSC (VRG).

Rubber firms plan 30-50 per cent dividend in cash Phước Hòa Rubber JSC will make the first dividend payout at a 30 per cent rate for 2019, meaning every shareholder will receive VNĐ3,000 (13 US cents) per share.

Đồng Phú Rubber fulfils half of profit target Bình Phước Province-based Đồng Phú Rubber Co (DPR) reported post-tax profit of VNĐ121 billion (US$5.2 million) in the first eight months of this year, 53 per cent of the year’s plan.

Rubber group sees both revenue and profit rise The figures represent 31.4 per cent of the revenue target and 25.5 per cent of the profit target for this year.

Rubber exports in June increased strongly Việt Nam's rubber exports in June reached 122,760 tonnes, earning US$174.45 million, a month on month increase of 58.4 per cent in volume and 56.1 per cent in value, according to the General Department of Customs.

HAGL Agrico to sell rubber company to Thadi Hoàng Anh Gia Lai Agrico (HAGL Agrico) plans to sell its 100 per cent of its stake in Đông Dương Rubber Investment and Development Co Ltd to Thadi Agriculture Production And Processing Joint-Stock Company.