Facing business constraints, Vietnam Rubber Group sets modest 2024 profit growth target

Facing business constraints, Vietnam Rubber Group sets modest 2024 profit growth target

State giant Vietnam Rubber Group has set modest revenue and profit growth targets for 2024, citing several business constraints including a sharp fall in rubber prices.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Rubber, industrial park stocks attract cash flow

Rubber, industrial park stocks attract cash flow

Cash flow ran into industrial park and rubber stocks from March 11-15 with a series of tickers making strong gains.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam Rubber Group’s stock price soars as Q4/2023 profit rebounds strongly

Vietnam Rubber Group’s stock price soars as Q4/2023 profit rebounds strongly

Vietnam Rubber Group’s stock price surged 58% in the past two months as its net profit reached VND1,164 billion ($47.45 million) in the last quarter of 2023, the highest level of the year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Agricultural stocks rebound strongly thanks to bright outlook

Agricultural stocks rebound strongly thanks to bright outlook

With a bright outlook and a number of other supporting factors, tickers in agricultural firms have made strong gains in the past two months, rising by 18-60% and outperforming the 11% recovery of the benchmark VN-Index.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam ranks third globally in rubber export value

Vietnam ranks third globally in rubber export value

Vietnam is now the world’s third largest rubber exporter, with its products present in more than 80 countries and territories, according to the Ministry of Agriculture and Rural Development (MARD).

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Binh Duong 'big man' Protrade forced to pay $5.9 mln in taxes

Binh Duong 'big man' Protrade forced to pay $5.9 mln in taxes

Binh Duong Production-Import & Export Corporation (Protrade) in the southern province of Binh Duong has been ordered to pay more than VND144 billion ($5.9 million) in tax debt, fines and late payment fees.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Chinese tiremaker Haohua to invest $500 mln in southern Vietnam

Chinese tiremaker Haohua to invest $500 mln in southern Vietnam

China’s Shandong Haohua Tire has been okayed to build a $500 million factory in the southeastern province of Binh Phuoc.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam rubber giants report mixed Q2 profits

Vietnam rubber giants report mixed Q2 profits

Phuoc Hoa Rubber reported a large profit in the second quarter of this year, while Dong Phu Rubber and Tan Bien Rubber posted falling profits in the context of a sharp decline in rubber exports.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam rubber giants report Q1 profit plunge

Vietnam rubber giants report Q1 profit plunge

Vietnam's major rubber firms Vietnam Rubber Group, Phuoc Hoa Rubber, Dong Phu-Daknong Rubber and DakLak Rubber reported a plunge in after-tax profits in the first quarter of this year amid declining selling prices and output.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Phuoc Hoa Rubber profit soars on land compensation from VSIP industrial park

Phuoc Hoa Rubber profit soars on land compensation from VSIP industrial park

Phuoc Hoa Rubber JSC, a leading rubber producer in Vietnam, made an after-tax profit of VND431.82 billion ($18.41 million) in Q4/2022, up 149% year-on-year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7