There is a rising wave of converting rubber plantations into industrial land as developers eye spots for industrial zones to capture opportunities from global value chains.
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 City Stock Exchange (HoSE).
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.
The Ministry of Agriculture and Rural Development (MARD) inked an agreement to transfer its ownership of State capital in five State-owned agriculture enterprises (SOEs) to the Committee for Management of State Capital (CMSC) on November 15.
Contrary to the profits reported by Viettel and FPT, numerous state-owned firms are suffering with overseas investment.
The Ministry of Agriculture and Rural Development (MARD) estimates to earn VND664 billion ($29.25 million) after the auction of Vietnam Sugarcane and Sugar Corporation II JSC (Vinasugar II).
The Vietnam Rubber Group (VRG) targets an 8% rise in revenues and 33% rise in pre-tax profits this year, VRG Deputy General Director Nguyen Tien Duc has said.
The Vietnam Rubber Group (VRG) held a ceremony to inaugurate its rubber latex processing plant in Cambodia on January 25.
Due to strict regulations and the erratic price of rubber, Vietnam Rubber Group (VRG) might be hindered in reaching its equitisation plan on the heels of its initial public offering (IPO) in the first quarter of 2018.
Prime Minister Nguyen Xuan Phuc has stressed the need for the State-owned Vietnam Rubber Group (VRG) to develop processing industry, thus creating value-added products.
Deputy Prime Minister Vuong Dinh Hue just approved the equitisation plan of state-owned Vietnam Rubber Group under which more than 11 per cent of the group’s chartered capital will be earmarked for domestic strategic partners, but not foreign ones.
The Vietnamese market will see more state-owned enterprises (SOEs) equitised in 2018, following the State’s divestment from the Sai Gon Beer Alcohol Beverage Joint Stock Company (Sabeco) and Vietnam Dairy Products Joint Stock Company (Vinamilk).
Prime Minister Nguyen Xuan Phuc asked the Ministry of Public Security (MPS) to handle suspected financial violations by the Vietnam Rubber Group (VRG) prior to the company’s intended initial public offering.
Quang Tri Rubber Company under the Vietnam Rubber Group (VRG) has signed a land leasing contract with the Lao Government for a rubber plantation and a rubber processing plant in Laos’ southern province of Salavan.
The Vietnam Rubber Group (VRG) has targeted annual sales of VND40 trillion (US$1.76 billion) after equitisation.
The Ministry of Agriculture and Rural Development (MARD) has valued the Vietnam Rubber Group (VRG), the country’s largest rubber company, at VND4 trillion (US$177.78 million), not including its land, marking another step toward its equitisation by the end of 2017.
With a massive land fund, Vietnam Rubber Group (VRG) is a name many investors pay close attention to. However, due to its huge capitalisation, VRG has yet to select a strategic investor, although there are only a few days until its initial public offering (IPO).
The Vietnam Rubber Group (VRG) will offer 25% of its capital during its upcoming initial public offering (IPO), scheduled in the second quarter of 2017, the group has announced.
EVN International Joint Stock Company has obtained approval from the Hanoi Stock Exchange to trade its 36.67 million shares on the Unlisted Public Company Market (UPCoM).
Investors can look forward to plenty of opportunities as Vietnam Rubber Group (VRG), Vinafood 2, and many more companies where the Ministry of Agriculture and Rural Development (MARD) represents the state holding, will put up to 100% stake up for public auction in 2017.