Ho Chi Minh City will struggle to attract private investors if it continues with stringent …
Read More »Vietnam’s largest rubber firm expects profit to go sideways
The Vietnam Rubber Group (GVR) expects revenues to rise by 5 percent year-on-year this year, but estimates profit will stay unchanged due to rising costs. Its overheads, including wages, fertilizer, logistics and electricity, have been surging, board member Pham Van Thanh said. Rubber, accounting for half of GVR’s profits, were …
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