Wednesday , November 27 2024

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Vietnam’s largest rubber firm expects profit to go sideways

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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South Korea province to resume int’l flights to Vietnam hotspots

Authorities in South Jeolla Province of South Korea plan to resume international flights from Muan International Airport to Da Lat, Nha Trang and Da Nang from July. In addition to Vietnamese tourist hotspots, flights from Muan Airport to Bangkok and Ulaanbaatar will be resumed next month, Vietnam News Agency reported. …

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