Vietnam Rubber Group to expand tyre, tube production to prop up revenues


  • Vietnam
  • Tuesday, 12 Jan 2021

Vietnam Rubber Industry Group plans to invest in rubber tyre and tube production to check a fall in revenues. — VNS

HO CHI MINH CITY (Vietnam News/ANN): Despite the difficulties caused by the Covid-19 pandemic and natural disasters that directly affected it, the Vietnam Rubber Group achieved its revenue and profit targets for 2020.

It reported after-tax profit of VNĐ5 trillion on sales of VNĐ25.477 trillion (US$1billion).

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