Vietnam Rubber Group posts ~7,000 billion VND profit as Deputy PM highlights the need for more efficient land use.
During a working session with the Vietnam Rubber Industry Group (VRG) this afternoon, Permanent Deputy Prime Minister Nguyen Hoa Binh highlighted the importance of strategic land use and proactive market planning for the corporation.
At the meeting, VRG General Director Le Thanh Hung reported strong financial results for 2025. The group achieved a consolidated revenue of 32,007 billion VND, up 11.4% from 2024 and exceeding the year’s target by 3.1%. Pre-tax profit reached 6,929 billion VND, surpassing the plan by 18.6% and rising 23.6% over the previous year. After-tax profit totaled 5,682 billion VND, while contributions to the state budget amounted to 4,350 billion VND.
VRG currently holds a charter capital of 40,000 billion VND, with 96.77% state ownership. Its shares, listed on the HoSE, have a market capitalization of around 168,800 billion VND. The group manages over 377,800 hectares of rubber plantations, including roughly 264,000 hectares across 16 provinces in Vietnam and more than 113,000 hectares in Laos and Cambodia, with overseas production accounting for approximately 40% of total output. The workforce totals around 80,000, with ethnic minorities representing 25%.
By 2025, VRG has completed a major organizational transformation, reducing its structure from three levels to two, merging 214 farms, and cutting intermediary roles, with indirect labor now accounting for just 5%. Beyond rubber cultivation and processing, the group is advancing industrial park development on converted land, high-tech agriculture, and renewable energy projects. Construction on several industrial parks is scheduled to start by the end of March 2026 following completion of legal procedures.
Deputy Prime Minister Nguyen Hoa Binh commended VRG’s achievements in 2025 despite challenges, noting the group’s strategic role in socio-economic development, national defense, security, and foreign relations. He stressed that VRG’s responsibilities extend beyond profit, emphasizing strict management, efficient land use, and maximizing value from allocated assets.
Looking ahead, he urged VRG to develop production and business strategies aligned with international market trends, strengthen risk management and financial security, and prevent losses and waste. The corporation was also advised to continue restructuring, adopt a modern governance model, and enhance the rubber value chain with deep processing that meets green and low-emission standards.
Additionally, the Deputy Prime Minister highlighted the importance of linking land use to new rural development, ensuring national defense and security in key locations, and prioritizing the welfare of workers, particularly those in remote areas, border regions, and overseas plantations in Laos and Cambodia.
News Courtesy : Vietnam.Vn