VRG sets higher growth targets

VRG sets higher growth targets

For the 2026–2030 period, VRG has set an overarching goal of achieving growth of 10 per cent or higher, while maintaining stable and sustainable development.

The rubber sector – the group’s core business – continues to play a pillar role, with output exceeding 462,000 tonnes. — Photo tinnhanhchungkhoan.vn

Building on a strong performance last year, the Vietnam Rubber Group (VRG) is targeting higher growth in revenue, profit and employee income in 2026 as it seeks to strengthen efficiency and competitiveness while maintaining sustainable development.

VRG aims to raise consolidated revenue and other income by 5.6 per cent this year compared with 2025. It is also targeting a 5.7 per cent increase in consolidated pre-tax profit and a 5.5 per cent rise in consolidated after-tax profit.

The group also plans to lift average monthly income to about VNĐ12–12.2 million (US$461–$470) per employee, representing a year-on-year increase of roughly 9–10 per cent.

Looking ahead to the 2026–30 period, VRG has set an overarching objective of achieving growth of 10 per cent or higher while ensuring stable and sustainable development.

The group said it will focus on improving the quality of growth, efficiency and competitiveness, while maintaining a balanced approach to the interests of the State, enterprises, investors and employees.

In 2025, VRG recorded several notable business and production results. Revenue and other income reached VNĐ32 trillion, equivalent to 103.1 per cent of the annual plan.

Pre-tax profit stood at VNĐ6.5 trillion, or 111.8 per cent of the target, while after-tax profit reached VNĐ5.3 trillion, meeting 105.9 per cent of the plan.

Contributions to the State budget totalled VNĐ4.6 trillion, achieving 103.2 per cent of the plan.

The rubber sector, the group’s core business, continued to play a central role, with output exceeding 462,000 tonnes.

Higher average selling prices helped rubber-related revenue surpass VNĐ27 trillion, up more than 10 per cent compared with 2024.

Other sectors, including wood processing, industrial park infrastructure, hydropower, renewable energy and high-tech agriculture, also met or exceeded their targets and made positive contributions to overall growth. 

Bizhub