VRG Dismisses a Senior Executive

The Vietnam Rubber Group (VRG) has announced the dismissal of Mr. Tran Ngoc Thuan from the position of Board Member in accordance with the resolution of the 2025 Annual General Meeting, effective from June 17, 2025. The General Meeting also approved reports on the performance of the 2024 business year, with total revenue reaching VND 28,739 billion and pre-tax profit VND 5,606 billion, exceeding the plan by 115% and 137%, respectively. The Board proposed increasing dividends from 3% to 4%, equating to VND 1,600 billion for 2024, and allocating an additional VND 704 billion for the development investment fund. Additionally, the meeting reported on the remuneration for the Board and Supervisory Board for 2024 and the plan for 2025, with total remuneration for non-executive members in 2024 set at VND 606 million. VRG also plans to invest an additional 70,000 hectares of rubber in Laos and Cambodia.

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