The Vietnam Rubber Group - JSC (VRG) on March 17 moved 4 billion shares coded GVR listed on the Unlisted Public Company Market (UPCoM) to the Ho Chi Minh Stock Exchange (HoSE).
The ceremony marking the listing of GVR on the Ho Chi Minh Stock Exchange on March 17 (Photo: VNA)
HCM City (VNA) – The Vietnam Rubber Group - JSC (VRG) on March17 moved 4 billion shares coded GVR listed on the Unlisted Public Company Market (UPCoM)to the Ho Chi Minh Stock Exchange (HoSE).
The HoSE approved the listing of GVR stocks with a total value of 40trillion VND (nearly 1.72 billion USD). The reference price on the firsttrading day was set at 11,570 VND per share with the fluctuation range of ± 20percent.
VRG Chairman Tran Ngoc Thuan said the listing on the HoSE will put thecorporation in a better position and help it improve li🐷quidity, attract moreinvestors and heighten its reputation.
Thecompany offered 475.1 million shares in an initial public offering (IPO) a yearago. With the average successful auction price at 13,011 VND (0.56 USD) pershare, it collected 1.3 trillion VND through the IPO. The group soon after thatregistered to list more than 99 million shares on the UPCOM. More than a yearlater, in early July 2019, the Hanoi Stock Exchange (HNX) approved the registerof trading for another 3.9 billion GVR shares on the UPCoM, bringing the totalnumber of shares trading on the stock market to 4 billion. Asof December 20, 2019, the group has only one major shareholder, which is theCommittee for Management of State Capital at Enterprises (CMSC), which holds 96.77 percent ofthe charter capital. On the stock market, theprice of GVR shares are traded at 12,600 VND per share, an increase of morethan 25 percent since the beginning of the year. The company's revenue lastyear reached 20 trillion VND, meeting only 83 percent of the yearly plan.Post-tax profit reached 3.99 trillion VND, fulfilling 96 percent of the year'sprofit target assigned by the General Meeting of Shareholders./
The Vietnam Rubber Group JSC (GVR) will move four billion of its shares listing on the Unlisted Public Company Market (UPCoM) to the Ho Chi Minh Stock Exchange (HoSE).
Margin lending may be allowed on the Unlisted Pubic Company Market (UPCoM), the State Securities Commission (SSC) vice chairman Pham Hong Son has said.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) took a nosedive to close at 835.49 points on March 9, recording the worst slump since 2002.
The Vietnamese stock market had a tough time throughout February with most stocks weakening amid concern about the global spread of the coronavirus disease(COVID-19).
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
The ceremony marking the listing of GVR on the Ho Chi Minh Stock Exchange on March 17 (Photo: VNA) 
