AsemconnectVietnam - On the morning of June 17th, the Vietnam Rubber Industry Group (GVR) held its 2026 annual general meeting, approving several important items.

With a forecast of higher average rubber prices in 2026 compared to 2025, at least a 5% increase and potentially a 10% increase, GVR aims for consolidated revenue of VND33,799 billion this year, a 4.2% increase compared to 2025; consolidated after-tax profit is expected to reach VND5,558 billion, a 7% decrease compared to the previous year.
For the parent company - the Group, the plan for revenue and other income in 2026 is VND6,619 billion, a 5% increase compared to 2025. Expected after-tax profit is VND2,644 billion, a 5.6% increase compared to the previous year. Regarding profit distribution, the Group has approved a dividend payout plan for 2025 at a rate of 4%, equivalent to VND1,600 billion.
In the first five months of the year, the Group estimates consolidated revenue reached nearly VND13,730 billion and pre-tax profit reached nearly VND3,900 billion, an increase of over 30% compared to the same period in 2025.
These results stem from the improved efficiency of rubber production and business operations; the Group's restructuring of member companies in terms of organization and finance. In addition, high-tech agriculture, industrial parks, and other services also contributed positively to the results.
According to Mr. Do Huu Phuoc, Deputy General Director of GVR, the industrial park infrastructure investment sector will be one of the Group's core pillars in the period 2026-2030 and beyond. In Ho Chi Minh City, the Group proposes developing 10 industrial parks with a total area of approximately 7,000 hectares in the period 2026-2030. At the same time, the Group is also promoting new projects in Dong Nai and Lam Dong, including industrial parks and renewable energy projects.
Specifically in 2026, the Group will focus on two main tasks:
Firstly, implementing investment in groups of industrial parks that have already received investment approval, including Hiep Thanh, Minh Hung 3, Bac Dong Phu, An Dien, and Rach Bap. Secondly, focus on completing the tasks of registering investment policies to obtain approval from local authorities for the Group and its member units to act as investors, and simultaneously approve the investment policies.
The Group's future orientation is to transform all existing industrial parks into green industrial park models, including new industrial parks and industrial parks associated with renewable energy projects and solar farms to provide clean electricity to investors within the industrial parks.
Regarding the plan to restructure state capital at the parent company, the Group will develop a plan for restructuring state capital to report to competent state management agencies after the Prime Minister issues a Decision replacing Decision No. 22/2021/QD-TTg dated July 2, 2021, on criteria for classifying state-owned enterprises and enterprises with state capital to carry out ownership transformation, restructuring, and divestment in the 2021-2025 period, for consideration and decision according to regulations. At the congress, Mr. Nguyen Que Duong, Deputy Director of the Enterprise Development Department, Ministry of Finance, stated that the development requirements for state-owned enterprises in the new phase are increasingly higher. The state economy must continue to play a leading role; state-owned enterprises, especially large economic groups and corporations, must truly be the pioneering force, leading in key strategic sectors and fields, with regional and international competitiveness.
Therefore, the Ministry of Finance has outlined several key tasks for GVR in the coming period, focusing on strengthening the monitoring of progress, efficiency, cash flow, budget obligations, and shareholder interests.
For industrial parks, the focus should be on green, smart, and circular industrial park models, attracting investors with high technology and high added value. For wood processing, the focus should be on developing a chain of rubber wood products, wood blanks, artificial wood, and branded furniture products. For renewable energy, careful research is needed, selecting projects that align with planning, have the potential for grid connection, are financially viable, and possess the capacity for risk management.
Source: VITIC/Dau tu Chung khoan