Tuesday, 06/11/2007 11:22

Vinachem joins world’s top 75 tyremakers

The Southern Rubber Industry Joint Stock Company, a member of the Viet Nam National Chemical Corporation (Vinachem) has joined the top 75 tyre manufacturers in the world, as voted by the Association of Rubber Consuming Countries.

The company has enjoyed considerable growth, achieving 1.8 trillion VND – 1.9 trillion VND (112.5 million – 118.75 million USD) in revenue this year, represented as 30-40 percent share of the local market.

Casumina now exports to 36 countries after recently expanding its manufacturing to India and Europe . It earned 20 million USD in the first eight months of the year.

VNA

Other News

>   Vietcombank’s IPO delayed, once again (06/11/2007)

>   PetroVietnam fertiliser arm becomes biggest blue-chip (06/11/2007)

>   Stock indexes decrease sharply (05/11/2007)

>   Securities trading floor opens in Quang Ninh (05/11/2007)

>   Seafood shares: strong and steady wins the race (05/11/2007)

>   Hanoi bourse witnesses busiest trading month in October (05/11/2007)

>   Day traders chill blue chips in switch to small caps, IPOs pending (04/11/2007)

>   Tam Phuoc Industrial Park : Information on auction registrasion (02/11/2007)

>   VTB: Financial Statement For quarter 3 – 2007 (02/11/2007)

>   HAS: Insider Trading (02/11/2007)

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