Vinachem targets 10% growth in revenue, profit

Viet Nam Chemical Industry Group (Vinachem) is targeting revenue of VND50.5 trillion ($2.25 billion) and profits of VND1.8 trillion ($81.4 million) in 2016.

They expect growth of 10.7 per cent in revenue and a 10.2 per cent in profits, as compared to 2015.

Last year, the State-owned group reached total export-import turnover of $516 million including the export value of $268 million, up 18.2 per cent for the previous year and the import value of $248 million, down 5.1 per cent compared with 2014.

Currently, the group's 1.6 billion shares were traded on the OTC market.

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