In the context of the current rubber market with many volatilities,, after the visit and inspection in Quang Nam, VRG's chairman adjusted the rubber production plan 2018 in the province.
The rubber visit and inspection in Quang Nam province
After visiting and inspecting rubber of Quang Nam and Nam Giang - Quang Nam Rubber Limited companies, on 07 – 08 November, Mr. Tran Ngoc Thuan - VRG’s Chairman made a conclusion on the adjustment of the production plan 2018.
At the meeting with the two companies, Mr. Tran Ngoc Thuan praised many results of the entire staff regarding business production gaining in the past 10 months. Although the rubber market has fluctuated, especially the rubber price and limitations in the rubber latex exploitation and processing, the leaders and employees of two companies proactively overcome the difficulties and assure the income to the whole staff in the past 10 months.
Adjusting production plan 2018 for Quang Nam Rubber
Getting loan capital to invest in rubber plantations during the period of high rubber latex price (2012-2016) has greatly influenced the balance of rubber latex price of the two companies at present.
For Quang Nam Rubber One Member Limited Company, due to objective conditions in lacking workers over 500 hectares of rubber, the adjustment of the production plan is to decrease to 1.630 tonnes in 2018. For Nam Giang-Quang Nam Rubber One Member Limited Company, it must complete the initial output that VRG offered which is 500 tonnes of rubber latex.
On this occasion, Mr. Tran Ngoc Thuan also worked with Quang Nam Provincial Party Committee to preliminarily conduct the coordination regulations between the Standing Committee of Quang Nam province and the VRG Party Committee. In addition to the report summary on the general business performance of two rubber companies located in Quang Nam province and the VRG’s business production, Mr. Thuan highly appreciated the interest of the Quang Nam Party Committee. At the same time, he petitioned for solving major problems related to production and business activities of the members of the Group in Quang Nam, making a contribution to the development of VRG as well as Quang Nam.
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20 November 2018