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As of December 31, 2025, the parent company of the group reduced its staff from 212 in 2024 to 161 in 2025, a decrease of more than 24%. Employee earnings at the group’s parent company continued to rise year by year. In 2022, the average earnings per employee reached 24 million VND per month, rising to 30.4 million in 2023. The momentum continued in 2024 at 48 million and further increased to 52.6 million per person per month in 2025. In 2025, the Group ensured employment for more than 79,000 workers with an average income of 11 million VND per person per month, while creating income for more than 23,000 local workers in Laos and Cambodia. Currently, the Vietnam Rubber Group has 120 subsidiaries and 16 associated companies, managing over 377,797 hectares of rubber in Vietnam, Laos, and Cambodia. It owns and operates five hydropower companies with total installed capacity of 134 MW. The wood processing sector is one of the Group’s strengths, with total output of about 1.2 million cubic meters per year, including MDF fiberboard (MDF) at 1,077,000 cubic meters, accounting for about 35% of the country’s annual MDF production. VRG is currently managing and developing 14 industrial zones covering more than 4,200 hectares, and is implementing investments in five more zones approved by the government, bringing the total to 19 zones across nearly 6,300 hectares. In 2025, the Group posted net revenue of over 29,078 billion VND, up 10.8% from 2024. After-tax profit reached 5,998 billion VND, up 24.3% year-on-year. Looking to 2026, the Group targets total revenue of 33,799 billion VND, up 4.21% from the previous year. However, pre-tax profit is expected to be 6,902 billion VND (down 2.88%), and after-tax profit 5,558 billion VND (down 7.34%). Meanwhile, consolidated invested capital is projected to increase to 7,266 billion VND, nearly 3.8 times higher than in 2025.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
