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Profits Plummet for Tire Manufacturing Group

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The second quarter of 2025 witnessed a distinct dichotomy within the rubber industry, with a clear divide between product manufacturers and latex harvesters. While rubber tappers thrived amidst sustained high latex prices, tire manufacturers faced significant challenges due to soaring raw material costs, resulting in their lowest gross profit margins in a decade.

Progress on the Social Housing Project: One Million Homes by 2030

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At the Conference on the Review of the Implementation of Social Housing Development Targets for the first seven months of 2025, Prime Minister Pham Minh Chinh assessed that the initial results were encouraging. However, to achieve the goals of the project, including the completion of 100,000 social housing units in 2025, much work remains to be done.

“DS3 Fined for Late Disclosure: Record-High Half-Year Profits, Yet Still in the Red Overall”

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Despite facing penalties for delayed financial disclosures, the Joint Stock Company for River Management No. 3 (HNX: DS3) has recorded its highest-ever revenue and profits for the first half of the year. However, the weight of accumulated losses from 2022 continues to burden the company, resulting in a negative cumulative close to VND 12 billion, and keeping its stocks on the HNX warning list.