More rubber firms expand to Cambodia
24 | 08 | 2007
Three Vietnamese businesses have teamed up to kick-start a joint stock company that will cultivate rubber trees in Cambodia. The Phu Rieng-Karatie Joint Stock Co has a total chartered capital of 200 billion dong . The Vietnam Rubber Industry Group holds a 40% stake in the company, with the Phu Rieng Rubber Co and the Da River Corp coming in for 30% each.