Despite tumbling revenue, VRC remained profitable thanks to other business operations such as maintenance of railway infrastructure facilities, warehouses and real estate. Thanks to its good business results, the company pays an annual dividend at more than 20%. In his speech, Georg Brunauer, CEO of Novapecc Co, which specialises in hi-tech industries, said his company planned to enter the Vietnamese market as soon as possible. The business exchange in Austria was organised as part of a Vietnamese business delegation’s trip led by the VCCI to the European Union from August 18 to 28. He said the pact will help Vietnam improve its business environment and accelerate economic restructuring towards increasing added value and competitiveness in the global value chain.

Source: VietNamNet News August 26, 2016 05:03 UTC