01/12/2015

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VIETNAM: VN rubber firm exports tyres to US

Accordingly, Casumina will ship 200,000 tyres worth 57 million USD to the US from now to the end of the year. Representative from the rubber company said in an attempt to obtain the order, the company has invested in technology and equipment to produce all-steel radial tyres. Casumina is one of the leading domestic makers of car tyres in Vietnam. The company put into operation an all-steel radial truck tyre factory in the southern province of Binh Duong last April. The 3.38 trillion VND (161 million USD) factory, the most modern of its kind in Vietnam, was co-invested by the Vietnam National Chemical Group (Vinachem) and Casumina, and is capable of producing 1 million units per year. Source: Daily "VietnamPlus”, Hanoi; 6 Jan 2015
(Syed Rashid Ali, Karachi, Pakistan)

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