CSVN – From March 16 to 21, a delegation of Vietnam Rubber Group (VRG) executives and member company leaders visited Qingdao City, Shandong Province, China, to work with several major rubber partners, including Sailun Group, Newfortune, Mainland, and Jinyu Company.
Strengthening Cooperation with Sailun Group
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The VRG delegation included Mr. Lê Thanh Hưng – General Director of VRG, Mr. Trần Như Hùng – Head of VRG Market and Business Department, Mr. Đỗ Minh Tuấn – General Director of Dong Nai Rubber Corporation, Mr. Lê Đức Hân – General Director of Kon Tum Rubber Company, Mr. Ngô Quyền – General Director of Viet-Lao Rubber Company, Mr. Nguyễn Duy Linh – General Director of Chu Sê Kampong Thom Rubber Company, and Mr. Đồng Văn Tuấn Đạt – Deputy General Director of Bean Heack Rubber Company.
During the meeting with Sailun Group on March 20, Mr. Yuan Zhongxue, Chairman of Sailun Group, expressed his intent to strengthen communication and coordination with VRG on product development and market trends. Both sides agreed to enhance rubber trade, especially increasing purchases from VRG’s plantations in Laos and Cambodia in 2023.
“Sailun is committed to maintaining its long-term partnership with VRG and expanding cooperation in product development and sustainable sourcing,” Mr. Yuan said.
About Sailun Group
Sailun Group is China’s first A-grade private tire manufacturer, with modern tire factories and an extensive sales and logistics network serving America and Europe through hubs in Canada and Germany.
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Annual production capacity: 26.6 million TBR tires, 88 million PCR tires, and 310,000 tons of OTR tires.
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Market presence in over 180 countries across Europe, the Americas, Asia, and Africa.
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In 2021, Sailun recorded a revenue of 17.1 billion RMB, ranking second among Chinese tire companies and 15th globally.
The VRG delegation also toured Sailun’s R&D and laboratory center, emphasizing innovation, quality testing, and advanced rubber compound development for the global tire industry.
Expanding Trade with Newfortune and Mainland
On March 18 and 19, VRG held meetings with Newfortune and Mainland companies. Both partners praised VRG’s product quality and standards.
Currently, these firms import VRG’s rubber through trading intermediaries, but they expressed strong interest in establishing direct purchasing agreements once VRG expands production of Mix rubber (SVR Mix, CSR Mix) — which currently enjoys Chinese import tariff advantages.
Representatives from Newfortune and Mainland welcomed VRG’s plan to produce Mix-grade rubber and committed to future direct procurement partnerships once available.
Jinyu Company Expands Long-Term Contracts with VRG
At the meeting with Jinyu Company on March 20, Mr. Chang Hanxu, Chairman of Jinyu Group, confirmed that Jinyu Vietnam has signed a long-term contract with VRG in 2023 for 5,040 tons of SVR10 and CSR10 rubber.
Jinyu’s monthly demand in Vietnam ranges from 15,000 to 20,000 tons, and the company has also evaluated VRG’s facilities in Cambodia for potential future purchases. Both sides agreed to maintain close communication channels to further enhance trade cooperation.
“We value VRG as a reliable and strategic supplier and aim to deepen our collaboration in the coming years,” said Mr. Chang.