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Vinachem Leadership Works with DRC, Focusing on Growth Solutions

01:04 PM @ Friday - 11 September, 2026

On the afternoon of 10th September 2026, at Danang Rubber Joint Stock Company (DRC), a delegation from Vietnam National Chemical Group (Vinachem) led by Mr. Phùng Quang Hiệp – Party Secretary and Chairman of the Members’ Council – visited and held a working session with DRC, focusing on solutions to maintain business operations and drive growth in the coming period.

The delegation included Mr. Hoàng Mạnh Thắng – Member of the Members’ Council; Mr. Lê Ngọc Quang – Deputy General Director; Mr. Bùi Văn Thắng – Head of Business Planning; Ms. Nguyễn Thị Thùy Dương – Deputy Head of Finance and Accounting; and Mr. Trương Tuấn Nghĩa – Deputy Head of the Members’ Council Secretariat.

On the DRC side were Mr. Nguyễn Xuân Bắc – Chairman of the Board; Mr. Lê Hoàng Khánh Nhựt – Board Member and General Director; together with other board members, management, and leaders of departments and factories.

DRC Maintains Market and Leverages Product Strengths

At the session, DRC General Director Lê Hoàng Khánh Nhựt presented the business and production results for the first eight months of 2026, plans for the last four months, and the company’s orientation for 2027.

In 2026, the market continued to be affected by global economic fluctuations, geopolitical instability, and supply chain disruptions. In response, DRC proactively maintained its export markets while focusing on developing the domestic market. In the first eight months, the company’s domestic market grew by 32%.

This result was partly due to DRC’s ability to capitalise on its core product lines, including OTR tyres, AG agricultural tyres, TBR truck tyres, and tyres for electric vehicles. Maintaining existing markets and developing products to meet customer needs remain priorities for DRC.

Focusing on Solutions to Sustain Growth

Based on the first eight months’ business and production results, Vinachem and DRC leadership focused discussions on solutions for the remainder of the year and preparations for 2027.

Topics of discussion included maintaining growth in the domestic market, consolidating existing export markets, and increasing connections to seek new customers. DRC will also continue to leverage its product strengths, respond proactively to market changes, and improve business and production efficiency.

Vinachem’s leadership agreed with the directions proposed by DRC. Speaking at the meeting, Mr. Phùng Quang Hiệp emphasised that DRC must continue to make every effort, with suitable solutions, to stabilise business operations, maintain markets, and safeguard employment and income for workers.

Based on the discussions, DRC will continue to implement the proposed solutions, build on its product and market strengths, and strive to fulfil business targets for 2026, laying the foundation for growth objectives in the years ahead.