On the afternoon of April 24, Southern Rubber Industry Joint Stock Company (CASUMINA) held a ceremony to celebrate the 50th anniversary of the company's establishment (April 19, 1976 – April 19, 2026).
Attending were leaders of the Ministry of Industry and Trade, Vietnam National Chemical Group.
CASUMINA's report said that the company was established on April 19, 1976 on the basis of 2 bicycle tire factories serving domestic demand. Gradually developing, to date, the company owns many factories and modern production lines. Currently, the company's 4 large factories produce nearly 50 million products/year, meeting domestic and export demand.
CASUMINA branded products are present in more than 20 countries, including many markets requiring high technical standards such as the US and Europe. CASUMINA's total revenue is about 5,000 billion VND, of which export revenue is from 2,000 - 2,500 billion VND/year. CASUMINA's average income for employees in 2025 is 15.7 million VND/person/month, equal to 126% compared to 2024.
According to Mr. Nguyen Dinh Khoat - Secretary of the Party Committee, General Director of CASUMINA - CASUMINA aims to become the leading tire and tube manufacturer in Southeast Asia with clear strategies and orientations, developing in a green and sustainable direction, meeting international standards on environment and corporate social responsibility.
It is expected that in June 2026, CASUMINA will complete the establishment of intellectual property rights for the 4.0 factory model, marking a development step in the digital transformation process, towards becoming a typical smart manufacturing unit in the Vietnamese chemical industry.
The process of expanding international markets not only reflects trade capacity, but also shows maturity in technology, management and product quality of Vietnamese businesses in general and CASUMINA in particular in the global value chain.
Stepping into the next development stage, on the foundation accumulated over the past 50 years, CASUMINA continues to firmly aim for development based on innovation, efficiency and sustainability. CASUMINA will constantly improve production capacity, improve technology, expand markets, and focus on developing human resources and improving product quality, better meeting the requirements of customers and the market," Mr. Khoat emphasized.
