- Business
- Saovang Rubber Joint Stock Company is a Vietnam-based manufacturer specializing in the production, processing, and distribution of vehicle tires, inner tubes, and technical rubber products for commercial, industrial, and consumer markets. Founded in 1960 and headquartered in Hanoi, Vietnam, the company operates primarily within the automotive components and industrial rubber manufacturing sectors under the Sao Vang (SRC) brand. Its product portfolio comprises bicycle tires and inner tubes; motorcycle, electric bicycle, and scooter tires and tubes; light truck, heavy truck, commercial bus, and passenger vehicle tires; agricultural machinery, tractor, and industrial off-road vehicle tires; aircraft tire retreading and military vehicle specialized tires; industrial rubber conveyor belts and flat transmission belts; molded technical rubber components, including rubber sheets, gaskets, seals, vibration isolators, and industrial footwear soles; and custom-mixed rubber compounds for industrial manufacturing applications. Saovang Rubber Joint Stock Company serves original equipment manufacturers, transportation fleets, agricultural operators, and retail replacement markets throughout Vietnam via an extensive nationwide distribution network, while exporting products to regional markets across Southeast Asia, South Asia, the Middle East, and Latin America. In recent corporate developments, the company has undertaken major strategic operational shifts by advancing the relocation and modernization of its primary production facilities from its central Hanoi site to modern manufacturing bases, including its expanded facility in Chau Son Industrial Park, Ha Nam Province, to enhance environmental compliance and operational throughput. In parallel, the company has restructured its capital allocation following ownership adjustments involving the Vietnam National Chemical Group (Vinachem) and private strategic partners, expanding its collaboration with domestic conglomerates such as Hoanh Son Group to optimize supply chain synergies, upgrade production lines toward tubeless and radial tire models, and advance the commercial development of its prime urban land assets.