Danang Rubber

What Danang Rubber does

Danang Rubber Joint Stock Company (DRC) (Công Ty Cổ Phần Cao Su Đà Nẵng) is a Vietnamese tire and rubber products manufacturer founded December 25, 1975 and listed on the Vietnam Stock Exchange since 2006. The company operates as a member of Vietnam National Chemical Group (Vinachem), a state-owned parent, and is headquartered in Da Nang with three regional representative offices across Vietnam. DRC employs approximately 2,000 people and distributes through 2,000 tier-1 and tier-2 distributors domestically while exporting to roughly 50 countries and territories across Southeast Asia, Asia-Pacific, the Middle East, Europe, Africa, and the Americas.

The company's product portfolio is organized across six lines: (1) PCR passenger car radials under the DriveFORCE brand (PCR, SUV/LTR, ST, Van sub-brands); (2) Radial tires (TBR truck/bus, semi-steel, all-steel, golf) produced at the Radial Tire Factory whose Phase 3 expansion (December 19, 2025) raised capacity from 600,000 to 1 million tires per year; (3) Bias tires (light-truck, heavy-duty, agricultural, and OTR — including industrial, mining, port service, and retreaded sub-categories); (4) Bicycle and motorcycle tires under the DPLUS tubeless brand plus electric-vehicle variants; (5) inner tubes and flaps for cars, motorcycles, bicycles, and agricultural equipment; and (6) technical rubber products including marine fenders and bridge bearings for port and maritime infrastructure. A specialized seventh line covers defense products, notably the 680x260R355 aircraft tire co-developed with Vietnam's Air Defense-Air Force Engineering Institute for the YAK-130 military trainer.

DRC generates revenue primarily through B2B hardware sales across four horizontal customer segments — Commercial Vehicle Transportation, Agricultural, Industrial/Mining/Port Operations, and Consumer Vehicles — plus two specialized segments in Defense/Military and Port/Maritime Infrastructure. Pricing is not publicly disclosed; the go-to-market combines a 2,000+ distributor channel network, direct enterprise sales to anchor accounts (VIMC, Tan Cang Ben Thanh, Da Na Tire JSC, Ministry of Defense), trade exhibition presence (Vietnam Expo, Vinachem Expo, Made in Da Nang Expo, Vietnam Autumn Fair), and factory-direct sales through an M2 Warranty Center. Brand equity is reinforced by National Brand status and a Top 10 Green ESG Enterprises 2026 recognition.

Name

Danang Rubber

Legal name

Công Ty Cổ Phần Cao Su Đà Nẵng

Website

https://drc.com.vn

Company type

Public

Founded year

1975

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Danang Rubber Joint Stock Company (DRC) is a Vietnamese tire and rubber products manufacturer producing PCR, TBR, bias, agricultural, OTR, bicycle/motorcycle tires, technical rubber, and defense aircraft tires, serving commercial, agricultural, defense, and consumer segments via 2,000 domestic distributors and exports to 50 countries.

Ownership category

akta.pro rank

Product category

Tire Manufacturing

NAICS

Tire Manufacturing (except Retreading) (326211), Tire Manufacturing (32621), Rubber Product Manufacturing (3262), All Other Rubber Product Manufacturing (326299), Tire and Tube Merchant Wholesalers (42313)

SIC

Tires & Inner Tubes (3011), Fabricated Rubber Products, Nec (3060), Motor Vehicle Parts & Accessories (3714)

akta.pro primary industry

Tires Manufacturing (IMACAIAK)

akta.pro secondary industries

Off-the-Road (OTR) & Heavy Equipment Tires Manufacturing (IMANAKAD), Agricultural Tires Manufacturing (IMANAKAE), Light Truck/SUV Tires Manufacturing (IMANAKAB)

Keywords

• Tire manufacturing
• Rubber products
• Radial tires
• Agricultural tires
• Technical rubber

Headquarters

HQ city

Da Nang

HQ country

Vietnam

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Tire Sales: Core revenue from manufacturing and selling tires across multiple categories: PCR, Radial (TBR, semi-steel), Bias (light truck, heavy duty, agricultural, OTR), and retreaded tires. Revenue from 600,000 radial tire capacity expanded to 1 million after Phase 3.
2. Inner Tube and Flap Sales: Production and sales of inner tubes for automobiles, motorcycles, bicycles, and agricultural equipment, along with flaps (yếm) for various vehicle types.
3. Technical Rubber Products: Specialized technical rubber components including marine fenders, bridge bearings serving port infrastructure, maritime applications, and heavy industries.
4. Defense/Military Products: Aircraft tires and specialized rubber products developed in cooperation with the Ministry of National Defense for defense applications.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Danang Rubber Joint Stock Company (DRC) is a Vietnamese manufacturer of tires, inner tubes, flaps and technical rubber products, producing PCR (Passenger Car Radial) tires under the DriveFORCE brand, Radial tires (TBR, semi-steel, all-steel, golf), Bias tires (light-truck, heavy-duty, agricultural, OTR for industrial/mining/port and retreaded), bicycle and motorcycle tires including the DPLUS tubeless line, and specialized products such as marine fenders, bridge bearings and the Aircraft Tire 680x260R355 developed for the YAK-130 military aircraft. The Radial Tire Factory's Phase 3 expansion (inaugurated December 19, 2025) raised production capacity to 1 million tires per year, with products distributed through 2,000+ domestic distributors and exported to 50 countries and territories.

Product overview

Danang Rubber Joint Stock Company (DRC) is a leading tire and tube manufacturer in Vietnam with nearly 50 years of heritage (established December 1975). The company operates a multi-category, multi-brand product portfolio organized around four core tire lines: (1) PCR (Passenger Car Radial) tires under the DriveFORCE brand encompassing PCR DriveFORCE, SUV/LTR DriveFORCE, ST DriveFORCE, and Van DriveFORCE sub-brands; (2) Radial tires including TBR (Truck Bus Radial), Semi-Steel, All-Steel, and Golf tire sub-categories, manufactured at the Radial Tire Factory (Phase 3 expansion reaching 1 million tires/year capacity); (3) Bias tires covering Light-Truck, Heavy-Duty, Agricultural (AG), and OTR (Off-The-Road) segments including Industrial, Mining, Port Service, and Retreaded sub-categories; and (4) Bicycle-Motorcycle tires under the DPLUS tubeless brand and standard tube-type lines including Electric Motorcycle and Electric Bicycle variants. Complementing the tire portfolio are (5) Săm Yếm (Inner Tubes and Flaps) product lines for cars, agricultural equipment, motorcycles, and bicycles, and (6) Technical Rubber Products including marine fenders and bridge bearings for industrial and infrastructure applications. The company also produces specialized defense products such as the Aircraft Tire 680x260R355 for military aviation. Products are distributed through over 2,000 tier-1 and tier-2 distributors across Vietnam and exported to approximately 50 countries and territories.

Differentiator

Problem solved

Functional benefit

Products and services

• DriveFORCE PCR Tire Brand Primary PCR (Passenger Car Radial) tire brand of Danang Rubber serving passenger cars, SUVs, light trucks, vans and specialty applications; exported to over 50 countries and territories.
• Radial Tire Line (TBR, Semi-Steel, All-Steel, Golf) Radial tire line covering Truck and Bus Radial (TBR), semi-steel and all-steel radial variants (including 14.00R25 heavy-duty size) plus golf cart tires, manufactured at the Radial Tire Factory with 1 million tires/year capacity.
• Bias Tire Line (Light-Truck, Heavy-Duty, Agricultural, OTR, Retreaded) Bias-ply tire line including light-truck, heavy-duty, agricultural, OTR (industrial, mining, port service) and retreaded variants for commercial vehicles, farms, mines, ports and industrial facilities.
• DRC New Agricultural Tire Lineup New agricultural tire sizes (14.9-24, 11.2-38, 16.9-30) designed for tractors, harvesters and specialized farming equipment with heavy load capacity, strong traction and lasting durability in demanding field conditions.
• DPLUS Tubeless Motorcycle Tire Brand Tubeless motorcycle tire brand featuring no inner tube design for enhanced safety, reduced weight and improved fuel efficiency.
• Bicycle and Motorcycle Tire Line (Tube-Type, Electric Motorcycle, Electric Bicycle, Bicycle) Bicycle and motorcycle tire line including conventional tube-type motorcycle tires, electric motorcycle tires, electric bicycle tires and standard bicycle tires.
• Inner Tubes and Flaps Product Line (Săm Yếm) Inner tubes and flaps for cars, agricultural equipment, motorcycles and bicycles, serving both OEM and aftermarket replacement segments.
• Technical Rubber Products Specialized technical rubber components including marine fenders, bridge bearings and other rubber parts for port, maritime and industrial infrastructure projects, offering high durability and load-bearing capacity.
• DRC Aircraft Tire 680x260R355 Aircraft tire model 680x260R355 developed for the YAK-130 military training aircraft in cooperation with the Air Defense-Air Force Engineering Institute of Vietnam's Ministry of National Defense, meeting stringent aviation safety and performance standards.

Quantifiable outcome

• Top 10 Green ESG Enterprises in Vietnam 2026 - reaffirms position as Vietnam's leading tire manufacturer
• +2 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and strategic.

• Vietnam National Chemical Group (Vinachem)coreStrategic or Co-development Partner · 29 May 2026Vinachem is the parent company and strategic partner of DRC. The Group includes DRC as a member company. Vinachem coordinates with DRC for major cooperation discussions including the Lien Chieu Container Port project and technology/quality initiatives. Vinachem leadership (Mr. Nguyen Huu Tu - General Director, Mr. Phung Quang Hiep - Chairman) regularly visits DRC for working sessions and annual meetings.
• Hateco GroupstrategicStrategic or Co-development Partner · 29 May 2026Hateco Group is discussing potential cooperation with DRC and Vinachem for supplying technical rubber products at the Lien Chieu Container Port megaproject in Da Nang. This is a key infrastructure project envisioned to become a major logistics and maritime hub for Central Vietnam.
• Vietnam Maritime Corporation (VIMC)coreStrategic or Co-development Partner · 12 March 2026VIMC and DRC have ongoing cooperation for technical rubber products. On March 12, 2026, both parties agreed to elevate their partnership, with DRC supplying products while also using VIMC's logistics, warehousing, and related services. Goal is double-digit growth alignment. Both parties operate under '5 Clearly Defined Principles' for execution clarity.
• Air Defense-Air Force Engineering Institute (Ministry of National Defense)strategicStrategic or Co-development Partner · 29 December 2025Co-development partner for aircraft tire 680x260R355 for YAK-130 military aircraft. The institute collaborated with DRC in research, design, and manufacturing of this specialized defense product. Product selected for display at Vinachem's 2025 year-end conference.
• Tan Cang Ben Thanh CorporationcoreStrategic or Co-development Partner · 14 November 2025Tan Cang Ben Thanh and DRC maintain cooperation with DRC supplying rubber products for port operations. Delegation visited DRC factory including VILAS 882 Testing Laboratory, Retread Tire Factory and Radial Tire Factory to understand DRC's capabilities.
• Da Na Tire Joint Stock CompanycoreChannel Partner/ Reseller/ Distributor · 19 September 2025Da Na Tire JSC is a key dealer/distributor of DRC products, particularly for the Ho Chi Minh City market. The company and its dealer network visited DRC factory to strengthen partnership and explore expansion across segments including truck/bus tires (Radial/Bias), OTR tires, agricultural tires, and motorcycle/bicycle tires.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Michelin: Global tire leader with deep presence across passenger, commercial, specialty, and sustainable tire categories. A broad incumbent whose premium positioning and global OEM relationships set the competitive ceiling for tier-two players like DRC.
• Bridgestone: World's largest tire manufacturer with comprehensive passenger, commercial, OTR, agricultural, and aviation tire lines. A broad incumbent competitor across all DRC segments, with vastly greater R&D, brand, and distribution scale.

Direct peers

• Sailun Group: Chinese tire manufacturer producing passenger car radial, truck/bus radial, and off-the-road tires at similar mid-tier scale. Comparable broad product portfolio across consumer, commercial, and OTR segments in emerging markets.
• Kumho Tire: Korean mid-tier global tire producer offering PCR, TBR, light truck, and OTR products. Comparable broad portfolio with stronger international brand presence, providing an aspirational reference point for DRC's export ambitions.
• Triangle Tire: Chinese tire manufacturer with a comparable product breadth spanning PCR, TBR, OTR, agricultural, and industrial tires. Similar positioning as a broad-line Asian mid-tier tire maker competing on price in domestic and export markets.
• MRF Limited: Indian tire maker with broad product range across passenger, commercial, agricultural, and off-the-road segments. Comparable mid-tier emerging-market tire manufacturer with multi-category portfolio.
• Sentury Tire: Chinese mid-tier tire manufacturer with PCR, light truck, and commercial radial offerings, plus growing presence in aviation tires. Comparable scale and product breadth to DRC, including a parallel aerospace/defense push.
• Apollo Tyres: Indian tire manufacturer with passenger, commercial, agricultural, and OTR offerings plus growing European footprint. Comparable emerging-market origin story with broad-line tire manufacturing and international expansion.
• Hangzhou Zhongce Rubber: China's largest domestic tire maker (Westlake, Goodride, Chaoyang brands) producing passenger, commercial, OTR, and two-wheeler tires. Closely comparable in multi-category tire breadth and emerging-market export orientation.
• Cheng Shin Tire (Maxxis): Taiwanese tire maker with a broad product line spanning passenger, truck/bus, agricultural, OTR, motorcycle, and bicycle tires. Highly comparable portfolio breadth, especially in two-wheeler and bicycle categories where DRC also competes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/danang-rubber-jsc

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Danang Rubber