Zhongce Rubber Group Co., Ltd. (ZC Rubber) has announced plans for a new tire manufacturing facility in Vietnam. The plant will be located in IDICO Phu My II Expansion Industrial Park, cover 344,195 square meters and is expected to begin production in 2027.

The project will be operated by the newly established ZHONGCE RUBBER VIETNAM COMPANY LIMITED (ZCV). On Nov. 12, 2026, ZC Rubber received the project's investment registration certificate and signed a land sublease agreement with IDICO Corporation at a ceremony in Ho Chi Minh City.

"Our overseas investments are guided by a long-term goal: to build a manufacturing network that supports our customers as their markets evolve," said Henry Shen, senior deputy general manager of ZC Rubber. "The Vietnam facility will give us greater flexibility to serve key markets and support our partners' growth. We appreciate the support of the local authorities and will work closely with IDICO to deliver this project to high standards."

The company said Vietnam's location, trade connections and industrial infrastructure support the investment. The facility is intended to serve demand in Vietnam and Southeast Asia, and also to supply international markets including Europe and North America.

ZC Rubber described the project as part of a broader plan to diversify its production footprint and strengthen global supply, with the aim of improving flexibility and support for distributors and customers worldwide.