A steel radial vehicle tire factory with an annual capacity of 600,000 tires in Da Nang central city, the first of its kind in Vietnam, is expected to be in full operation on June 29, said a report by Vietnam News Agency (VNA).

The newspaper quoted the Vietnam National Chemical Group (Vinachem), its operator, as saying the construction of the factory began in 2011 and was built on an area of over 10 hectares in Lien Chieu Industrial Park.

The report said the factory is expected to satisfy domestic and foreign partners’ radial truck tire demand.

According to VNA, the Southern Rubber Industry Joint Stock Company or Casumina, a Vinachem affiliate, is speeding up the construction of another radial tire factory with an annual capacity of about one million tires.