Chu Se – Kampong Thom Rubber Joint Stock Company (a member of the Vietnam Rubber Group – VRG) has achieved significant success in developing rubber projects in Cambodia under the agreement between the Vietnamese and Cambodian governments.
Chu Se – Kampong Thom Rubber Joint Stock Company, operating in Kampong Thom province, Cambodia, currently manages and cultivates over 16,000 hectares of rubber. With a workforce of 3,392 people (156 Vietnamese and 3,236 Cambodians), the company achieved an average monthly income of 7.4 million VND per employee in the first half of 2024. The company has been assigned a production target of 29,200 tons of VRG by the Vietnam Rubber Group, with an average rubber yield per hectare of 1.79 tons. Total revenue in the first half of 2024 reached 533.86 billion VND, representing 48% of the annual target of 1,116.62 billion VND. Pre-tax profit exceeded 111 billion VND, reaching 54% of the annual target (over 202.761 billion VND).
With more than 15 years of experience in Cambodia, Chu Se – Kampong Thom Rubber Joint Stock Company is well-positioned to set ambitious goals for future growth and development.
Specifically, the company will develop a sustainable development plan for the 2024-2060 period that strikes a balance between economic growth, social development, environmental protection, and governance. This plan will prioritize capital restructuring and efficient use of resources.
As part of the sustainable development plan, the company will commence the second-cycle replanting project from 2027. To effectively manage the harvesting of rubberwood during the replanting process, the company is planning to construct a wood processing plant in accordance with VRG’s guidelines. Preliminary surveys for this project have already been conducted.
The company is committed to expanding its product portfolio beyond CSR10 and CSR20. By investing in research and development, the company aims to introduce innovative products such as latex, CV50, and CV60 to cater to the growing demand for specialized rubber materials.
The company is committed to maintaining and growing its market presence by focusing on product quality and customer satisfaction. Through strategic partnerships and international collaborations, the company will expand its reach into global markets.
By investing in science and technology, the company is accelerating its digital transformation through research and application of advanced technologies and automation in production to streamline its operational management.
In addition, the company invests in training its workforce and modernizing its equipment. By continuously investing in state-of-the-art specialized equipment and fostering a culture of technological innovation, the company is well-positioned to meet the demands of future growth.
Source : Thanh Niên
