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Sales of Thaco increased twofold Toyota Vietnam's in April

Truong Hai Automobile, a local automobile manufacturer, continued to lead the Vietnam automobile market in April 2018 with its sales being over twice the figure for Toyota Vietnam.

Distributed by Thaco, BMW Motorrad prices decrease nearly $9,000

According to the latest price list announced, prices of BMW Motorrad models distributed by Truong Hai Auto Corporation, commonly known as Thaco decrease from VND129 million or equivalent to $5,675 to VND199 million or $8,755.

Thaco inaugurates the Southeast Asia's biggest Mazda car assembly plant

The Thaco Mazda plant in Quang Nam province has just completed its first phase with a capacity of 50,000 units per year and had $308 million disbursed from Truong Hai.

Failure of 'steel fist' and new thinking on multi-sectoral investment

The changes in the way of thinking of Vietnam's leading private corporations should be appreciated, given the fact that Forbes has included Vietnam's four business people in the list of billionaires in the world.

Billionaires in the hand of banks

Being a billionaire by owning billions of dollar of assets, many Vietnamese businesses use these assets to secure their loans or related companies at banks.

Founding owners of Hoa Phat and Thaco Corporations announced billionaires in the world

Besides Pham Nhat Vuong and Nguyen Thi Phuong Thao, there are two Vietnamese businessmen's names placed in the World’s Billionaires list 2018 just announced by the reputable Forbes.

Heated arguments related to Decree 116 and Circular 03 on auto restrictions

The Decree No. 116/2017/NĐ-CP and the Circular No.03/2018/TT-BGTVT have recently created a controversy among domestic assemblers, producers and importers.

THACO inaugurates the US$22-million agricultural machinery factory

Truong Hai Automobile Joint Stock Company (THACO) has just conducted the grand open ceremony of THACO agricultural machinery manufacturing factory with a capacity of 2,000 tractors a year in Chu Lai - Truong Hai Auto Machinery Industrial Complex belonging to Chu Lai open economic zone in the central Quang Nam province.

Vinfast purchases intellectual property rights from BMW for car production

VinFast Manufacturing and Trading Co., Ltd, Vingroup’s subsidiary entered the US$5 million contract of two sedan and SUV car models with Pininfarina while announcing plans to buy intellectual property rights from BMW to develop the designs.

THACO announces to open 15 BMW and MINI showrooms

Truong Hai Auto Corporation (THACO) has revealed that it will open 15 BMW and MINI showrooms within two years to offer the best maintenance and after-sales services to customers over the country.

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