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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.

Prices of some automobile models suddenly increase to contradict common trend

Truong Hai Auto Corporation (Thaco) has announced a slight reduction of some Mazda models’ prices while Honda CR-V’s price is also showing signs of increasing before Tet holiday.

As taxes fall to zero, automakers race to offer discounts

A series of cars in the Vietnam market such as Chevrolet Vietnam, Truong Hai (THACO) and Toyota are offering discounts.

Samsung becomes the largest Vietnamese firm whilst Vingroup tops the biggest Vietnamese private ones

Vietnam Report Joint Stock Company (Vietnam Report) has just released two lists of top 500 largest Vietnamese enterprises and top 500 largest Vietnamese private enterprises in 2017 with top placements belonging to Samsung and Vingroup, respectively.

Managing Director of Brand Finance explained why Vietnamese brands have low value

Compared with some countries in ASEAN region such as Malaysia, Indonesia or Singapore, Vietnam has no brand in top 500 most valuable global brands while these countries have.

THACO becomes a new General Distributor for FUSO Products in Vietnam, replacing Mercedes-Benz Vietnam

Mitsubishi Fuso Truck and Bus Corporation (MFTBC), part of Daimler Trucks Asia, announced Truong Hai Auto Corporation (THACO) as its general distributor in Vietnam, replacing Mercedes-Benz Vietnam (MBV) as the wholesale distributor and local assembly partner for FUSO products.

CEO Tran Ba Duong: high conscientiousness is associated with accomplishments

According to Chairman of Truong Hai Auto Corporation (THACO) Tran Ba Duong, being conscientious, living with our career, having the right and real actions and being determined is a way to start our business successfully.

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