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HAGL opts out of Myanmar project

HAGL opts out of Myanmar project

HAGL, once the leading real estate firm in Vietnam, has sold its largest project stake in Myanmar to compatriot auto firm Truong Hai.

Car maker Thaco steps up production

Car maker Thaco steps up production

Truong Hai Auto Corporation (THACO) on September 14 inaugurated its upgraded and expanded Thaco KIA factory at the Tam Hiep Industrial Zone in the central province of Quang Nam.

Automobile sales decrease in August

Automobile sales decrease in August

Sales of automobiles saw a month-on-month decline of 19 percent to about 21,480 vehicles in August, according to the Vietnam Automobile Manufacturer Association (VAMA).

A sweet home for mighty investors

A sweet home for mighty investors

Beyond showcasing the most magnificient landscapes and diverse culture, the Central Coast region is focusing on creating a home-sweet-home environment to attract “great eagle” investors to build stable hubs.

Vietnam sees surge in auto sales

Vietnam sees surge in auto sales

Auto sales rose by 22 percent year-on-year to 126,753 units in the first five months of the year, the Vietnam Automobile Manufacturers Association says.

THACO inaugurates luxury car plant in Quang Nam

THACO inaugurates luxury car plant in Quang Nam

The Truong Hai Auto Corporation (THACO) inaugurated a plant manufacturing cars for luxury European brands and debuted the Peugeot Traveller model in the central province of Quang Nam on May 5.

Taking pride in private enterprises

Taking pride in private enterprises

As the Vietnamese economy strives to become more prosperous over the next few years, the country is fostering the development of major private enterprises considered to be a focus of national pride and a new source of prosperity.

Ministry to support domestic automobile industry projects

Ministry to support domestic automobile industry projects

The Ministry of Industry and Trade (MoIT) will implement solutions to support and promote the automobile industry projects of companies such as Truong Hai Automobile Company (Thaco), Thanh Cong Group, VinFast and others.

Local car maker to export to ASEAN, US

Local car maker to export to ASEAN, US

The Truong Hai Automobile Company (Thaco) plans to export locally manufactured buses, cars and semi-trailers as well as spare parts and accessories to the US, Canada, Thailand, Singapore and the Philippines worth 60 million USD in 2019.

Enhancing the auto industry prospects

Enhancing the auto industry prospects

The automobile industry is one of the world’s most important economic sectors by revenue. In Vietnam in particular, the industry dated from 1955 after the liberation of North Vietnam. Between 1955 and 1975, the nation mainly manufactured auto parts, meeting the demand on maintenance and repairs.

Vietnam’s auto industry in need of a kick start

Vietnam’s auto industry in need of a kick start

In order to help boost the Vietnamese automobile industry – one of the most important contributors to national economic growth – the country could do with focusing on its policy stability, market expansion, support industry development, and connectivity reinforcement, according to insiders.