VOV.VN - Despite there being few investors in the agricultural sector, it has become attractive to multisector businesses in recent years, showing positive changes in investor opinion regarding the potential of the sector.
While some automobile assemblers have stopped domestic production and shifted to importing products, others have poured more money into production lines in Vietnam.
In the past, nearly all wealthy Vietnamese were real estate developers, but now two industry billionaires have appeared on Forbes’ list of billionaires.
Vietnam has doubled its number of billionaires from last year to four in Forbes magazine's recently released 2018 list of world's richest people.
The Vietnamese automobile market is expected to have an unpredictable year following an unsatisfactory 2017.
The factory covers 12,500 square metres and has an investment of VND500 billion. It is designed to manufacture tractors with a capacity from 18HP-120HP, along with high-quality combine harvesters and other agricultural equipment.
The Truong Hai Auto Corporation (Thaco) on February 21 launched its agricultural machine factory in Chu Lai open economic zone in the central province of Quang Nam.
The Truong Hai Automobile Joint Stock Company (Thaco) has officially inaugurated its first smart truck and bus showroom and service centre in the central city of Da Nang, offering convenient facilities for customers in the central region.
Truong Hai Auto Corporation (THACO) plans to put into operation 15 large-scale BMW-brand showrooms in Ho Chi Minh City, Hanoi and other major provinces and cities this year to provide the best care and best after-sales services to customers across the country.
Vietnam once put high hopes on automobile joint ventures, believing that foreign technologies would help develop the automobile industry. However, it now believes that it would be better not to rely on outsiders.
The first batch of 55 BMW and MINI cars imported by Vietnamese automaker Truong Hai Auto Corporation (Thaco) have arrived at Ho Chi Minh City’s port.
Most of the domestic auto industry went into a tizzy when Decree 116 tightening controls over the import and assembly of cars was issued in October, and days away from its official implementation, the worries and divisions remain.
VOV.VN - Truong Hai Auto Corporation (Thaco) will export nearly 1,200 buses bearing the Vietnamese brand name to ASEAN markets, said Thaco CEO Tran Ba Duong at the launch ceremony of a bus manufacturing plant on December 8.
Vietnamese businesses spent some US$200 million importing 7,000 completely built-up units (CBUs) in November, according to an estimate of the General Statistics Office (GSO).
Car maker Truong Hai Automobile Company (Thaco) has opened a new bus plant in the Chu Lai-Truong Hai Industrial Complex in Quang Nam province.
Truong Hai Automobile Joint-Stock Company (Thaco) launched its new Crossover Utility Vehicle (CUV) Model, the Mazda New CX-5, at Chu Lai-Truong Hai Industrial Complex in Nui Thanh district, the central coastal province of Quang Nam on November 18.
Coming just ahead of ASEAN tariff reduction, policy movements are on track to ensure the stability and health of the local auto industry.
The BMW Group Asia said on September 12 that it signed a letter of intent with Vietnamese automaker Truong Hai Automobile JSC (Thaco), delivering its intention to choose Thaco as a new dealer of its BMW and MINI models in Vietnam from January 1, 2018.
Truong Hai Auto Corporation (Thaco) will export 230 sets of parts and components of the County bus to Kazakhstan from now to 2018.
VOV.VN - After nearly a year, the Chu Lai port expansion project of the Chu Lai Open Economic Zone in Quang Nam has been completed. The port has expanded the zone’s logistics service chains to make it a key logistics hub in the central region.