Truong Hai Auto Corporation, known as THACO, exported its first 36 semi-trailers to the US on June 1.
Truong Hai Auto Corporation, or THACO, has exported 40 Kia Grand Carnival cars to Thailand.
The automobile market is expected to boom this year as the Government mulls a number of favourable policies to help reduce costs, improve demand and increase output.
Truong Hai Auto Corporation (Thaco) held a ceremony in the central coastal province of Quang Nam on December 28 to hand over 15 Vietnamese branded buses for export to the Philippines.
VOV.VN - An exhibition hosted by the Ministry of Science and Technology featuring booths which showcase the latest in Vietnam’s science, technology, and innovation opened in Hanoi on November 30 with Prime Minister Nguyen Xuan Phuc in attendance to mark the start of the occasion.
The domestic automobile parts industry has failed to reach the set target despite support from the Government, said Nguyen Thi Tue Anh, deputy director of the Central Institute for Economic Management (CIEM).
The Ministry of Industry and Trade (MoIT) wants to take advantage of market and policy opportunities to promote automobile manufacturing projects of domestic automakers including Truong Hai Auto Corporation (Thaco), Thanh Cong Group and VinFast.
The use of effective policies in the automobile sector since the beginning of the year has boosted the production and assembling of automobile and better controlled imported vehicles in the first six months of 2018.
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.
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.
Coming just ahead of ASEAN tariff reduction, policy movements are on track to ensure the stability and health of the local auto industry.
Telecommunications, IT and retail firms took the lead in terms of profitability last year on the list of Profit 500 – the top 500 firms with the highest profits in Vietnam.
VOV.VN - Two men are dead and two others seriously hurt after the roof on a new automobile factory under construction partially collapsed, reports the Zing Online newspaper.
Truong Hai Auto Corporation (Thaco) will export 230 sets of parts and components of the County bus to Kazakhstan from now to 2018.
Some 24,365 cars were sold in June, up 5% from last month, the Vietnam Automobile Manufacturers’ Association (VAMA) said in a recent report.
Diesel automobiles manufacturers and importers will have to apply the Euro 4 standard from the end of December 31, 2017, as stipulated in the Notice 126/TB-VPCP dated March 10, 2017 by the Prime Minister.
With new approaches and diversified investments, private investors have been infusing a new spirit of innovation into Vietnam’s agriculture, adding value and sustainable growth.
Truong Hai Auto Corporation (Thaco) has exported three sets of bus parts to Russia to gauge the market there and if things go well, the local firm will ship 300 sets by the year-end, said Tran Ba Duong, chairman of Thaco.
Truong Hai Auto Corporation (Thaco) plans to inject more than VND2.1 trillion (US$94.5 million) into a project to produce buses with European emission standards for both domestic use and export to other markets in ASEAN.