thaco

Retail Asia08/01/2024

Carmaker THACO has proposed a circular economy complex for mining and processing bauxite worth VND103 trillion (US$4.1 billion) in Lam Dong Province. The project, called Lam Dong 2 Aluminum Complex, will be carried out in Bao Lam, Da Huoai and Da Teh districts and Bao Loc City. It will encompass the entire process of mining […]

Retail Asia02/10/2023

Automaker Thaco Group reported first half profits of VND1.076 trillion (US$45.6 million), or less than a quarter of last year’s figure, amid an auto market slump. Its profit margin of 2.1% was a fifth of the rate in the first half last year, the company said in a financial report it sent to the Hanoi […]

Retail Asia29/06/2023

Truong Hai Group (Thaco Group) is looking for investors to sell a 10% stake in automobile manufacturing and distributing subsidiary Thaco Auto. Nguyen Hung Minh, vice chairman of Thaco Group, said Wednesday that the sale of 10 percent of shares in Thaco Auto is meant to raise funds for production and business, investment in expanding […]

Retail Asia17/02/2023

Automaker Thaco Group plans to increase its sales 7.7% from last year to 120,000 units this year, with earnings of more than VND90 trillion ($3.80 billion), despite concerns about market challenges. The plan calls for the sales of 96,000 passenger cars, 23,500 trucks, and 1,500 buses and minibusses, Chairman Tran Ba Duong said in a […]

Retail Asia13/02/2019

Truong Hai Auto Corporation (THACO) is planning to issue more than 30.3 million shares to a strategic shareholder. The company is currently collecting shareholders’ opinions on a draft resolution to authorize a private placement worth an estimated total of VND3.89 trillion ($167.19 million) to Jardine Cycle & Carriage, a Singaporean diversified conglomerate that specializes in […]

Tag: thaco

Carmaker Thaco eyes $4.1B circular bauxite complex project

Thaco H1 profit falls as auto market remains listless

Thaco to sell 10% stake in automobile subsidiary

Thaco eyes 7% auto sales growth despite headwinds

Vietnamese car maker plans private share issue