Truong Hai Group Corporation
Native name
Công ty cổ phần Tập Đoàn Trường Hải
TypeJoint stock company
IndustryAutomotive industry
FoundedApril 29, 1997 (1997-04-29) in Bien Hoa, Dong Nai Province[1]
FounderTrần Bá Dương[1]
Headquarters
Ho Chi Minh City
,
Vietnam
Key people
Trần Bá Dương (Chairman)[1]
Number of employees
60,000[1]
Websitewww.thacogroup.vn/en

Truong Hai Group Corporation (THACO), (Vietnamese: Công ty cổ phần tập đoàn Trường Hải), is an automobile manufacturer in Vietnam. THACO is a member of Vietnam Automobile Manufacturers Association (VAMA). The company was founded in 1997 and is considered one of the pioneers of the Vietnamese auto industry.[2] In 2014 the company captured 32% of Vietnam's automobile market.[3] As of 2017, THACO owned the largest automobile production capacity in Vietnam, at 71,000 units per year.[4]

THACO main products comprises family cars, light trucks and buses. The company has a joint venture with Kia Motors to produce Kia branded cars from its main factory located in Chu Lai Economic Zone.[5] It also produces and manufactures Mazda passenger cars through its VinaMazda subsidiary. In 2020, the company entered the light motorcycle market.[6]

In 2021, THACO acquired the Vietnamese retail operations of e-mart.[7]

Models

Thaco Ollin 250 light truck in Vietnam
Thaco Hyundai HD270 dump truck in Nha Trang

References

  1. 1 2 3 4 "THACO". www.thacogroup.vn.
  2. ↑ "THACO sets up major auto parts industrial park". vietnamnews.vn. Retrieved 2021-06-01.
  3. ↑ "Trường Hải chiếm 32% thị phần ôtô VN - Tuổi Trẻ Online". 9 January 2015.
  4. ↑ Natsuda, Kaoru; Thoburn, John (2020-10-14). Automotive Industrialisation: Industrial Policy and Development in Southeast Asia. Routledge. ISBN 978-0-429-81784-7.
  5. ↑ "Korean cars find few takers in Southeast Asia, sustained by Vietnam market". Retail News Asia. 2020-12-02. Retrieved 2020-12-07.
  6. ↑ "Auto firm THACO enters motorbike market". VnExpress International. Retrieved 2021-06-01.
  7. ↑ "E-mart to sell retail business in Vietnam". koreatimes. 2021-05-18. Retrieved 2021-06-01.
  8. ↑ "THACO". Archived from the original on 2020-07-11. Retrieved 2017-09-17.
  9. ↑ "THACO". Archived from the original on 2017-02-17. Retrieved 2017-09-17.
  10. 1 2 "Thaco Bus". Archived from the original on 2019-08-01. Retrieved 2017-09-17.
  11. 1 2 3 Thaco Trucks
  12. ↑ "Thaco Trường Hải chính thức trở thành nhà phân phối xe buýt Mercedes-Benz tại Việt Nam". 18 June 2020.
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