Truong Hai Group Corporation (THACO), (Vietnamese: Công ty cổ phần tập đoàn Trường Hải) is a Vietnamese automobile manufacturer in. The company is a member of the Vietnam Automobile Manufacturers Association (VAMA). It 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]

Quick Facts Native name, Company type ...
Truong Hai Group Corporation
Native name
Công ty cổ phần Tập đoàn Trường Hải
Company typeJoint stock
IndustryAutomotive
FoundedApril 29, 1997; 27 years ago (1997-04-29) in Bien Hoa, Dong Nai Province[1]
FounderTrần Bá Dương[1]
HeadquartersSofic Tower, 10 Mai Chí Thọ Blvd, Thủ Thiêm, Thủ Đức, ,
Vietnam
Key people
Trần Bá Dương (Chairman)[1]
Number of employees
60,000[1]
Websitethacogroup.vn/en
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THACO's main products comprise 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 the 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

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

References

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