Truong Hai Auto Corporation

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]

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
20,000[1]
Websitewww.thacogroup.vn/en

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. "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. "Thaco Bus". Archived from the original on 2019-08-01. Retrieved 2017-09-17.
  11. 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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