THACO becomes the largest private enterprise in Viet Nam

By HAI MINH |

(QNO) - According to Vietnam Report 2016, Truong Hai Auto Cooperation (THACO) is the largest private enterprise in Viet Nam.

THACO at the top of 500 largest enterprises  (Source: http://www.thacogroup.vn/)
THACO at the top of 500 largest enterprises (Source: http://www.thacogroup.vn/)

THACO was established in 1997 at Bien Hoa II Industrial Zone, Dong Nai province. After 17 years of growth, THACO has 5 administrative offices in Ho Chi Minh City, Bien Hoa, Hanoi, Da Nang and Chu Lai (Quang Nam province), providing jobs for approximately 7550 people. THACO is the only company in Vietnam that manufactures and assembles all 3 car lines including passenger cars, trucks and buses with a localization rate from 16% - 46%, providing Vietnamese people with diversified, quality, and affordable cars. In the past two years, THACO has topped the sales chart in Viet Nam.

The strong development of THACO is thanks to the stable infrastructure, the right business strategies, and nationwide showroom and automotive workshop service systems.

By HAI MINH