Truong Hai Group Corporation
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. In 2014, the company captured 32% of Vietnam's automobile market. As of 2017, THACO owned the largest automobile production capacity in Vietnam, at 71,000 units per year.
Native name | Công ty cổ phần Tập đoàn Trường Hải |
|---|---|
| Company type | Joint stock company |
| Industry | Automotive industry |
| Founded | April 29, 1997 in Bien Hoa, Dong Nai Province |
| Founder | Trần Bá Dương |
| Headquarters | , Vietnam |
Key people | Trần Bá Dương (Chairman) |
Number of employees | 60,000 |
| Website | thacogroup |
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. It also produces and manufactures Mazda passenger cars, through its VinaMazda subsidiary. In 2020, the company entered the light motorcycle market.
In 2021, THACO acquired the Vietnamese retail operations of e-mart.