Vietnam auto sales up 11% to 19,243 units in Jan

Vietnam auto sales up 11% to 19,243 units in Jan

The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 19,243 vehicles in January, down 50% from December 2023 but up 11% year-on-year.

Companies - Sat, February 24, 2024 | 10:01 am

Conglomerate Thaco to make $750 mln agricultural investment in Laos

Conglomerate Thaco to make $750 mln agricultural investment in Laos

Southern Laos Agricultural Investment and Business Production Co. Ltd. (Southern Laos Agri), under leading Vietnamese private conglomerate Thaco, has received an investment certificate for a $750 million agricultural project in Laos.

Industries - Mon, January 15, 2024 | 2:49 pm

Vietnam conglomerate Thaco eyes $4.2 bln Central Highlands bauxite project

Vietnam conglomerate Thaco eyes $4.2 bln Central Highlands bauxite project

Thaco Group, a leading Vietnamese private conglomerate, is looking to implement a VND103,024 billion ($4.23 billion) project to exploit and process bauxite in the Central Highlands province of Lam Dong.

Industries - Sat, January 6, 2024 | 9:02 pm

Vietnam conglomerate Thaco calls for extension to car registration fee discounts

Vietnam conglomerate Thaco calls for extension to car registration fee discounts

Thaco Group, one of Vietnam’s leading private conglomerates, has proposed a 50% reduction in registration fees for domestically produced and assembled automobiles be continued for an appropriate period of time.

Companies - Thu, January 4, 2024 | 9:48 am

Vietnam auto sales down 29% in 11 months to 263,249

Vietnam auto sales down 29% in 11 months to 263,249

The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 263,249 vehicles in January-November this year, down 29% year-on-year.

Companies - Wed, December 13, 2023 | 2:44 pm

Singapore’s Jardine Cycle & Carriage buys automaker Thaco bonds worth $350 mln

Singapore’s Jardine Cycle & Carriage buys automaker Thaco bonds worth $350 mln

Jardine Cycle & Carriage, an investment holding company in Singapore, has spent $350 million on buying bonds of Thaco, one of the biggest automakers in Vietnam, in a private placement.

Companies - Mon, November 20, 2023 | 4:22 pm

Vietnam auto sales down 29% in 10 months, Mitsubishi Xpander bestseller

Vietnam auto sales down 29% in 10 months, Mitsubishi Xpander bestseller

The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 235,296 vehicles in January-October this year, down 29% year-on-year.

Companies - Tue, November 14, 2023 | 6:24 pm

Boeing representatives visit Vietnamese private conglomerate Thaco

Boeing representatives visit Vietnamese private conglomerate Thaco

Boeing representatives visited Thaco Industries' factory in Quang Nam province in mid September while the group was seeking suppliers in Vietnam, the European-American Market Department reported on Wednesday.

Companies - Thu, September 28, 2023 | 2:52 pm

Major automakers race to tap Vietnam EV market

Major automakers race to tap Vietnam EV market

Vietnam’s emergence as a major electric vehicle (EV) market in Southeast Asia is reflected in the rush of new models being introduced by leading automakers.

Industries - Tue, August 1, 2023 | 3:51 pm

Auto sales in Vietnam fall 32% in Jan-Jun, Toyota Vios best seller in Jun

Auto sales in Vietnam fall 32% in Jan-Jun, Toyota Vios best seller in Jun

Vehicles sales by members of the Vietnam Automobile Manufacturers' Association (VAMA), which does not include VinFast and Hyundai, dropped 32% year-on-year to 137,327 in the first half of this year.

Companies - Fri, July 14, 2023 | 11:33 am

Swedish software tools maker IAR shifts gears to tap Vietnam auto market

Swedish software tools maker IAR shifts gears to tap Vietnam auto market

IAR, a Swedish supplier of software tools for embedded systems, appointed SH Consulting Vietnam as its official distributor in the country on June 4. Kiyo Uemura, IAR regional vice president in Asia-Pacific, tells The Investor that his company is well placed to supply mission-critical software to Vietnam’s growing automotive industry.

Executive Talk - Thu, July 6, 2023 | 4:00 pm

Vietnam conglomerate Thaco considers 10% stake sale in automobile arm

Vietnam conglomerate Thaco considers 10% stake sale in automobile arm

Vietnamese leading multi-business group Thaco is looking for an investor into its automobile arm Thaco Auto with a 10% stake, Thaco vice chairman Nguyen Hung Minh said.

Companies - Thu, June 29, 2023 | 9:12 am

Vietnam giant Thaco mulls stake sale in $5 bln automaker

Vietnam giant Thaco mulls stake sale in $5 bln automaker

Thaco Group, one of Vietnam’s leading private conglomerates, is considering bringing in an investor into its automobile arm Thaco Auto in a deal that could value the producer at around $5 billion, Reuters said Wednesday.

Companies - Wed, June 28, 2023 | 6:17 pm

Korea carmakers Hyundai, Kia to put more energy into Vietnam market

Korea carmakers Hyundai, Kia to put more energy into Vietnam market

Hyundai Motor and its sister automaker Kia are looking to build on their leading positions in Vietnam, and Hyundai Motor Group executive chairman Chung Euisun will accompany Korean President Yoon Suk Yeol on his three-day state visit starting Thursday.

Industries - Thu, June 22, 2023 | 11:01 am