91% of German firms plan Vietnam expansion

91% of German firms plan Vietnam expansion

Up to 91% of German companies in Vietnam intend to expand their investments while 57% are seeking new and additional suppliers here as they diversify their supply chains, said Marko Walde, chief representative of AHK (the German Chamber of Commerce) in Vietnam, Myanmar, Cambodia, and Laos.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Automaker Thaco to produce four more BMW models in Vietnam

Automaker Thaco to produce four more BMW models in Vietnam

The Truong Hai Group Corporation (Thaco) will locally produce the BMW 3 Series, BMW 5 Series, BMW X3 and BMW X5 car models in the central province of Quang Nam.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7