Conglomerate Thaco sees 6% drop in H1 net profit on weak demand

Conglomerate Thaco sees 6% drop in H1 net profit on weak demand

Vietnamese private conglomerate Thaco Group posted VND1.01 trillion ($40.6 million) in net profit in the first half of this year, down 6% year-on-year and equivalent to 37% of the whole-2023 figure, according to its report filed to the Hanoi Stock Exchange.

Companies - Sun, September 1, 2024 | 7:07 pm

Vietnam auto sales up 1% to 163,804 units in Jan-Jul, after slumps in 2023, H1/2024

Vietnam auto sales up 1% to 163,804 units in Jan-Jul, after slumps in 2023, H1/2024

Members of the Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 163,804 units in the first seven months of 2024, up 1% year-on-year.

Companies - Wed, August 14, 2024 | 8:07 am

Vietnam auto sales down 2% in H1, up 12% in June

Vietnam auto sales down 2% in H1, up 12% in June

Members of the Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 134,884 units in the first half of 2024, down 2% year-on-year.

Companies - Thu, July 11, 2024 | 3:34 pm

Vietnam auto sales down 5% Jan-May, up 24% in May

Vietnam auto sales down 5% Jan-May, up 24% in May

Members of the Vietnam Automobile Manufacturers' Association (VAMA), which does not include VinFast and Hyundai, sold 108,309 units in the first five months of 2024, down 8% year-on-year.

Companies - Thu, June 13, 2024 | 5:39 pm

Vietnam auto industry sees a significant downturn

Vietnam auto industry sees a significant downturn

The Vietnamese car industry is facing a significant downturn in sales and high inventory levels, despite government efforts to provide support through tax and fee reductions, according to auto experts.

Companies - Fri, May 31, 2024 | 4:57 pm

Chu Lai port in central Vietnam deploys Doosan Vina-produced crane system

Chu Lai port in central Vietnam deploys Doosan Vina-produced crane system

Chu Lai International Port, owned by the Truong Hai International Logistics LLC (Thilogi), in the central province of Quang Nam has commissioned a specialized crane system to increase loading and unloading capacity, improving efficiency of its logistics service chain.

Companies - Sat, May 18, 2024 | 3:59 pm

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