Auto industry develops but local part supply still low Business

Auto industry develops but local part supply still low

The automobile industry of Vietnam has witnessed progress in the last two years, but the localisation rate (local part supply) still remains low, not meeting the set target, according to a Ministry of Industry and Trade (MoIT) report sent to the National Assembly for discussion and direction.
Local car maker to export to ASEAN, US Business

Local car maker to export to ASEAN, US

The Truong Hai Automobile Company (Thaco) plans to export locally manufactured buses, cars and semi-trailers as well as spare parts and accessories to the US, Canada, Thailand, Singapore and the Philippines worth 60 million USD in 2019.
Local car-maker Thaco to up production Business

Local car-maker Thaco to up production

Thaco will begin construction on the expansion of the Truong Hai-Chu Lai Mechanical Automobile Industrial Zone with an investment of 794 billion VND (35.3 million USD) in Quang Nam province.
 Thaco launches made-in-Vietnam Kia Sedona Business

Thaco launches made-in-Vietnam Kia Sedona

Truong Hai Automobile Company (Thaco) rolled out the locally assembled Kia Sedona minivan at Chu Lai-Truong Hai Complex in the central coastal province of Quang Nam on October 29.