Truong Hai Auto Corporation (THACO), (Vietnamese: Công ty cổ phần ô tô Trường Hải), is an automobile manufacturer in Vietnam. THACO is a member of Vietnam Automobile Manufacturers Association (VAMA). The company was founded in 1997 and is considered one of the pioneers of the Vietnamese auto industry.[2] In 2014 the company captured 32% of Vietnam's automobile market.[3] As of 2017, THACO owned the largest automobile production capacity in Vietnam, at 71,000 units per year.[4]
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Native name | Công ty cổ phần ô tô Trường Hải |
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Type | Joint stock company |
Industry | Automotive industry |
Founded | April 29, 1997; 25 years ago (1997-04-29) in Bien Hoa, Dong Nai Province[1] |
Founder | Trần Bá Dương[1] |
Headquarters | , Vietnam |
Key people | Trần Bá Dương (Chairman)[1] |
Number of employees | 20,000[1] |
Website | www |
THACO main products comprises 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 Chu Lai Economic Zone.[5] It also produces and manufactures Mazda passenger cars through its VinaMazda subsidiary. In 2020, the company entered the light motorcycle market.[6]
In 2021, THACO acquired the Vietnamese retail operations of e-mart.[7]
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