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Vietnam's billionaire count doubles to 4 on Forbes' rich list

Vietnam's billionaire count doubles to 4 on Forbes' rich list

Chairmen of steel and automotive corporations are the latest Vietnamese to crack into Forbes' list of world's billionaires.
Vietnam's billionaires in numbers

Vietnam's billionaires in numbers

Two more Vietnamese billionaires have joined Forbes' billionaire club, bringing the total to four.
March 7, 2018 | 03:50 am PT
Local auto giant buys entire bond issue of agricultural company

Local auto giant buys entire bond issue of agricultural company

Truong Hai Auto Corporation has bought almost the entire convertible bonds issue of Agrico, Hoang Anh Gia Lai’s farming subsidiary.
August 5, 2018 | 08:57 pm PT
Auto maker Thaco to pump in $1 billion for HAGL firefighting

Auto maker Thaco to pump in $1 billion for HAGL firefighting

Truong Hai Motor Company has announced a strategic tie-up with the Central Highlands-based Hoang Anh Gia Lai (HAGL).
August 13, 2018 | 12:49 am PT
BMW assembly on the anvil, says Vietnam auto conglomerate

BMW assembly on the anvil, says Vietnam auto conglomerate

THACO, a major player in the country’s commercial vehicle segment, plans to assemble German brand BMW cars in Vietnam.
December 24, 2018 | 05:12 am PT
Leading Vietnamese auto firm to buy stake in agriculture giant

Leading Vietnamese auto firm to buy stake in agriculture giant

Truong Hai Auto Corporation (Thaco) is planning to acquire a 7.86 percent stake in rubber and fruit producer Agrico.
April 17, 2019 | 12:41 am PT
Auto firm Thaco to buy land from agriculture giant

Auto firm Thaco to buy land from agriculture giant

Vietnam’s leading auto firm Truong Hai Auto Corporation (Thaco) has inked a deal to buy land from rubber and fruit producer Agrico.
April 25, 2019 | 02:16 am PT
Vietnam should strictly monitor zero-tax car imports from ASEAN: Thaco

Vietnam should strictly monitor zero-tax car imports from ASEAN: Thaco

Vietnam’s leading auto firm Thaco wants the government to strictly inspect zero tariff application on cars imported from ASEAN.
May 2, 2019 | 08:47 am PT
THACO to assemble luxury Peugeot cars

THACO to assemble luxury Peugeot cars

Vietnam's leading auto firm THACO has opened a plant in central Quang Nam Province to assemble luxury cars, starting with Peugeot.
May 6, 2019 | 06:03 pm PT
Vietnam car market cools in April

Vietnam car market cools in April

Car sales fell by 29 percent in April, according to the Vietnam Automobile Manufacturers Association.
May 14, 2019 | 12:26 am PT
Automaker buys 7.86 percent stake in agriculture company

Automaker buys 7.86 percent stake in agriculture company

Truong Hai Auto Corporation has acquired a 7.86 percent stake in rubber and fruit producer Hoang Anh Gia Lai Agrico.
May 15, 2019 | 06:41 pm PT
HAGL seeks to sell 6.77 pct stake in agriculture subsidiary

HAGL seeks to sell 6.77 pct stake in agriculture subsidiary

Hoang Anh Gia Lai Group will sell a 6.77 percent stake in subsidiary Hoang Anh Gia Lai Agriculture JSC to restructure its finances.
July 9, 2019 | 12:54 am PT
Thailand, Indonesia dominate Vietnam's car imports

Thailand, Indonesia dominate Vietnam's car imports

Thailand and Indonesia hold the lion's share of Vietnam's car imports amidst challenges as the country seeks to prioritize local manufacturing.
July 25, 2019 | 06:44 pm PT
Fruit producer HAGL Agrico to boost capital by 25 pct

Fruit producer HAGL Agrico to boost capital by 25 pct

HAGL Agrico plans to convert bonds into shares and raise its charter capital by 25 percent to VND11.08 trillion ($477.93 million).
July 30, 2019 | 07:03 pm PT
Auto firm THACO chief increases ownership of HAGL Agrico

Auto firm THACO chief increases ownership of HAGL Agrico

Tran Ba Duong has increased his stake in agriculture giant HAGL Agrico to 9 percent following his latest share acquisition on Wednesday.
August 9, 2019 | 06:31 pm PT
THACO recalls BMW cars with air-conditioning fan faults

THACO recalls BMW cars with air-conditioning fan faults

Leading Vietnamese auto firm THACO is recalling 885 BMW sedans with faults in air-conditioning fans which could lead to overheating.
August 17, 2019 | 01:00 am PT
HAGL opts out of Myanmar project

HAGL opts out of Myanmar project

HAGL, once a leading real estate firm in Vietnam, has sold its largest project stake in Myanmar to compatriot auto firm Truong Hai.
October 2, 2019 | 06:29 pm PT
THACO reports lowest 6-month profit in 5 years

THACO reports lowest 6-month profit in 5 years

Auto firm THACO reported a 40 percent fall in half-yearly profits to VND1.83 trillion ($78.8 million), the lowest in five years.
October 10, 2019 | 11:15 pm PT
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