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ABOUT US

Truong Hai Group Corporation (TRUONG HAI GROUP), formerly known as Truong Hai Auto Corporation (THACO) was founded on April 29, 1997 in Dong Nai Province, southern VN. The founder is Mr Tran Ba Duong who is now THACO’s Chairman. After 25 years of development, from a company which traded and repaired second-hand vehicles, THACO has turned into a multi-industry holding corporation which has 6 sub-holdings, i.e. THACO AUTO (automobiles), THACO AGRI (Agro-forestry production), THACO INDUSTRIES (Mechanics & Supporting Industries), THADICO (Investment – Construction), THILOGI (Logistics) and THISO (Commerce – Service) in a highly integrated and complementary model.

VISION

VISION

To be the leading multi-industry corporation in South East Asia, sustainably develop in the context of regional and global integration

MISSION

MISSION

To bring values to customers & society, and make contributions to Vietnam’s economic growth

STRATEGY

STRATEGY

THACO is a multi-industry corporation which operates automobiles, agri production, mechanics & supporting industries, logistics, investment – construction, and commerce – services in a highly integrated and complimentary model.

THACO incorporates 6 Sub-holdings, specifically THACO AUTO - manufacturing and selling automobiles, THACO AGRI - agricultural production, THACO INDUSTRIES - mechanics & supporting industries, THADICO - investment & construction, THILOGI - Logistics, and THISO - Commerce & Services.

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LEADERSHIP

THACO BOARD OF DIRECTORS

<p>Mr. <strong>Tran Ba Duong</strong></p>

Mr. Tran Ba Duong

Chairman

<p>Mr. <strong>Nguyen Hung Minh</strong></p>

Mr. Nguyen Hung Minh

Vice Chairman

<p>Mr. <strong>Cheah Kim Teck</strong></p>

Mr. Cheah Kim Teck

Vice Chairman

<p>Ms. <strong>Vien Dieu Hoa</strong></p>

Ms. Vien Dieu Hoa

Member

<p>Mr. <strong>Pham Van Tai</strong></p>

Mr. Pham Van Tai

Member

<p>Mr. <strong>Benjamin Herrenden Birks</strong></p>

Mr. Benjamin Herrenden Birks

Member

THACO’S BOARD OF SUPERVISOR

<p>Mr. <strong>Nguyen Phuc Thinh</strong></p>

Mr. Nguyen Phuc Thinh

Board Director

<p>Mr. <strong>Dang Cong Truc</strong></p>

Mr. Dang Cong Truc

Member

<p>Mr. <strong>Bui Minh Khoa</strong></p>

Mr. Bui Minh Khoa

Member

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ACHIEVEMENT

During 25 years of development, THACO has been recognized for numerous achievements and awards thanks to our substantial contributions to the economy, social communities and national development.

2022
2022

First-rank Labor Medal (2nd times), presented by the Vietnam President

2020
2020

Best Taxpayer Title, presented by General Department of Taxation

2012 - 2020
2012 - 2020

Vietnam Value Award (5 years in a row)

2017
2017

First-rank Labor Medal, presented by the Vietnam President

2012 - 2016
2012 - 2016

Gold Star Award (5 years in a row)

2012 - 2015
2012 - 2015

Excellent Emulation Flag, presented by the Vietnam President

2012 - 2014
2012 - 2014

Excellent Emulation Flag, presented by the Vietnam President

2012
2012

Second-rank Labor Medal, presented by the Vietnam President

2007
2007

Third-rank Labor Medal, presented by the Vietnam President

2022
2022

First-rank Labor Medal (2nd times), presented by the Vietnam President

2020
2020

Best Taxpayer Title, presented by General Department of Taxation

2012 - 2020
2012 - 2020

Vietnam Value Award (5 years in a row)

2017
2017

First-rank Labor Medal, presented by the Vietnam President

2012 - 2016
2012 - 2016

Gold Star Award (5 years in a row)

2012 - 2015
2012 - 2015

Excellent Emulation Flag, presented by the Vietnam President

2012 - 2014
2012 - 2014

Excellent Emulation Flag, presented by the Vietnam President

2012
2012

Second-rank Labor Medal, presented by the Vietnam President

2007
2007

Third-rank Labor Medal, presented by the Vietnam President

With tireless contribution during THACO’s 25 years of development, THACO Chairman Tran Ba Duong has been recognized for different titles and awards

2020
2020

ASEAN Entrepreneurial Excellence Award 2020

2018
2018

First-rank Labor Medal

2017
2017

“Glorious Vietnam – 30 years of Renovation” Award

2013 - 2014
2013 - 2014

Excellent Vietnamese Entrepreneur Award (2008 – 2013)

2011 - 2012
2011 - 2012

Second-rank Labor Medal.

2010
2010

Excellent Entrepreneur Certificate of Merit, represented by Dong Nai People’s Committee.

Thanh Giong Trophy for best entrepreneurs (2008-2010).

2009
2009

Certificate of Merit, presented by Vietnam Prime Minister (on contributions to national development and protection).

2008
2008

“Building young generations” Medal, represented by HCM Communist Youth Union.

Thanh Giong Trophy for best entrepreneurs.

2007
2007

Third Class Labor Medal.

2006
2006

Excellent Entrepreneur Certificate of Merit, represented by Dong Nai People’s Committee.

2005
2005

Certificate of Merit, presented by Vietnam Prime Minister (on contributions to national development and protection).

2001
2001

Red Star Honorary Award, represented by VN Youth Association.

2020
2020

ASEAN Entrepreneurial Excellence Award 2020

2018
2018

First-rank Labor Medal

2017
2017

“Glorious Vietnam – 30 years of Renovation” Award

2013 - 2014
2013 - 2014

Excellent Vietnamese Entrepreneur Award (2008 – 2013)

2011 - 2012
2011 - 2012

Second-rank Labor Medal.

2010
2010

Excellent Entrepreneur Certificate of Merit, represented by Dong Nai People’s Committee.

Thanh Giong Trophy for best entrepreneurs (2008-2010).

2009
2009

Certificate of Merit, presented by Vietnam Prime Minister (on contributions to national development and protection).

2008
2008

“Building young generations” Medal, represented by HCM Communist Youth Union.

Thanh Giong Trophy for best entrepreneurs.

2007
2007

Third Class Labor Medal.

2006
2006

Excellent Entrepreneur Certificate of Merit, represented by Dong Nai People’s Committee.

2005
2005

Certificate of Merit, presented by Vietnam Prime Minister (on contributions to national development and protection).

2001
2001

Red Star Honorary Award, represented by VN Youth Association.

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ESTABLISHMENT & DEVELOPMENT

  • 2022
  • 2021
  • 2020
  • 2018
  • 2012
  • 2003
  • 2001
  • 1997
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THACO entered the second year to implement the multi-industry development strategies, including Automobiles, Agri, Supporting Industries & Mechanics, Logistics, Investment – Construction and Commerce – Service which are highly integrated and complementary in line with global integration and digitalization, and to embrace the mission to “bring values to customers & society, and make contributions to Vietnam’s economic growth”.

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THACO restructured into a multi-industry corporation which has a highly integrated and complimentary business model and develops sustainably in line with digitalization and global integration.

5/2021 : THACO established Truong Hai International Services and Operation Joint Stock Company (THISO). Later, THISO founded THISO Retail to manage the supermarkets/hypermarkets after the acquisition of supermarkets and franchise rights from E-mart Inc. (Korea)

11/2021 : THACO established Supporting Industries & Mechanics Ltd. (THACO INDUSTRIES)

2020

2020

5/2020 : THACO established Truong Hai International Logistics Ltd. (THILOGI) which owns 3 subsidiaries, i.e. Port Company, Shipping Company and Trucking Company.

12/2020 : THACO founded THACO AUTO Ltd. which includes all business units in THACO’s current distribution – retail network.

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THACO developed the strategy to become a multi-industry corporation with a highly integrated and complementary business model. Specifically, Automobiles – Mechanics and Agri were the 2 key businesses, while Investment – Construction, Logistics, Commerce – Services were the 3 supporting businesses.

THACO developed logistics to support the auto business in Chu Lai, Quang Nam, invested in mechanics and parts production, and grew the agricultural business through HAGL Agrico.

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THACO diversified into public infrastructure and real estate development by investing in Dai Quang Minh Real Estate Investment Corporation.

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THACO invested in Chu Lai Open Economic Zone in central Quang Nam province to develop Vietnamese auto industry in general, and to carry out THACO’s auto manufacturing strategies in the context of ASEAN integration in 2018 (zero-percent tariffs for imported cars)

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THACO started to assemble KIA light-duty trucks, an auto brand from South Korea.

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THACO was founded in Dong Nai, southern VN to trade and repair second-hand vehicles. In 1999, THACO determined to expand to northern VN with our first branch in Hanoi capital.