Thaco Auto News Today

Strategic partnership with Chinese group SHIG is expected to breathe new life into THACO Autos long-pending IPO.

It's the second month in a row for the CX-5 topping Vietnamese monthly sales.

South Korean electronics company LG Innotek will raise its investment in its plant in the Vietnamese port city of Haiphong to $1 billion in the next two years, Vietnam's government said on Monday.

Vietnamese leading multi-business group Thaco is looking for an investor into its automobile arm Thaco Auto with a 10% stake, Thaco vice chairman Nguyen Hung Minh said.

The VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), plunged 12.96 points (1.14%) to close at 1,125.39 on Thursday, ending its seven-session gaining streak and marking its lowest level since late March.

Vietnamese conglomerate Truong Hai Group, founded by tycoon Tran Ba Duong, is considering bringing in an investor into its automobiles arm Thaco Auto in a deal that could value the unit at around $5 billion, two people familiar with the matter said

Vietnamese conglomerate Truong Hai Group, founded by tycoon Tran Ba Duong, is considering bringing in an investor into its automobiles arm Thaco Auto in a deal that could value the unit at around $5 billion, two people familiar with the matter said.

Thaco Group, one of Vietnam’s leading private conglomerates, is considering bringing in an investor into its automobiles arm Thaco Auto in a deal that could value the producer at around $5 billion, Reuters said Wednesday.

SINGAPORE/HANOI, June 28 (Reuters) - Vietnamese conglomerate Truong Hai Group, founded by tycoon Tran Ba Duong, is considering bringing in an investor into its automobiles arm Thaco Auto in a deal that could value the unit at...

Vietnamese conglomerate Truong Hai Group, founded by tycoon Tran Ba Duong, is considering bringing in an investor into its automobiles arm Thaco Auto in a deal that could value the unit at around $5 billion, two people familiar with the matter said. Truong Hai Group is in talks with a financial advisor to explore the potential sale of a minority stake in Thaco Auto after receiving interests from regional financial investors and corporates, the sources said. The group could be selling about 20%...