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Thaco Group, a leading Vietnamese private conglomerate, is looking to implement a VND103,024 billion ($4.23 billion) project to exploit and process bauxite in the Central Highlands province of Lam Dong.
As retailers expand their presence or forge stronger ties with Vietnamese suppliers, there is growing consensus about the untapped promise of Vietnam’s retail landscape.
Vietnam, with a population of nearly 100 million people, is considered a potential investment market for famous retailers around the world and therefore, many foreign retailers have enhanced their investments.
Strategic partnership with Chinese group SHIG is expected to breathe new life into THACO Auto's long-pending IPO.
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.