THACO targets sales of over 100,000 vehicles in 2025
THACO targets sales of over 100,000 vehicles in 2025
THACO AUTO – one of THACO’s subsidiaries operating in the field of automobile and motorcycle import, assembly and distribution – also eyes a target of VNĐ5.4 trillion in spare parts revenue.
THACO Chairman Trần Bá Dương. — VNA/VNS Photo |
Trường Hải Group Corporation (THACO) expects to achieve sales of over 100,000 vehicles to get revenue of about VNĐ80.85 trillion (US$3.2 billion) and exports of over 4,000 vehicles worth about $35 million this year, said its chairman Trần Bá Dương.
THACO AUTO – one of THACO’s subsidiaries operating in the field of automobile and motorcycle import, assembly and distribution – also eyes a target of VNĐ5.4 trillion in spare parts revenue. The group will invest VNĐ3.77 trillion in a new automotive R&D centre, develop 29 new products and expand the showroom system.
Dương said that in 2025, THACO will continue to expand the scale of investment in all six key production and business sectors including automotive, agriculture, mechanical engineering and supporting industries, investment – construction, trade – services, and logistics.
THACO AGRI will continue to expand its agricultural production on a large-scale industrial model with over 10,000ha of banana, 4,000ha of orchard, over 250,000 cows, and 190,000 pigs. Additionally, the group will invest VNĐ7.55 trillion in agricultural input production factories, fruit processing, and cold storage facilities in Cambodia, Laos, and the Central Highland province of Gia Lai.
THACO INDUSTRIES will efficiently operate its investment companies in the US and the Republic of Korea, boosting exports to North America, Australia, and Europe, targeting a revenue of VNĐ14.4 trillion, including $225 million from exports. It planned to pour an investment of VNĐ2.05 trillion this year.
THADICO (Dai Quang Minh) plans to commence 32 projects and complete 16 projects, including many constructions for THACO AUTO, THISO, and THACO INDUSTRIES. THADICO will invest VNĐ4.8 trillion and recruit an additionally 292 personnel.
THISO will continue to expand its integrated shopping centre model, implementing projects in Hà Nội, Bình Dương, Đồng Nai, and the southwestern region. It expects an revenue of VNĐ6.8 trillion, with an investment of VNĐ4.52 trillion.
Meanwhile, THILOGI will enhance logistics services with an international logistics centre in Chu Lai, invest in two container ships with a capacity of 1,800TEU each.
THACO CHU LAI plays a crucial role in developing a multi-sector industrial ecosystem in the central province of Quảng Nam. In 2025, the group will focus on investing about VNĐ3.6 trillion in infrastructure for industrial parks, urban areas, and seaports. It targets to contribute nearly VNĐ22 trillion to the Quảng Nam provincial budget.
