The 3,000-litre fuel tanks produced by Truong Hai Auto Corporation (Thaco). (Photo: VNA)
Hanoi (VNA) – Truong Hai Auto Corporation(Thaco) has shipped 30 3,000-litre fuel tanks to JMK, a producer and supplierof auto parts in the Republic of Korea.
The shipment was delivered by sea from Chu Lai Port inthe central province of Quang Nam to Busan, the RoK
It was Thaco’s third export batch to the Korean company,including more than 200 2.5-tonne dump beds and 3,000-litre fuel tanks fortrucks, since the beginning of 2018.
More 100 2.5-tonne dump beds and 3,000-litre fuel tankswill head to the RoK in the second half of this year under the two firms’agreement.
To satisfy the high technical standards and strictquality required by JMK, Thaco has used advanced technologies in itsproduction. The company has also employed advanced management tools likeKaizen, Lean manufacturing, Total Quality Management (TQM) and 5S alongsidequality management systems.
Last year, Thaco launched the first made-in-Vietnam busfactory at Quang Nam province’s Chu Lai-Truong Hai Industrial Complex, withcapacity of 20,000 buses and minibuses a year, mostly for export.
The Quang Nam-based automaker has also developed a supporting industry zonewith 24 plants producing spare parts and accessories for local use and export.
Thaco, in cooperation with Japan’s Mazda Motor Corporation, has developed a newMazda factory – the second such Mazda facility in Quang Nam province, withtotal investment of 380 million USD.
Thaco currently assembles and distributes the Republic of Korea’s Kia, Japan’sMazda, France’s Peugeot and BMW models.-VNA
The Truong Hai Auto Corporation (Thaco) inaugurated a bus manufacturing plant at Chu Lai – Truong Hai complex in the central province of Quang Nam on December 8.
The Truong Hai Automobile Joint Stock Company (Thaco) has officially inaugurated its first smart truck and bus showroom and service centre in the central city of Da Nang, offering convenient facilities for customers in the central region.
Vietnam now has a golden population structure and a fast growing middle class – potential buyers of private cars, which is forecast to boost domestic car sales by about 22 percent annually from now to 2025.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.