THACO to open two Emart supermarkets next year

THACO to open two Emart supermarkets next year

After acquiring the Emart hypermarket system, Truong Hai Auto Corporation (THACO) is planning to open two more Emart outlets in Ho Chi Minh City next year.
Thaco halts investments in HAGL Agrico

Thaco halts investments in HAGL Agrico

HAGL Agrico decided to stop issuing shares for a debt swap and called off its private placement plans for Truong Hai Agriculture JSC (Thagrico).
Billionaire Tran Ba Duong withdraws from Hung Vuong

Billionaire Tran Ba Duong withdraws from Hung Vuong

Chairman Tran Ba Duong and other THACO shareholders have sold the corporation's remaining shares in Hung Vuong JSC after proving unable to rescue the company.
Agricultural ventures stack up despite lack of profit guarantee

Agricultural ventures stack up despite lack of profit guarantee

The agricultural sector continues to see an influx of investment from domestic giants such as TH Group, Vinamilk, Masan, Vingroup, and Truong Hai Auto Corporation – but some are struggling to get profitable, with few enjoying significant development.
THACO to expand Emart hypermarket system in Vietnam

THACO to expand Emart hypermarket system in Vietnam

After acquiring the Emart hypermarket system, THACO is planning to expand the chain to 3-4 hypermarkets by 2022 and to 11 points of sale by 2025.
Locals step up M&A retail strategy with foreign players

Locals step up M&A retail strategy with foreign players

More local players are shaking hands with foreign companies to develop their retail arm in Vietnam, especially through the M&A channel.
E-mart is quitting the local market to restructure its operations

E-mart is quitting the local market to restructure its operations

South Korea-based retailer E-mart leaving Vietnam is a part of its one-year restructuring plan.
Auto industry steers strategy towards wider supply chains

Auto industry steers strategy towards wider supply chains

Vietnam’s automobile industry is transforming drastically but it still lacks scenarios to join the global supply chains after the COVID-19 pandemic.
Hung Vuong Corporation removed from HSX

Hung Vuong Corporation removed from HSX

The ticker of Hung Vuong Corporation will be removed from the HSX due to a violation of information disclosure rules, effective from August 5.
Good times for prospective car owners

Good times for prospective car owners

Despite numerous challenges in the first half of the year, the automobile market is expected to improve significantly in the remaining half thanks to timely policies from the government and recovering growth speed in the following years
Price wars imminent as initial fees reduce

Price wars imminent as initial fees reduce

As car sales continue to reduce, local importers have asked authorised agencies to apply a 50 per cent reduction in registration fees for imported cars in order to remove discriminatory tax reduction currently used for only locally-assembled vehicles.
Rising price of pigs yields expansion across the board

Rising price of pigs yields expansion across the board

The price of pigs in Vietnam, which while dropping remains much higher than before the global health crisis, is being deemed the main factor creating breakthrough profits for husbandry groups, while a deeper drop thanks in part to Thai imports has yet to materialise.
Discount paradise for auto buyers

Discount paradise for auto buyers

As part of a new package to help the automobile market stay afloat after this year’s global woes, locally-manufactured vehicles will benefit from a massive cut in registration fees, but imported vehicles will not miss out in the price war as makers throw potential customers huge savings.
Domestic two-wheeler makers taking on industry behemoths

Domestic two-wheeler makers taking on industry behemoths

One of the leading car manufacturers in Vietnam is moving into the light motorcycle market, lending more sparks to the fire that is Vietnam’s heated two-wheeler arena,  with the country’s own producers attempting to jostle with some of the world’s most successful brands.
Thadi acquires 24 per cent stake in Hung Vuong

Thadi acquires 24 per cent stake in Hung Vuong

Right after signing the strategic co-operation contract, Thadi has completed the purchase of 24 per cent of the treasury shares in Hung Vuong Corporation.
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