Corporations propose swathe of development initiatives

Corporations propose swathe of development initiatives

Vingroup, Thaco Group, KN Holdings Group, and others proposed various initiatives to boost the country's economy, at a conference chaired by Prime Minister Pham Minh Chinh on September 21.
THACO Group to invest $4.2 billion in circular economy

THACO Group to invest $4.2 billion in circular economy

In an aim to transform Lam Dong province, THACO Group is pushing forward with its Circular Economy Complex.
THACO advances retail ambitions with new Emart development in Hanoi

THACO advances retail ambitions with new Emart development in Hanoi

THACO plans to construct its fourth Emart supermarket in the Tay Ho district (West Lake) of Hanoi.
Jardine Cycle & Carriage invests $350 million in THACO

Jardine Cycle & Carriage invests $350 million in THACO

THACO Group has issued a $350 million convertible bond, the largest in Vietnam this year, with significant investment from Jardine Cycle & Carriage.
Algerian conglomerate GFR seeks partners in Vietnam

Algerian conglomerate GFR seeks partners in Vietnam

GFR of Algeria has engaged in talks with several Vietnamese companies, exploring partnerships in sectors like automobiles, agriculture, and tourism.
THACO Group seeks to sell 10 per cent stake in THACO Auto

THACO Group seeks to sell 10 per cent stake in THACO Auto

THACO Group is looking for investors to acquire a 10 per cent stake in THACO Auto, its subsidiary specialising in vehicle manufacturing and sales.
THACO to invest $1 billion in an industrial park in Binh Duong

THACO to invest $1 billion in an industrial park in Binh Duong

The automaker Truong Hai Auto Corporation is mulling plans to invest in an industrial park with the total investment capital of $1 billion. .
Seven Vietnamese billionaires named on Forbes rich list

Seven Vietnamese billionaires named on Forbes rich list

Seven Vietnamese names are among the 2,668 of dollar billionaires worldwide as per Forbes' latest update to its annual rich list.
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.
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