A newly licensed enterprise, VETC Auto Parts, commenced operations on July 31 with a chartered capital of VND 50 billion, headquartered in Nguyen Huu Canh Street, Thanh My Tay Ward, Ho Chi Minh City. VETC Auto Parts specializes in car maintenance and repair, with Carpla JSC as its parent company, indirectly owned by Tasco, holding 100% of the shares.
Established in 2019, Carpla was initially named Wilad Solutions JSC, focusing on software solutions. At its inception, the company had a chartered capital of VND 20 billion, with Ms. Nguyen Thi Ha Huong as the majority shareholder and executive director. In 2022, Tasco acquired the company through its subsidiary, Tasco Auto (formerly known as SVC Holdings). A year later, Carpla increased its capital to VND 500 billion. As of Q2 2025, Tasco indirectly owns 66.88% of Carpla’s shares but holds full voting rights.
Mr. Nguyen Danh Hieu, Vice Chairman of Tasco’s Board of Directors, currently chairs Carpla’s Board, while Mr. Vu Quoc Toan leads VETC Auto Parts as its General Director and legal representative.
Carpla is a pivotal piece in Tasco’s automotive ecosystem – Image: Carpla
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In its automotive ecosystem strategy, Tasco positions Carpla as one of its two pillars, alongside Savico, the vehicle distribution unit that the Group fully acquired in 2023.
Carpla has been restructured to oversee four main segments: used car sales, e-commerce, repair and spare parts, and car rental services. The company aims to perfect its O2O (online to offline) model by integrating various services, including finance, insurance, after-sales support, spare parts, and repairs, into a single platform.
Over the past two years, Carpla has established showrooms and Automalls across the three regions of Vietnam. In 2024, the entire Tasco Auto system sold 5,833 used cars.
The ambitious automotive service ecosystem vision of the “BOT tycoon” Tasco
– 11:21 05/08/2025
Mitsui & Co.’s Top Executive Visits Tasco: Kicking Off Concrete Collaboration Plans Post-Strategic Shareholding in Tasco Auto
On September 10, 2024, Mr. Tatsuo Yasunaga, Chairman of Mitsui & Co (“Mitsui”), a leading Japanese trading and investment company with a global presence in 60 countries, paid a visit to Tasco Auto in Hanoi. Mitsui has recently become a strategic shareholder of Tasco Auto.
“CII Annual General Meeting: A Double Feature in May”
The CIJ annual general meeting, which was initially scheduled for a previous date, will now take place on the 21st of May, 2024, at 8 am. This highly anticipated event marks the company’s second attempt to hold its annual general meeting, and all eyes are on the successful execution of this gathering.
