2023 Results
In the Automobile industry:
Thaco Auto leads the domestic automobile market with over 36% market share; exports 2,600 vehicles. Upgrades retail and after-sales service system with over 440 sales points.
Thaco Auto has introduced and put into operation a Multi-brand Passenger Car Showroom Complex in Binh Duong; Combined Passenger Car Showroom and Truong Chinh – Phan Huy Ich Commercial Center (Go Vap – HCMC).
In the Mechanical & Supporting Industries:
Thaco Industries has developed new products such as: Mechanical manufacturing products; Industrial and agricultural equipment; Auto spare parts and expanded export markets in Europe and North America …
The revenue in 2023 reached nearly 8,700 billion VND, of which exports reached over 105 million USD.
In the Agriculture industry:
Thaco Agri has invested and completed a large-scale organic agricultural production model with an integrated/circular approach. The total fruit output reached over 123,000 tons. The total cattle herd reached nearly 79,000. The total pig herd reached 58,000, producing 84,000 tons of animal feed.
Thaco Agri’s total revenue reached nearly 3,500 billion VND. HAGL Agrico also received an Investment License from the Lao Government for the agricultural investment and business project in Laos.
In the Construction industry:
Thadico implements investment, construction of Industrial Parks, complex real estate projects and comprehensive management of projects of Thaco and its subsidiaries.
In 2023, Thadico delivered projects on schedule: Thiso Mall Shopping Center Truong Chinh – Phan Huy Ich (HCM City) and completed Thiso Sala Center (HCM City); BMW-MINI-BMW Motorrad Showroom Complex in Binh Duong; In the Agricultural Complexes, THADICO implemented construction of Transport – Irrigation – Electricity systems; facilities for production and business (farms, production workshops, warehouses, training centers, etc.) and facilities for laborers’ living conditions (workers’ housing, health centers, sports centers, etc.).
In the Trade & Services:
Thiso owns, operates, and manages Commercial – Services Real Estate. In 2023, it put into operation Emart Supermarket Truong Chinh – Phan Huy Ich (Go Vap – HCM City). At the same time, it completed and put into official operation Thiskyhall Sala Convention Center.
In the Transportation industry:
Thilogi implements the construction and expansion of a 50,000-ton port with modern and synchronized handling equipment including specialized STS cranes for container ships, RTG cranes using an automatic electric system to improve productivity and operation efficiency, expected to be completed and put into operation from April 2024.
Panorama of the THACO Chu Lai 2024 Plan Deployment Conference
2024 Plan
Thaco Auto
will transform its retail management system with Multi-brand showrooms, Multi-brand showrooms combined with commercial centers, and enhance comprehensive management capacity. At the same time, it will implement new automobile product development projects to meet market demand, with an expected market share growth of over 38%.
Thaco Industries
will continue to invest in expanding production, focus on research and development (R&D), increase product development: auto spare parts, machinery, agricultural equipment, expand export markets; 40% growth compared to 2023.
Thaco Agri
will continue to focus on developing cultivation and animal husbandry production. Specifically, new banana plantations are over 7,200; 350 hectares of new pineapple plantations; the planned total cattle herd for 2024 will increase to over 150,000; the total area of fruit trees combined with cattle breeding is 7,100 hectares; the area of rubber care and harvest is over 9,500 hectares; the total pig herd reaches over 136,600; for production of animal feed, the production quantity reaches 120,000 tons.
In addition, in 2024, Thaco Agri will invest in the Agricultural Machinery Manufacturing Factory in KLH Koun Mom, KLH Snuol, and KLH HAGL Agrico Laos. Invest in the Plastic Equipment Manufacturing Plant and the Paper Packaging Manufacturing Plant in KLH Snuol.
Thadico
will continue to invest in 3 specialized industrial parks; hand over the expanded and upgraded Chu Lai port and complete the Ky Ha dredging; construct and complete 04 projects and implement 12 new real estate investment projects.
Thiso
will complete the complex model “One destination – Multiple service utilities” and improve the services of Thiskyhall Sala Convention Center. At the same time, Thiso will start construction of 3 new shopping centers and 1 5-star hotel. The total revenue plan for 2024 is 5,211 billion VND.
Thilogi
forms a Logistics network with reasonable routes and terminals connected to Central Highlands, Laos, Cambodia with Chu Lai Port supporting Thaco Agri’s fruit export activities. At the same time, it effectively exploits integrated and package logistics services in the Central and Central Highlands regions.
Since its establishment, THACO has contributed over 198,000 billion VND to the State budget, of which nearly 21,000 billion VND in 2023. The planned total contribution to the State budget in 2024 is nearly 24,500 billion VND.
Besides business activities, THACO also actively contributes to social activities such as: sponsoring many research projects, education, social television programs, education, sports, traffic safety… with a total budget of over 390 billion VND.
