"THACO (THA) is proud to announce its proposal for a strategic partnership with Hyundai Rotem, Korea's leading mechanical engineering conglomerate. With a shared vision for innovation and excellence, the collaboration aims to revolutionize Vietnam's transportation landscape by developing a high-speed rail system. Through this partnership, THACO aims to harness Hyundai Rotem's expertise in technology transfer, skill development, and localization of production to create a world-class transportation network that will drive Vietnam's economic growth and connectivity."