THACO transforms to break through and rise up in 2025

P.V |

THACO Chairman of the Board of Directors - Mr. Tran Ba ​​Duong has just sent a message for 2025 to all employees on the first day of the Year of the Snake, affirming that 2025 is the third year and also the pivotal year of the 5-year plan so that by the end of 2027, THACO will become a multi-industry group of regional stature, fully integrated into the international economy with comprehensive digital-based governance, and stable and sustainable development.

Ong Tran Ba Duong - Chu tich HDQT THACO phat bieu tai Le ra quan dau nam At Ty 2025.
Mr. Tran Ba ​​Duong - Chairman of THACO Board of Directors spoke at the launching ceremony of the year of At Ty 2025.

Accordingly, THACO member corporations must achieve the following goals in turn:

THACO AUTO aims to achieve sales of over 100,000 vehicles, focusing on high-value products to achieve revenue of VND 80,847 billion and export over 4,000 vehicles with revenue of over USD 35 million. Spare parts service revenue reaches over VND 5,400 billion. Invest in building and putting into operation a new automobile R&D Center with modern equipment to improve research and development capacity of new generation automobile products in line with trends, while meeting specific customer requirements. Invest in developing and launching 29 new products. Invest in and put into operation 3 showroom complexes. The total disbursed investment cost is VND 3,778 billion. In 2025, THACO AUTO plans to recruit 330 new employees, bringing the total number of employees to 14,864.

THACO AUTO khanh thanh day chuyen cong nghe san xuat nha may THACO Bus va ra mat cac san pham moi thuong hieu THACO Bus, THACO Truck.
THACO AUTO inaugurated the THACO Bus factory's production line and launched new products under the THACO Bus and THACO Truck brands.

In the field of Agriculture, member group THACO AGRI invested in planting more than 10,000 hectares of bananas, with fresh banana export output reaching more than 270,000 tons; total herd of cows over 250,000, newly planted more than 4,000 hectares of fruit trees (durian, mango, grapefruit, etc.); total herd of pigs over 190,000; invested and started construction of industrial parks with factories in 2025: Agricultural supplies, fertilizers, fruit processing, cold storage at agricultural complexes Snuol, Koun Mom - Cambodia, Attapeu - Laos and Gia Lai - Central Highlands. THACO AGRI's consolidated revenue is estimated at more than VND 8,340 billion. Total disbursed investment cost is VND 7,550 billion. Recruited 22,984 new employees, bringing the total number of employees to 44,609.

Vuon chuoi cua THACO AGRI tai KLH SNUOL (Campuchia).
THACO AGRI's banana garden at KLH SNUOL (Cambodia).

In the field of Mechanical Engineering and Supporting Industry - (THACO INDUSTRIES) is a member group that has achieved many successes in the past year with the export of semi-trailers to the US market, which will continue to achieve revenue of more than 14,400 billion VND, export revenue of 225 million USD, focusing on the North American, Australian and European markets. The total disbursed investment cost is 2,050 billion VND. Recruiting 1,240 employees, bringing the total number of employees to 9,567 people. At the same time, in 2025, this member group must effectively operate foreign investment companies (US and Korea); increase production efficiency, promote domestic and international business development. Continue to invest and upgrade technology to develop new products and expand production scale. Invest in expanding the Specialized Equipment Factory. Invest in and put into operation new passenger car seat factories; New passenger car interior factory; Factory producing interior and exterior auto components in the North. Continue to implement the investment project for mechanical industrial park and mechanical supporting industry in the South to start construction in early 2026.

Le khanh thanh cac nha may san xuat linh kien phu tung o to va Trung tam R&D cua THACO INDUSTRIES.
Inauguration ceremony of THACO INDUSTRIES' auto parts manufacturing factories and R&D Center.

In the field of Investment and Construction, THADICO member group (DAI QUANG MINH) will start 32 projects and complete 16 projects according to production and business requirements, creating competitive advantages for TVETs and THACO. Of which, 12 projects will be started for THISO's shopping mall system; 20 projects will be upgraded and converted and 11 new investment projects will be started for THACO AUTO; 9 Factory/Center/Office projects will be completed, and the investment in the Industrial Park project in the South for THACO INDUSTRIES will be carried out; the industrial park project and Cua Lo route in Chu Lai will be continued. The component projects in Sala urban area and 3 other real estate projects in Ho Chi Minh City will be started simultaneously. In 2025, the total disbursed investment cost will be 4,800 billion VND. Recruited 292 employees, bringing the total number of employees to 2,548 people.

With the success of the Emart supermarket chain and HNTC Thiskyhall center, THISO member group continues to implement the construction of the Thiso Tay Ho Tay shopping mall complex projects in Hanoi; Thiso Binh Duong, Thiso Bien Hoa - Dong Nai and Thiso Mien Tay, planned to be put into operation from 2026. In addition, it has completed the operation of the second Thiskyhall branch at Thiso Truong Chinh - Phan Huy Ich shopping mall (HCMC) and 03 F&B models with private brands developed by THISO. THISO's total revenue in 2025 is 6,812 billion VND. The total disbursed investment cost is 4,527 billion VND. Recruiting 883 employees, bringing the total number of employees to 2,968 people.

THILOGI khanh thanh Ben 5 van tan tai cang quoc te Chu Lai, Quang Nam.
THILOGI inaugurated the 50,000-ton wharf at Chu Lai international port, Quang Nam.

Transportation and Logistics Sector - THILOGI implements the investment strategy to develop a multi-purpose, specialized international logistics center for containers in Chu Lai - Quang Nam, including roads connecting routes from Northern Cambodia, Southern Laos, Central Highlands, Quang Nam and neighboring areas to Chu Lai international port. Complete the existing waterway to receive 30,000-ton ships in 2025 and invest in the Cua Lo waterway to receive ships over 50,000 tons in 2028. Organize the operation of international maritime routes from Chu Lai to Xiamen and Shanghai ports (China), connecting to ports in Northern China, Korea, Japan, Europe, America and vice versa. THILOGI continues to invest in loading and unloading equipment and means of transport including: 03 RTG cranes at the container port yard and 200 tractors, SMRM for Indochina Transport Company to serve the transportation needs of THACO and external customers. Concentrate resources to implement the project of investing in 02 container ships with a capacity of 1,800 TEU/ship, with a total investment of nearly 3,000 billion VND, expected to be put into operation from the first quarter of 2026. The total volume of goods passing through Chu Lai port is estimated at 5.5 million tons. THILOGI's consolidated revenue is nearly 5,400 billion VND. The total disbursed investment cost is 1,500 billion VND. In 2025, THILOGI will recruit 370 employees, bringing the total number of employees to 1,884.

In addition to the goals set for the member corporations, the Chairman of THACO also affirmed in the presence of the leaders of Quang Nam province on the launching ceremony that he will continue to invest in forming a new generation of multi-industry industrial ecosystem of THACO in Chu Lai - Quang Nam on the basis of industrial management, green development, smart, modern, sustainable; including the following centers: Automobile manufacturing and assembly; Mechanical engineering and supporting industry; Transportation; Agricultural and forestry processing; Trade - Services and Urban areas with full facilities and essential services of social infrastructure. The development of THACO Chu Lai plays an important role, contributing to the realization of the Quang Nam Provincial Planning to 2030. In 2025, THACO will focus on implementing Traffic Infrastructure, Industrial Park and Urban Area projects, ensuring strict compliance with legal procedures during the implementation process with the expected progress: Mechanical - Automotive Industrial Park Expansion Project (115 hectares); THACO Chu Lai Industrial Park Project (451 hectares). Dredging to deepen Ky Ha Channel to a depth of -9.3m: Currently, THACO is organizing the dredging of Ky Ha Channel according to the policy approved by the competent State agency, and will complete the construction and put it into operation in the second quarter of 2025. Luong Cua Lo Project, Chu Lai Urban Area Project - Phase 01 (195 hectares): focus on researching investment orientation and completing capacity and experience profiles to participate in bidding to select investors in December, as a basis for starting the project in 2026.

Ban Lanh dao THACO va cac dai bieu chup anh luu niem tai Le ra quan dau nam At Ty 2025.
THACO's Board of Directors and delegates took souvenir photos at the 2025 New Year's Eve Launch Ceremony.

Total investment capital in Chu Lai disbursed in 2025 is 3,594 billion VND. Total budget contribution in Quang Nam province is nearly 22,000 billion VND, an increase of 20% compared to 2024. New recruitment is 1,668 employees, total THACO personnel in Chu Lai is 15,520 employees.

The Chairman of THACO also emphasized: 2025 is not only the year to accelerate the implementation of production and business plan goals, but also the year marking an important step forward in perfecting, upgrading and consolidating governance in accordance with the production and business operation model according to the set strategy along with the digital transformation plan across THACO. This is an important time for THACO to transform, break through and rise up, continuing to affirm its pioneering position with practical contributions to the development of the local and national economy in the era of the Vietnamese people's rise.

P.V
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Thanh Thảo |

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