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(QNO) - THACO aims to become a regional multi-industry corporation by 2027, expanding in automobiles, agriculture, and industry while investing VND 3.594 trillion in Quang Nam, boosting infrastructure, exports, and workforce growth in 2025.
THACO’s goals: a regional multi-industry corporation
At the New Year kick-off ceremony, THACO Chairman Tran Ba Duong acknowledged economic challenges but reaffirmed the group’s commitment to growth across six sectors: automobiles, agriculture, mechanical engineering, construction, trade services, and logistics. By 2027, THACO aims to become a fully digitised, internationally integrated regional corporation.
For 2025, THACO AUTO targets 100,000 vehicle sales, with over 4,000 exports generating USD 35 million and total revenue of VND 80.8 trillion.
THACO AGRI plans to expand large-scale industrial farming, planting 10,000 ha of bananas, exporting 270,000 tons, and increasing livestock production.
THACO INDUSTRIES will scale up domestic and international operations, targeting VND 14.4 trillion in revenue, with USD 225 million from exports.
THACO's Key Contributions to Quang Nam in 2025
THACO will invest VND 3.594 trillion in Chu Lai in 2025, contributing VND 22 trillion in taxes (up 20% from 2024) and expanding its workforce to 15,520 employees. Key projects include Tam Hoa Port, Cua Lo Channel, an agro-forestry industrial park, and the expansion of the automotive and mechanical zones, strengthening Quang Nam’s infrastructure and economy.
Quang Nam leaders pledged full support, recognising THACO’s vital role. To kick off 2025, THACO inaugurated a 50,000-ton port terminal, new auto parts plants, an R&D centre, and THACO Bus production lines while exporting more than 300 containers internationally.
Source: Cand