Logo of Phnom Penh Post newspaper Phnom Penh Post - Vietnamese carmaker to export to North America

Vietnamese carmaker to export to North America

Content image - Phnom Penh Post
Trailers are manufactured at Truong Hai Automobile Company in Quang Nam province. CONG THANH/VIET NAM NEWS

Vietnamese carmaker to export to North America

The Truong Hai Automobile Company Co Ltd (Thaco) has signed an agreement with Cemex, a Mexican multinational building material firm, and Green Trailer & Equipment Corp, a Texas-based sales company in the Over-The-Road trailer industry, to manufacture and export ready-mix-concrete equipment and semi-trailers to North America.

A representative of the automobile maker in Quang Nam Province said the first shipment of the ready-mix-concrete containers and semi-trailers – which will be installed on trucks – will be delivered to Mexico and North America next month.

Thaco said at least 1,000 pieces of equipment will be manufactured at the trailer and special vehicles factory in the Quang Nam-based Thaco-Chu Lai Mechanical Automotive industrial park.

In 2017 and last year, Thaco exported more 100 semi-trailers to Columbia and other South American markets.

Columbia and South America have been major export markets for Thaco since 2016 when it debuted its special vehicle factory with a capacity of 5,000 products per year.

Thaco exports its locally manufactured cars and buses to Laos, Cambodia, Thailand, the Philippines and Myanmar, and accessories and spare parts to Korea, Malaysia, Russia and Kazakhstan.

The automobile maker acquired a 51 per cent share in Korean Soosung Motor Technology Co Ltd to produce cranes, dumps, concrete mixer trucks and tankers in Korea in 2013.

Thaco has manufactured and distributed vehicles of foreign brands like Kia of South Korea, Mazda of Japan, BMW of Germany, and Peugeot of France. VIET NAM NEWS/ANN

MOST VIEWED

  • Breaking: US House passes 'Cambodia Democracy Act'

    The US House of Representatives in Washington, DC, on Monday, passed the “HR 526 Cambodia Democracy Act”, also known as the Cambodia Democracy Act of 2019. If signed off by the president, the bill will allow two major sets of action to be taken against high-ranking Cambodian

  • ‘Zero-dollar’ tours under fire

    Minister of Tourism Thong Khon has blamed “zero-dollar” tour operators for the decrease in foreign tourists to Angkor Archaeological Park in the first half of this year and has called for action against them. Angkor Archaeological Park received 1.24 million foreign visitors in the first half

  • Some jobs off limits to foreigners from August

    Beginning from the second week of August, foreigners will be banned from driving taxis and tuk-tuks, as well as being motorcycle delivery drivers, street food vendors, hairdressers and product distributors among other lower-income jobs. Some white-collar jobs such as the head of human resources will

  • Chinese-owned shops are on the rise in central Phnom Penh

    Informal businesses owned by Chinese nationals are on the rise in central Phnom Penh, especially in Tonle Bassac commune, surrounding Koh Pich. Such businesses have sprung up notably in Central Market, Orussey Market, Sovanna Shopping Mall, Rattana Plaza, as well as Kakab commune across from