At the THACO Kia Plant in THACO Chu Lai Industrial Park in central Quang Nam province (Photo: VNA)
Hanoi (VNA) - The T💜ruong Hai AutoCorporation (THACO), one of Vietnam’s leading automakers, recently exports 80Kia Solutos to Myanmar.
This was the third batch of passenger cars theautomaker has exported to the country since last December. The vehicles were manufactured in the THACO KiaPlant at the THACO Chu Lai Industrial Park in central Quang Nam province. The company plans to deliver a total of 1,200passenger cars to ASEAN countries this year, including over 600 to Myanmar. It is also eyeing shipping other types of vehicles assembledin Vietnam to Myanmar, following the exports of Ceratos and Solutos. Given that Myanmar boasts increasing auto salesgrowth, stronger exports to the country are part of THACO’s target of becoming amanufacturing and export hub of Kia Motors in Southeast Asia. THACO delivered cars to Myanmar for the first timein December last year, comprising 120 Kia Ceratos. Eighty vehicles were then shippedin May. Figures from the Automotive Association of Myanmar showthat sales in 2019 hit nearly 22,000, up five-fold in the last three years. Demand for motor cars in the country has also beenon the rise as the government adopts favourable policies to help the economyrecover from the COVID-19 pandemic. About 2,630 vehicles were sold in June, up20.4 percent against May./.
Vietnamese multi-business group THACO on June 1, 2020 exported to the US market another 36 semi-trailers manufactured at its Special Vehicles Manufacturing Limited Company, or THACO SV, in THACO Chu Lai Industrial Park, Quang Nam province.
The Ministry of Finance has officially asked the Government to cut 50 percent of the registration fee for customers who buy locally-produced and assembled automobiles.
Truong Hai Auto Corporation, known as THACO, has exported its remaining 33 semi-trailers to the US, completing the contract to supply 69 units to the country in 2020.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.