European - American Market Department and overseas Vietnamese Trade Offices visit THACO Chu Lai Industrial Park

On June 10, a team from the European - American Market Department and Vietnamese Trade Offices abroad, headed by Mr. Nguyen Thang Vuong, the department's head, visited and worked at the THACO Chu Lai Industrial Park.

During the delegation's welcome reception, THACO INDUSTRIES Board representatives showcased THACO's growth journey, production capabilities, and diverse business areas, including its Sub-holdings. They highlighted THACO's impressive scale, production capacity, product range, technological advancements, and global market reach, particularly in mechanical engineering and supporting industries across the Americas, Europe, and other international markets.

Delegation members are speaking at the working session

During the meeting, the delegation expressed deep admiration for THACO's large-scale, modern multi-industry industrial park in Chu Lai. They were equally impressed by THACO INDUSTRIES' strategic approach to business expansion, focusing on products meeting international quality standards for both domestic and export markets.

According to THACO INDUSTRIES President Do Minh Tam, the corporation seeks support from the European-American Market Department and Vietnamese Trade Offices to gain insights on government policies, incentives, and legal regulations in target countries, and identify market opportunities and develop customer bases for each product line and industry. This collaboration will enable to refine its business strategy and achieve its goal of becoming a world-class Mechanical and Support Industry Group.

THACO INDUSTRIES representatives are introducing the assembly lines to the visitors

To strengthen collaboration with European and American partners, delegation members proposed several actions: focus on creating strategic product lines tailored to each key market, develop specific marketing and communication materials for each product group, increase market research efforts to identify potential customers and partners for THACO INDUSTRIES, and ensure adherence to customer information security regulations in key markets like Canada, the United States, and Europe.

The delegation also highlighted production and business needs in key markets like South America and Europe. Additionally, they recommended THACO INDUSTRIES participate in the Pakistan International Auto Show 2024 (October 25 - 27) in Lahore, Pakistan. This participation would serve to promote auto parts and accessories, build connections, and explore business opportunities. They further expressed their willingness to assist THACO INDUSTRIES in learning about and collaborating with Asian businesses on various products, including auto parts, accessories, and civil equipment.

During their visit, the delegation toured automobile, mechanical and spare parts manufacturing and assembly facilities. They also visited Chu Lai Port.