On Dec. 9, on the occasion of the Baekdu Forum 2022 held in Da Nang City, the delegation of Korea Federation of Small and Medium Business (KBIZ) led by its senior Vice Chairman Kwon Hyukhong and more than 60 member business representatives paid a visit to THACO Chu Lai Industrial Park (IP). Accompanying the delegation were leaders of Kia APAC in Malaysia. From THACO, welcoming the delegation were Mr. Do Minh Tam, THACO INDUSTRIES Presiden, Mr. Bui Minh Truc, THILOGI President and Mr. Doan Dat Ninh, Deputy President of THACO AUTO in Chu Lai.

The visitors were introduced to the development history of THACO and THACO Chu Lai, its production and business fields. Then they had a tour to the automobile plants, the mechanical and supporting industries center, and the logistics center. The guests all expressed their amazement at THACO's modern, large-scale multi-industry industrial park model in Chu Lai with advanced technology, lean management system and professionalworking environment. 

Korea Federation of Small and Medium Business Visits THACO CHU LAI Industrial Park 

At the meeting, the two sides discussed the potentials and opportunities of cooperation in automobile manufacturing and assembly, mechanics and supporting industries, logistics, agri, and construction. The KBIZ representatives said they would collect data on the cooperating needs of its member enterprises in order to come up with suitable cooperation plans with THACO in the near future.

KBIZ representatives are discussing at the meeting

The trip has provided Korean small and medium businesses with more insights on expanding investments in Vietnam, thereby developing the cooperation between the two countries.

Korea Federation of Small and Medium Business Visits THACO CHU LAI Industrial Park