The year 2024 marks a new journey full of challenges and opportunities for THACO. With strategic vision, innovation, and continuous efforts, THACO has gradually transformed strongly, not only consolidating its position as a leading enterprise but also creating a mark on the journey of sustainable development. Let's review 10 outstanding events of THACO in 2024.
1. THACO contributes to realizing the planning of Quang Nam province for the period 2021 - 2030
On March 16, at the Conference to announce the Planning of Quang Nam province for the period 2021 - 2030, with a vision to 2050, the leaders of Quang Nam province awarded investment registration certificates to 7 projects in the industrial sector of THACO with a total investment of more than 3,940 billion VND, including: THACO High-class Auto Glass Factory; Passenger Car Wiring Factory; Passenger Car Interior Factory; Passenger Car Seat Factory; Automobile Body Frame Components Factory; Refrigeration Electromechanical Factory and THACO INDUSTRIES R&D Center.
Along with that, Quang Nam province also granted the decision approving the investment policy for the project to expand and upgrade Chu Lai port, part of Tam Hiep port area, with a total investment of nearly 1,590 billion VND.
Speaking at the conference, THACO Chairman Tran Ba Duong said: As the first enterprise to invest in the Open Economic Zone with the role of participating in making the Open Economic Zone successful, after 20 years, THACO has demonstrated its role as a driving force of the province. With the announcement of the planning today, THACO recognizes its great responsibility in continuing to develop projects according to the planning in the fields of: automobile industry, mechanical engineering, supporting industry, pharmaceutical industry production and agriculture and forestry, especially logistics centers, containerized goods in Quang Nam, the Central region and the Central Highlands.
2. Digital transformation creates breakthrough for automobile production management at THACO Chu Lai
In 2024, THACO AUTO pioneered the application of modern technology such as MES and SCADA systems in production management, helping to increase productivity and strictly control quality. Currently, all factories have effectively applied the SCADA system to collect, manage, store and analyze data, while providing equipment error warnings at each stage and promptly preventing incidents from occurring during the production process.
In particular, THACO Mazda is a pioneer factory applying digital transformation to production management, successfully deploying and operating the MES system. With the orientation and determination in comprehensive digital transformation, THACO AUTO Production Block continues to upgrade and apply the MES production management system to all factories by 2025.
In addition to applying technology in production, THACO AUTO also develops and exports high-end sleeper buses and seats to Autodelta (Philippines), products suitable for the infrastructure and traffic conditions in this market; at the same time, it exports painted body kits and Kia New Carnival car components to India. With these positive results, the export revenue achieved in 2024 is 12.6 million USD.
3. Thaco Trailers brand joins the North American Intermodal Association and participates in the IANA Intermodal Expo
In 2024, THACO INDUSTRIES has promoted production and exported a variety of products, including many new products to 20 countries around the world. The Group has penetrated many new and potential markets such as Denmark, New Zealand, UK, etc. The highlight of the year is that Thaco Trailers (under THACO INDUSTRIES) became a member of the Intermodal Association of North America (IANA) thanks to meeting the criteria of production capacity, product quality and export revenue to the North American market.
Along with that, the first launch of semi-trailer products at the IANA Intermodal Expo 2024 (USA), Thaco Trailers made a strong impression on partners and visitors with its large production capacity and the most modern technological chain system in Southeast Asia, thereby affirming the product quality and brand position of the leading semi-trailer manufacturer in Vietnam in the world market.
4. THACO AGRI makes a strong breakthrough in the field of cattle production and breeding
2024 witnessed the remarkable growth of THACO AGRI in the field of cattle breeding. The Group has achieved impressive results in implementing the strategy of breeding breeding cows, semi-grazed beef cattle, fattening beef cattle combined with fruit tree cultivation (durian, mango, grapefruit) and forming cattle breeding enterprises in agricultural complexes in Vietnam, Cambodia and Laos.
THACO AGRI's total herd has grown impressively, reaching over 113,000 heads, including 79,066 breeding cows, with a total of 71 farms. Along with expanding its scale, THACO AGRI has continuously researched and applied advanced Australian breeding techniques to improve the productivity and quality of beef cattle.
THACO AGRI's livestock model does not stop at developing cattle herds but also combines with growing fruit trees and forestry trees, creating a sustainable agricultural ecosystem. The application of mechanization and processing of feed from crop by-products not only helps reduce costs but also contributes to environmental protection. The ERP management system of livestock management software optimizes all stages from cattle herd management, supply chain, to production, creating efficient and modern operations.
In addition to its achievements in production and business, THACO AGRI also pays special attention to community development. The expansion of agricultural complexes has created thousands of job opportunities, contributing to improving the lives of workers and promoting local socio-economic development. Aiming at sustainable development, the Group is always committed to building a modern agricultural sector that both creates high economic value and protects the environment.
5. THADICO promotes connection and investment promotion activities domestically and internationally.
In 2024, THADICO will actively expand cooperation with potential businesses and investors, grasp the latest information to build long-term investment strategies, contributing to promoting the socio-economic and overall development of the Group. Typical examples include: Trade and investment promotion conference in Korea; Ben Tre province investment promotion conference; Binh Duong province planning announcement conference...
In addition to promoting connection activities, investment and trade promotion nationwide, in 2024, THADICO will continue to invest and complete many important projects for member corporations such as specialized industrial parks in Chu Lai - Quang Nam and Thai Binh, expanding and upgrading Chu Lai port, completing the Thiso Mall Truong Chinh - Phan Huy Ich project, upgrading THISO Complex in Myanmar, and at the same time implementing construction and upgrading many projects and works for THACO AUTO, THACO AGRI...
6. THISO launches 2 new F&B brands, developing the model "One destination - Many utilities and services"
Constantly diversifying business activities according to modern development trends, in line with customer tastes, in 2024, THISO launched new F&B models, including Besoverse Cosmic Cafe and Thiskyhall Café Lounge. These two brands contribute to increasing convenience for customers, while marking THISO's new step forward in the F&B field.
For the retail sector, THISO continues to operate the 2nd and 3rd floors of Thiso Mall Truong Chinh - Phan Huy Ich. At the same time, it promotes its strengths and continuously implements incentive programs on special occasions with many attractive forms at the Thiso Mall shopping center system and Emart supermarket system.
7. Chu Lai International Port puts into operation 50,000-ton wharf and advanced gantry crane
In September 2024, Chu Lai International Port put into operation wharf No. 2 with a length of 365m, increasing the total length of the port to 836m, capable of receiving ships with a capacity of 50,000 DWT. In addition, the port also put into operation specialized crane systems with large capacity such as STS, RTG and opened many more direct shipping routes connecting to the US and Indian markets. Chu Lai International Port has an area of 140 hectares, a warehouse and yard system of more than 300,000m2 with a capacity of up to 500,000 tons to meet the import and export needs of businesses. With methodical and modern investment, in 2024, the total volume of goods passing through the port will reach more than 4 million tons, an increase of 35% compared to 2023.
2024 also marks the strong development of THILOGI in expanding its logistics network when the Group becomes a member of many international logistics organizations such as: International Federation of Freight Forwarders Associations (FIATA), World Cargo Alliance (WCA), Federal Maritime Commission of the US government (FMC).
8. THACO was honored as Top 2 most favorite employers in the manufacturing industry.
On December 5, at the Employer Of Choice 2024 Awards Ceremony - Most Favorite Employer of 2024, THACO won 3 awards for the Large Enterprise Sector, including: "Top 2 Most Favorite Employers in the Manufacturing Industry", and "Top 3 Most Favorite Employers in the Industry" and "Top 15 Most Favorite Employers".
This recognition is a testament to the professional and humane working environment that THACO has built. In 2024, the Group organized more than 2,500 specialized training programs, systematically designed for each job position. Along with transparent salary and bonus policies and competitive welfare regimes, THACO has attracted and recruited nearly 25,000 high-quality employees across the system.
9. THACO sponsors the 1st Ho Chi Minh City International Film Festival - 2024
In order to contribute to honoring cultural and artistic values through cinema, THACO is a strategic sponsor for the 1st Ho Chi Minh City International Film Festival - 2024 (HIFF 2024), taking place from April 6 - 13. Accordingly, THACO accompanies many important items at the Cinema Park - Cine Park Thu Thiem (Saigon Riverside Park); the venue for a series of conferences and seminars on cinema at Thiskyhall Convention Center; all 80 tourist cars manufactured and distributed by THACO AUTO will transport guests and artists for the event.
Along with production and business activities, THACO always focuses on implementing social responsibilities in many fields, with a total budget of more than 3,200 billion VND in the past 27 years. In 2024 alone, THACO will sponsor more than 200 billion VND for programs such as: "Nutrition for poor and disabled children", Road to Olympia, "For the poor" Fund, "Eliminating temporary and dilapidated houses" program, the 10th Da Lat Flower Festival - 2024; Vietnam Youth and Student Football Tournament, Vietnam Workers and Civil Servants Football Tournament, etc.
10. THACO Union actively cares for employees' lives
In 2024, THACO organized many cultural, artistic, physical education and sports activities, thereby creating a useful playground and connecting employees. Notable among them were the Sports Festival "Connecting Strength - Connecting Success", programs to celebrate International Women's Day March 8, Vietnamese Women's Day October 20, the "Initiative - Innovation" contest, the "Good Workers - Creative Workers" movement; the online contest "THACO - Developing with the Country".
At the same time, THACO also donated clothes and household items to Cambodian and Lao workers at THACO AGRI’s Agricultural Complexes through the program “THACO – Giving Love”. In addition, the Group also built spacious housing areas for workers at THACO Chu Lai Industrial Park and Agricultural Complexes, thereby improving the quality of life for workers, helping employees feel secure in their work and make efforts to contribute.
Source: https://thacogroup.vn/10-su-kien-noi-bat-thaco-nam-2024
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