A production line of THACO Special Vehicles Manufacturing Limited Company (Photo: VNA)
Quang Nam (VNA) – Truong Hai AutoCorporation, known as THACO, exported its first 36 semi-trailers to the US on June1.
In order to makeits inroads into the US market, THACO has conducted surveys and signed a memorandum of understanding on distributing semi-trailersin the US market with PITTSEnterprises Company - one of 15 major semi-trailers manufacturers in NorthAmerica.
Under the contract, these 36 semi-trailersare the first of the 69-unit batch that will be exported to the US throughPITTS Enterprises.
According to THACO, the semi-trailers are manufactured at THACO Special Vehicles Manufacturing LimitedCompany, the firm that specialises in manufacturing high-quality semi-trailersand special vehicles for local and foreign markets.
In the coming time, PITTS Enterprises willcontinue to cooperate with THACO to design, develop and manufacture newproducts to meet the demand of customers and expand the distribution in the USmarket.
THACO said it willhand over the remaining 33 semi-trailers to PITTS Enterprises in late June,and continue to fulfill its production commitment signed by the two sides in2020. It will also boost exports to Japan, Australia and ASEAN countries.
The firm expects to export more than 1,600vehicles of all kinds with a total value of 50 million USD this year. Its successful export to the US market proves that THACO hasappropriate strategies to join deeper in the global value chain./.
Truong Hai Auto Corporation (Thaco) held a ceremony in the central coastal province of Quang Nam on December 28 to hand over 15 Vietnamese branded buses for export to the Philippines.
Truong Hai Auto Corporation, known as THACO, has said that in late May, it will export 69 semi-trailers to the US - a market with strict requirements on quality standards.
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A production line of THACO Special Vehicles Manufacturing Limited Company (Photo: VNA) 
