THACO finishes contract to export semi-trailers to US

TIN LIÊN QUAN
	Vietnamese workers in Uzbekistan to be brought home soon
	One suspect case of COVID-19 reported in Da Nang

A production line of THACO Special Vehicles Manufacturing Limited Company.

In order to make its inroads into the US market, THACO has conducted surveys and signed a memorandum of understanding on distributing semi-trailers in the market with PITTS Enterprises Company - one of 15 major semi-trailers manufacturers in North America.

According to THACO, the semi-trailers are manufactured at THACO Special Vehicles Manufacturing Limited Company (THACO SV) in the central province of Quang Nam, the firm that specializes in manufacturing high-quality semi-trailers and special vehicles for local and foreign markets.

THACO said that THACO SV has conducted surveys in foreign markets and seek partners in Japan, the US, Australia and the ASEAN region, in which the US is one of the most potential markets.

Since 2019, THACO SV's research and development engineers have visited factories of its partners in the US to understand more about the demand and requirements of the market.

J.P Pierson, General Director of Dorsey Intermodal – a subsidiary of PITTS Enterprises, said THACO SV’s products completely meet requirements set by PITTS Enterprises.

He added that cooperating with THACO SV will help Dorsey increase its supply capacity from 3,000 to 10,000 products per annum while meeting the diverse needs of customers that currently manufacturers in the US have not yet to meet.

Previously, on June 1, THACO shipped its first 36 semi-trailers to the US.

THACO SV expects to export more than 300 semi-trailers and fuel tanks to the US, Japan, and the Republic of Korea in the year.

The firm is also focusing on researching and developing export products for new markets such as the Philippines, Thailand, Myanmar, and Australia while establishing joint ventures and partnerships to expand its export markets.

PM asks for quickly addressing earthquake consequences Prime Minister Nguyen Xuan Phuc on July 27 sent an urgent notice asking relevant units to address any consequences of recent earthquakes in the northern ...

First protocol amending ASEAN Trade in Goods Agreement approved The Government has issued a resolution approving the first protocol that amends the ASEAN Trade in Goods Agreement (ATIGA).

PM demands continued restructuring of credit organizations The steering committee for the restructuring of credit organisations held a meeting in Ha Noi on July 27 under the chair of Prime Minister Nguyen ...