Describing THACO as a success story of Vietnamese enterprises, Hue said the success testifies to the correctness of the Party and State’s policy to develop the private sector.

The group’s total revenue topped VND 60 trillion (USD 2.6 billion) in 2021, including USD 239 million from exports. THACO paid over VND 20.5 trillion to the State coffer last year, and over VND 17.9 trillion in the first half of this year. 

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National Assembly Chairman Vuong Dinh Hue visits Truong Hai Group.

The N.A. Chairman suggested THACO intensify research and development (R&D) and participate deeper in regional and world value chains.

Responding to the group’s proposals, Chairman Hue asked N.A. agencies to review policies and regulations on taxation and consider the issuance of a thematic resolution on industrialization.

On the occasion, the N.A. leader presented gifts to THACO’s trade union organization and THACO employees who are family members of wounded soldiers, martyrs and heroic Vietnamese mothers.

Source: VNA