Truong Hai Group Corporation (“THACO”)

THACO (26.6%) is a multi-industry group headquartered in Vietnam.

THACO is a leading automotive player and participates in research and development, manufacturing, assembly, logistics, distribution and retail. It manufactures and distributes Kia, Mazda, Peugeot, FUSO, Frontier, Foton, Hyundai and BMW motor vehicles. THACO also distributes MINI.

It is a developer of residential and commercial properties, including the over 1 million sqm Sala City in the Thu Thiem area of Ho Chi Minh City’s District 2. THACO also owns residential and commercial assets in Yangon, Myanmar.

THACO’s agriculture business includes the cultivation of fruit trees, forestry and livestock in Vietnam and Cambodia.

The group also provides logistics services from warehousing and freight forwarding to seaport services.

Key for Status

  • Manufacturer/Assembler
  • Dealer
  • Distributor

Refrigeration Electrical Engineering Corporation (“REE”)

REE (31.2%) is listed on the Ho Chi Minh Stock Exchange. It is a diversified business group in Vietnam with operations in power and utilities, real estate as well as mechanical and electrical engineering (“M&E”) services. It has strategic interests in renewable energies such as solar, hydro and wind, and a total of 3,989MW designed power generation capacity. REE also develops and manages over 150,000 sqm of total lease area of office space, and is a leading M&E contractor.

Siam City Cement (“SCCC”)

SCCC (25.5%) is listed on the Stock Exchange of Thailand. Operating in Thailand, South Vietnam, Sri Lanka, Cambodia and Bangladesh, SCCC holds market-leading positions in most of its markets. SCCC produces cement, concrete and aggregates, fibre cement and other building materials, as well as participates in trading and industrial waste management solutions.

Vinamilk

Vietnam Dairy Products Joint Stock Company (“Vinamilk”) (10.6%) is the largest food & beverage company on the Ho Chi Minh Stock Exchange by market capitalisation. It has 15 farms and 15 factories, with operations across Vietnam, Laos, Cambodia and the USA. Vinamilk is Vietnam’s largest dairy producer with a dominant market share and a strong network of over 250,000 distribution points across the country.