Latest news with #TruongHaiGroup
Nikkei Asia
29-05-2025
- Automotive
- Nikkei Asia
Vietnam's THACO bids to build and operate a $61bn high-speed railway
MAI NGUYEN TOKYO -- One of Vietnam's biggest automakers has stepped up with a plan to be the lead builder of a government-proposed high-speed railway covering much of the country's coast. Truong Hai Group, commonly known as THACO, says it will invest in a $61 billion high-speed railway project, becoming the second major Vietnamese corporation to announce such an intention in less than a month. Vingroup submitted a similar proposal on May 6.
Fibre2Fashion
21-05-2025
- Business
- Fibre2Fashion
Vietnam firm, Thai shipping line launch Chu Lai-India direct service
Vietnam's Chu Lai Port under Truong Hai International Logistics Limited Liability Company (THILOGI), a member of the Truong Hai Group, and Bangkok-based Regional Container Lines (RCL) recently signed an agreement to launch a direct call service from Chu Lai to India. The same day, Chu Lai Port welcomed Chana Bhum, a Singapore-flagged vessel operated by RCL, marking the opening of the Chu Lai-India shipping route. The Chana Bhum carried nearly 800 containers with goods that included garment and furniture. India is Vietnam's largest trading partner in South Asia now, accounting for nearly four-fifths of total export turnover to this region. Vietnam's Chu Lai Port under Truong Hai International Logistics Limited Liability Company, a member of the Truong Hai Group, and Bangkok-based Regional Container Lines recently signed an agreement to launch a direct call service from Chu Lai to India. There will be two trips on the route every month. The new service helps cut transportation time, reduce costs and raise competitiveness. There will be two trips on the Chu Lai-India route every month. The direct call service helps cut transportation time, reduce costs and raise competitiveness by bypassing major transshipment ports in northern and southern Vietnam. It also opens up new trade opportunities, promotes logistics activities, develops supply chains, strengthens regional connectivity and enhances the position of Chu Lai Port on the international maritime map, a Vietnamese news agency reported. Fibre2Fashion News Desk (DS)
