Thaco’s CEO Tran Ba Duong confirmed that his enterprise now exports auto spare parts and mechanical components.
In November Thaco exported three sets of spare bus parts to Russia. If the products are accepted, Thaco will ship the first consignment of 300 sets of bus parts to Russia. They will be used in vehicles for the World Cup 2018.
Do Van Dung, rector of the HCM City University of Technical Education, said that Vietnam has great advantages in labor costs and materials, along with competitive prices.
Dung said that Truong Hai has been increasing the locally made content proportion in automobile products for many years. The manufacturer now can make nearly all the components inside a bus.