Hanoi (VNA) - TruongHai Auto Corporation, known as THACO, has exported its remaining 33 semi-trailersto the US, completing the contract to supply 69 units to the country in 2020.
In order to make its inroads intothe US market, THACO has conducted surveys and signed a memorandum ofunderstanding on distributing semi-trailers inthe market with PITTS Enterprises Company - one of 15 majorsemi-trailers manufacturers in North America.
According to THACO, the semi-trailers are manufactured at THACO SpecialVehicles Manufacturing Limited Company (THACO SV) in the central province ofQuang Nam, the firm that specialises in manufacturing high-qualitysemi-trailers and special vehicles for local and foreign markets.
THACOsaid that THACO SV has conducted surveys in foreign markets and seek partnersin Japan, the US, Australia and the ASEAN region, in which the US is one of themost potential markets.
Since 2019, THACO SV's research and development engineers have visited factories of its partners in the US to understand moreabout the demand and requirements of the market.
J.P Pierson, General Director of Dorsey Intermodal – a subsidiary of PITTS Enterprises, said THACO SV’s productscompletely meet requirements set by PITTS Enterprises.
He added that cooperating with THACO SV will help Dorsey increase its supplycapacity from 3,000 to 10,000 products per annum, while meeting the diverseneeds 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 SVexpects to export more than 300semi-trailers and fuel tanks to the US, Japan, and the Republic of Korea in theyear.
The firm is also focusing on researching and developing export products for newmarkets such as the Philippines, Thailand, Myanmar, and Australia, while establishingjoint ventures and partnerships to expand its export markets./.