THACO LIMOUSINE: A Key Player in Vietnam’s Automotive Manufacturing Sector

THACO LIMOUSINE PASSENGER CAR MANUFACTURING LIMITED LIABILITY COMPANY is making its mark as one of Vietnam's leading manufacturers in the premium passenger car segment. Officially registered on November 6, 2018, and located within the Chu Lai Truong Hai Automotive Mechanical Industrial Park in Quang Nam Province, this privately held enterprise is a fully owned subsidiary of THACO AUTO LIMITED LIABILITY COMPANY.

The company, known locally as CÔNG TY TNHH SẢN XUẤT XE DU LỊCH CHUYÊN DỤNG CAO CẤP THACO, operates under the business ID 4001161818, and has maintained an active legal status for over six years. With a charter and paid-up capital of USD 16.43 million, it focuses on the manufacturing and assembling of limousine-class vehicles, along with wholesale distribution, auto parts, specialized design, and equipment installation.

Financial Highlights and Market Dynamics

As of the fiscal year ending December 31, 2023, THACO LIMOUSINE reported:

• Total assets: USD 298.53 million (↑ 13.92% YoY)

• Total sales: USD 341.41 million (↓ 42.36% YoY)

• Profit: USD 36.04 million (↓ 51.24% YoY)

• Net worth: USD 16.31 million

While the company saw a sharp decline in both revenue and profit after a peak in 2022, its consistent asset growth signals continued investment and expansion. These fluctuations highlight the importance of comprehensive financial data analysis and risk management services, particularly for companies operating in cyclical or capital-intensive industries like automotive manufacturing.

Management and Ownership

Under the leadership of Chairwoman Nguyen Thien My, THACO LIMOUSINE remains entirely Vietnamese-owned, reflecting strong local control and operational focus. The company’s parent entity, THACO AUTO, also plays a vital role in Vietnam's automotive industry landscape.

Risk Management and Business Verification

For businesses seeking to engage with or assess companies like THACO LIMOUSINE, reliable risk assessments, company credit reports, and legal verification are critical. That’s where VANGUARD BUSINESS INFORMATION LLC (VBI) plays a leading role. VBI provides customized company reports, litigation history checks, director search, and creditworthiness evaluation to help investors, banks, and international partners minimize business risks and maximize strategic opportunities.

Through detailed financial insight and continuous monitoring, VBI empowers decision-makers to engage confidently in Vietnam’s fast-evolving industrial sectors.