In a letter to Truong Hai (Thaco) Group employees, Chairman Tran Ba Duong announced the completion of their plan to establish a large-scale, integrated, and supportive production and business model based on comprehensive industrialization and digitalization. The next crucial step is personnel restructuring to create a streamlined and suitable leadership and management team at all levels.
Mr. Duong expressed his gratitude for the many senior Thaco leaders who understood and supported the company by "voluntarily retiring to make way for younger successors." He considers this a significant contribution to Thaco's future development.
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Mr. Tran Ba Duong - Chairman of Thaco Group. Photo: Thaco |
Mr. Tran Ba Duong - Chairman of Thaco Group. Photo: Thaco
Previously, Mr. Pham Van Tai resigned after 7 years as general director, a position currently held by Mr. Duong. Mr. Tai, born in 1965, has been with Thaco for over 20 years and was appointed general director in mid-April 2018. Mr. Nguyen Mot, senior director of Culture and Communications, also resigned.
Thaco recently appointed three deputy general directors: Mr. Nguyen Quang Bao, Mr. Tran Bao Son, and Mr. Nguyen Hoang Tue. These individuals were previously general directors at subsidiaries like Thaco Auto, Thaco Agri, and Thadico. The company also appointed new leaders for the chief financial officer and human resources director positions.
Mr. Duong stated that Thaco will reassign and reduce staff. He instructed leaders at all levels to implement an objective, transparent, and fair personnel evaluation and rearrangement program. The overall goal is to develop a competent workforce that continues Thaco’s traditions, is dynamic, adaptable, and aligned with current development trends and the company's growth strategy.
Mr. Duong previously emphasized the company's focus this year on balancing experienced leadership with young, dynamic personnel to meet the demands of digital transformation and the digital economy. Thaco plans to recruit 26,419 new employees this year, bringing the total to 77,161. Thaco Agri's agricultural sector is expected to recruit the most, with 22,984 new hires.
Thaco, a private multi-sector corporation founded by Mr. Duong in 1997, initially focused on automobile manufacturing and assembly. Over 25 years, it has expanded into industry, logistics, agriculture, and infrastructure investment. In Chu Lai (Quang Nam), Thaco built a multi-thousand-hectare industrial-urban complex, the largest automobile production facility in the country.
In infrastructure, the company has invested in internal transportation routes, ports, and logistics, and recently began proposing major national projects. They recently proposed investing over 61 billion USD in a North-South high-speed railway, committing to arranging 20% of the capital themselves and borrowing the rest from domestic and international credit institutions.
Tat Dat
