Mr. Tran Ba Duong – Chairman of Thaco
Tùng Anh•27/03/2023Mr. Tran Ba Duong is the founder and Chairman of the Board of Directors of Truong Hai Auto Corporation ( Thaco ). He is also known as the General Director of Dai Quang Minh Real Estate Investment Joint Stock Company. Mr. Tran Ba Duong was recognized by Forbes as owning assets of 1.76 billion USD on March 6, 2018. According to Forbes' profile, by 2016, Thaco became the largest automobile company in Vietnam with a market share of 32%. Currently, Mr. Tran Ba Duong owns 1.7 billion USD and is ranked 1,349th in the world. According to Forbes, Mr. Tran Ba Duong started working for an auto repair factory in the 80s and managed the business in his own way. He founded Truong Hai in 1997. Initially, the company only sold cars, then assembled for a few brands such as Kia, Mazda and Peugeot. In 2016, Thaco became the largest automobile company in Vietnam with a market share of 32%.
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