Tasco Joint Stock Company
HHNX:HUT12,500.00
VND
0.00
(0.00%)
Tasco Joint Stock Company
HNX:HUT
(Hanoi Stock Exchange)
Recent
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12,500.00
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ROIC.AI
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- Business
- Tasco Joint Stock Company is a Vietnam-based investment holding conglomerate primarily engaged in automotive distribution, mobility infrastructure, intelligent transport systems, property development, and insurance services. Founded in 1971 and headquartered in Hanoi, Vietnam, the company operates across several integrated business segments throughout the country: Automotive and Mobility Services, Intelligent Transportation Systems and Infrastructure, Real Estate and Hospitality, and Financial and Insurance Services. Through its Automotive division, the company engages in the retail, wholesale distribution, and after-sales servicing of passenger and commercial vehicles, representing international brands such as Toyota, Ford, Hyundai, Volvo, Mitsubishi, Honda, Nissan, and Lynk & Co; pre-owned vehicle trading, inspection, warranty, and certification via its integrated online-to-offline Carpla platform; vehicle maintenance, body repair, and genuine spare parts supply; and automotive logistics. Through its Intelligent Transportation Systems division, the company develops, deploys, and operates electronic toll collection networks under the VETC brand, delivering non-stop automatic tolling solutions across national highways, expressways, and urban transport corridors; electronic parking management systems; smart mobility applications; and transport-related electronic payment processing services. Through its Infrastructure division, the company invests in, constructs, and operates transport infrastructure under Build-Operate-Transfer contracts, including national and provincial highway projects. Through its Real Estate and Hospitality division, the company develops, manages, and operates residential properties, commercial developments, and luxury eco-resort destinations across Vietnam. Through its Financial Services division, the company provides non-life insurance underwriting, motor vehicle insurance coverage, extended warranty solutions, and financial brokerage services through Tasco Insurance. In recent strategic developments, Tasco completed the comprehensive acquisition and consolidation of SVC Holdings, integrating the Savico dealership network to become the largest automotive distributor in Vietnam. Additionally, the company entered into a strategic joint venture partnership with Geely Auto Group to construct a completely knocked-down automotive assembly facility in Thai Binh Province and distribute Geely vehicle models across the domestic market. The company has also expanded its VETC electronic toll collection system into an open digital wallet and mobility payment platform supporting airport tolling and urban smart parking, while accelerating the nationwide expansion of its Carpla used-car retail network.