Automotive services
Tasco, as an investment holding company, operates across diverse sectors, with our primary focus on electronic toll collection (VETC) and automotive services (Tasco Auto).
VETC pioneered offering electronic toll collection (ETC) in Viet Nam, connecting 120 toll stations, 669 highway lanes nation-wide, serving more than 3,4 million car owners.
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In creating higher value for car owners in Vietnam, Tasco continues to expand VETC services to include fuel payment, parking fee payment, toll collection at airports and aims to maintain 75-80% ETC market share in the years to come.
Development Goals
Increase the number of customers to 5 million by 2026 and maintain 75% - 80% market share of non-stop fee collection services in the coming years.
History
2023
The total number of VETC tolls that Tasco invests in, connects and operates is 120, in which VETC is responsible for the investment, and operation of 49 stations. The remaining 71 stations are managed by BOT investors and connect to VETC back-end system.2022
The ETC industry saw the completion and activation of the ETC system across four VEC expressways. The entire process was carried out within only 50 days, ahead of the agreed schedule of August 2022.2016
Successfully signed a BOO contract with the Ministry of Transport to implement electronic toll collection and vehicle load control projects nationwide.2015
The road toll automatic collection system was successfully tested at three stations at Tasco Quang Binh and Hoang Mai in Nghe An province, and Toan My 14 in Dak Nong province, and was evaluated by the Institute of Science and Technology under the Ministry of Transport.
As the largest automobile distribution and service network in Vietnam, Tasco Auto owns 54.1% of the share capital in Savico, a listed company which holds approximately 13.3% of the automobile distribution market share in Vietnam. The company distributes 14 car brands featuring names such as Toyota, Ford, Mitsubishi and Volvo. Tasco Auto has successfully brought Volvo to the top 3 position in the premium car segment.
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Development Goals
Tasco Auto targets to increase from 86 showrooms to 120 showrooms by 2026, while seeking opportunities to distribute new brands (premium and new energy vehicles), and participate in the automobile upstream value chain through collaboration with international partners.
Tasco Auto has also invested in Carpla, a used car distribution platform that offers a unique and seamless online and offline experience. Currently, Carpla boasts 7 Automalls nationwide, providing vehicle inspection services, warranty, insurance services, loans, replacement parts, maintenance, repair and more. All customer needs are fulfilled with a one-stop-shop experience, aiming to bring highest satisfaction to both buyers and sellers.
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