Truong Hai Auto Corporation agreed to acquire E-Mart Vietnam CO., Ltd from E-MART Inc. (KOSE:A139480) on May 17, 2021. E-MART will receive royalty payments Truong Hai. from Through the deal, E-mart will no longer operate its brand discount store in Vietnam. The discount store will be run as franchises managed by THACO, which will pay royalty fees to E-mart. The deal has approved by the Board of E-MART. Dang The Duc of Indochine Counsel acted as legal advisor to Truong Hai Auto Corporation. Truong Hai Auto Corporation completed the acquisition of E-Mart Vietnam CO., Ltd from E-MART Inc. (KOSE:A139480) on September 27, 2021.