PM asks Thai group to continue investment in Vietnam
Prime Minister Nguyen Xuan Phuc has requested that Thailand’s Siam Cement Group (SCG) continue investing in Vietnam and accelerate the implementation of investment projects in the Southeast Asian country.
Prime Minister Nguyen Xuan Phuc hosts a reception for SCG President and CEO Roongrote Rangsiyopash (Photo: VNA)
Hanoi (VNA) – Prime Minister NguyenXuan Phuc has requested that Thailand’s Siam Cement Group (SCG) continue investingin Vietnam and accelerate the implementation of investment projects in theSoutheast Asian country.
He made the recommendation while receiving SCGPresident and CEO Roongrote Rangsiyopash in Hanoi on February 26.
The PM hailed the group for its investmentactivities in Vietnam in various fields such as chemicals, constructionmaterials, and packaging, which make practical contributions to the strategicpartnership between Vietnam and Thailand.
He said Vietnam attaches great importance toenhancing the strategic partnership with Thailand and expressed his pleasure inthe strong development of cooperation between the two countries’ businesses.
The PM asked SCG to ensure the progress,efficiency, and environmental protection for the petrochemical complex projectin southern Vietnam, in accordance with the group’s commitments and Vietnameselaw.
Rangsiyopash said the group has proactivelyworked with Vietnam’s relevant agencies to promote the implementation of theproject, which is expected to be operational in 2023.
About 400 contractors and 60 Vietnameseengineers are working on the project, he said, adding that these engineers willbe given intensive training to improve their professional skills.
The Thai group is committed to ensuring theprogress of the project, as well as its security, safety, and environmentalprotection, he affirmed.
The PM highly appreciated the group’s strongdetermination and stressed the petrochemical industry is an important field forVietnam’s economy. He urged the group to complete the project as soon aspossible.
Vietnam will ensure a favourable businessinvestment environment for foreign investors, including those from Thailand, hesaid.
He expressed his belief that the Vietnamese investmentactivities of SCG in particular and Thai investors in general will continuecontributing to the sound relations between the two countries. –VNA
The Vietnam-Thailand friendship and cooperation, particularly within the ASEAN framework, will continue to grow strongly and contribute to peace and prosperity in the two countries and in the world, said Thai King Maha Vajiralongkorn.
Thai Ambassador to Vietnam Tanee Sangrat led a delegation of the Thai embassy on a working trip to the northern province of Thai Nguyen on January 8 to enquire about cooperation opportunities between the two sides.
Vietnam’s consistent policy is to treasure and promote its traditional friendship and all-round cooperation with Thailand, Party General Secretary and President Nguyen Phu Trong has said.
Deputy Prime Minister and Foreign Minister Pham Binh Minh and Thai Foreign Minister Don Pramudwinai co-chaired the third meeting of the Vietnam-Thailand Joint Committee on Bilateral Cooperation on January 24-25.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Prime Minister Nguyen Xuan Phuc hosts a reception for SCG President and CEO Roongrote Rangsiyopash (Photo: VNA) 
