Vietnam rolls out red carpet for Thai investment: Deputy PM
The Vietnamese Government, ministries, and sectors always create favourable conditions for foreign investors, including those from Thailand, to expand production and business in Vietnam, Deputy Prime Minister Trinh Dinh Dung has said.
Deputy Prime Minister Trinh Dinh Dung (R) receives Executive Director of the SCG in Vietnam Dhep Vongvanich. (Photo: VNA)
Hanoi (VNA) – The Vietnamese Government, ministries, and sectorsalways create favourable conditions for foreign investors, including those fromThailand, to expand production and business in Vietnam, Deputy Prime MinisterTrinh Dinh Dung has said.
Hosting a reception for Executive Director of the Thai-based Siam Cement PublicCompany Limited (SCG) in Vietnam Dhep Vongvanich on April 9, Deputy PM Dunglaid stress on the Vietnam-Thailand strategic partnership, which has beendeveloped comprehensively in various sectors, particularly economic, trade, andinvestment cooperation.
He spoke highly of SCG’s chemicals and construction materials operations inVietnam, contributing to the sound relations between the two countries.
He urged the company to speed up its 5.4-billion USD Long Son petrochemicalcomplex in the southern province of Ba Ria-Vung Tau, and ensure that it iscarried out in an effective manner, in line with Vietnamese regulations onlabour safety and environmental protection.
He also asked SCG to exercise its corporate responsibility, creating jobs anddeveloping infrastructure to improve local livelihoods.
Dhep Vongvanich, for his part, affirmed that his firm will mobilise resourcesto complete the petrochemical complex soon, and organise training courses forlocal people so that they can work at the construction sites and plants orprovide supporting services when the complex begins operation.
The complex will create tens of thousands of jobs to local labourers, he added.
SCG, one of Thailand’s best-knownconglomerates, was founded in 1913 and has over 200 companies and 57,000employees. SCG began operating in Vietnam in 1992 with a trading business,gradually expanding investment in diversified businesses in cement-buildingmaterials, chemicals, and packaging industries. Now, it has 16 membercompanies, three representative offices, and two joint ventures in Vietnam. –VNA
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Deputy Prime Minister Trinh Dinh Dung (R) receives Executive Director of the SCG in Vietnam Dhep Vongvanich. (Photo: VNA) 
