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Thai enterprises encouraged to invest in Vietnam

09:45 | 12/04/2019
Deputy Prime Minister Trinh Dinh Dung affirmed that the Vietnamese Government, ministries and sectors concerned encourage and create favourable conditions for foreign investors including Thai Siam Cement Group (SCG) to pour investment into and expand their business in Vietnam.  
Deputy PM Trinh Dinh Dung (R) and SCG Vietnam Executive Director Dhep Vongvanich in Hanoi on April 9 - Photo: VGP

Deputy PM Trinh Dinh Dung (R) and SCG Vietnam Executive Director Dhep Vongvanich in Hanoi on April 9 - Photo: VGP

The Government official made the statement while receiving SCG Vietnam Executive Director Dhep Vongvanich in Hanoi on April 9.

Deputy PM Dung said that the strategic partnership between Vietnam and Thailand has seen strong and comprehensive growth in various areas, particularly economics, trade and investment cooperation.

Thailand ranks ninth among 129 countries and territories investing in Vietnam with 521 projects worth approximately US$10.38 billion.

The Deputy PM appreciated the operations of SCG in Vietnam in the areas of chemicals, construction materials and packaging, thereby making practical contributions to the fine relations between the two countries.

Deputy PM Dung suggested that SCG continues to increase its investment in Vietnam and accelerate the progress of the southern petrochemical complex project in compliance with Vietnamese laws on safety and environmental protection.

He also asked SCG to carry out its social responsibilities through creating jobs, developing infrastructure, and improving the quality of life for local people in the project area.

Executive Director Dhep Vongvanich affirmed that SCG will make every effort to complete the southern petrochemical complex project as scheduled, while ensuring absolute safety in accordance with Vietnamese laws and international standards on safety and environmental protection.

He added that the company will hold training courses for local people to be able to work at SCG construction sites and factories and provide support services when the factory commences operations.

Source: NDO