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.
PM asks Thai group to continue investment in Vietnam ảnh 1Prime 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
VNA

See more

Vietnamese prefer buying gold to mark God of Wealth Day (Photo: VNA)

Gold prices up again on God of Wealth Day

Gold prices surged significantly, exceeding the threshold of 90 million VND (3,550 USD) per tael at the opening session of the God of Wealth Day on February 7 (the 10th day of the first lunar month).

Vietnam will complete and develop the national nuclear power infrastructure to support the implementation of the Ninh Thuan nuclear power project, (Illustrative photo: VNA)

Master plan on atomic energy development, application approved

Efforts will be made to urgently complete and develop the national nuclear power infrastructure to support the implementation of the Ninh Thuan nuclear power project, while continuing to carry out the national nuclear power development programme.

Rice for export at Thoai Son Foodstuff One-member Co. Ltd. under Loc Troi Group. (Photo: VNA)

Vietnam works to expand markets, sustain rice export growth

By mid-January, Vietnam had exported 268,700 tonnes of rice, generating nearly 165.7 million USD, up 38.7% in volume and 23.28% in value year-on-year. To sustain exports, authorities are prioritising trade promotion, with the Ministry of Industry and Trade implementing measures to boost rice exports.

At the meeting between Minister of Agriculture and Rural Development Le Minh Hoan and visiting FAO Director-General Qu Dongyu. (Photo: VNA)

Vietnam, FAO join hands to boost South-South cooperation on agriculture

United Nations Food and Agriculture Organisation (FAO) Director-General Qu Dongyu's working trip to Vietnam from February 5-8 aims to promote bilateral cooperation in the fields of agriculture, food security, environmental protection, and rural development amid complicated and unpredictable global developments.

Deputy Prime Minister Ho Duc Phoc speaks at meeting of the Steering Committee for Price Management (Photo: VNA)

Deputy PM stresses importance of efficient price management in 2025

Deputy PM Ho Duc Phoc said with the GDP growth target for 2025 of at least 8%, the amount of money injected into the economy will be significantly higher than in 2024, and growth drivers will be stimulated, thereby impacting price indexes, especially consumer prices.

At the business registration office under the municipal Department of Planning and Investment (Photo: VNA)

Number of firms resuming operations in Hanoi surges 44%

New business registrations in Hanoi saw a 24.3% decline, with 2,045 new enterprises receiving certificates. The total registered capital for the new establishments dropped by 53.4% to 13.8 trillion VND (546.1 million USD).

A corner of VSIP Bac Ninh (Photo: VNA)

Bac Ninh wins growing investor confidence

With its potential and local authorities’ flexible and business-friendly policies, Bac Ninh is establishing itself as a magnet for both domestic and foreign investors.

Investors watch the market's movements at a trading office of a securities firm. (Photo: VNA)

Stock market gears up for a new era

The mission of the securities sector is to continuously develop infrastructure, improve service quality, attract international investors and mobilise medium- and long-term capital.

The Cai Mep - Thi Vai deep-water port complex in Ba Ria - Vung Tau province plays a pivotal role in attracting FDI capital to the southeastern region. (Photo: VNA)

Vietnam’s FDI inflow soars by 48.6% in January

The manufacturing and processing industry dominated foreign investment, attracting over 3.09 billion USD, equivalent to nearly 71.3% of total investment and showing a remarkable 99.1% increase year-on-year.

Vietnam's CPI in January 2025 expands by 3.63% year-on-year, while core inflation rose 3.07%. (Photo: VNA)

January CPI up 0.98%

Such factors as adjusted healthcare fees, and higher transportation costs and food prices led to a 0.98% rise in the Consumer Price Index (CPI) in January.