Prime Minister Nguyen Xuan Phuc (R) receives TCC Chairman Charoen Sirivadhanabhakdi on June 18 (Photo: VNA) Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc hasasked Thailand’s TCC Group, as a big retailer, to create conditions forhigh-quality goods and agricultural products of Vietnam to be sold in itssupermarkets.
Receiving TCC Chairman Charoen Sirivadhanabhakdiin Hanoi on June 18, he recognised the group’s successful business activitiesand tax payment of 100 million USD in Vietnam.
He expressed his hope that TCC, as a famousbrand in Thailand, will serve as an example for foreign investors in complyingwith tax regulations, especially in preventing transfer pricing and taxevasion.
PM Phuc welcomed the group’s intention to dolong-term investment in Vietnam, affirming that Vietnam is a market economywhere the State ensures business freedom and provides the best possibleconditions for investors, including TCC, in the win-win spirit.
For his part, Chairman Charoen Sirivadhanabhakdisaid his group is determined to expand its retail market share in Thailand,which can be seen through the recent purchase of Big C Thailand.
The move will help TCC sell Vietnamese products,including farm produce, in Thailand, he said, noting that the firm has set up adivision specialising in export activities in Vietnam.
He added TCC is very interested in the businessof beer and wants to bring Vietnam’s beer brands to international markets asthe country has long-standing beer brands with good quality.
The entrepreneur said he hoped the VietnameseGovernment will facilitate his group’s investment and business activities inVietnam, including the export of Vietnamese goods to Thailand.-VNA
VNA
