SCG Building. The company announces that Việt Nam will become its second hub of manufacturing. — VNS Photo |
HCM CITY — Việt Nam will become its second manufacturing hub after Thailand, Southeast Asian conglomerate SCG has announced.
On the sidelines of an interaction with the media in HCM City, Marty Lin Mahaplerkpong, vice president of SCG Vietnam Company Ltd, told Việt Nam News: “It means that we will invest more in the Vietnamese market.”
SCG, which has been in Việt Nam since 1992, had 22 operations with more than 8,600 employees in this country as of the first quarter of last year.
Its core businesses are cement-building materials, chemicals and packaging.
At the beginning of this year, it invested US$5.4 billion in its flagship project, Long Sơn Petrochemicals.
The Thai company has consistently undertaken community programmes as part of its corporate social responsibility.
They include “sharing the dream playground” under which it installed facilities in the public Hoàng Văn Thụ Park in HCM City, a scholarship programme that has given educational opportunities to almost 4,000 students around the country and a street football tournament for youths in Hà Nội. — VNS