Deputy Prime Minister Trinh Dinh Dung hailed the effective operation in Vietnam of the Thai group SCG at a reception for SCG’s President and CEO Roongrote Rangsiyopash in Hanoi on October 24.
Deputy Prime Minister Trinh Dinh Dung (right) and SCG’s President and CEO Roongrote Rangsiyopash (Photo: VNA)
The Deputy PM particularly praised the group’s efforts in ensuring the progress of the Southern Oil Refinery Complex.
Dung said the refinery project is expected to assist greatly with the development of related industries in Vietnam. Therefore, he urged the SCG to continue pushing forward with the construction of the project and keeping strict quality control while adhering to Vietnam’s laws on safety and environmental protection.
He said the SCG’s effective operation in Vietnam has contributed greatly to Vietnam’s socio-economic development, job generation and social welfare, thus becoming a symbol of the Vietnam-Thailand strategic partnership in the fields of economy, trade and investment.
The SCG leader thanked the Vietnamese government, ministries and local administrations for facilitating the group’s investment activities.
He affirmed that his group wants to expand its operation in Vietnam, noting that SCG is running 16 member companies, three representative offices and two joint ventures in Vietnam.
He reported that the group has implemented about 24 percent of the workload of the 3.7-billion USD Southern Oil Refinery Complex, which is 2 percent behind schedule.
He pledged that SCG will take measures to ensure the desired pace towards the goal of putting the complex into operation at the end of 2022.
According to Roongrote Rangsiyopash, the group is completing procedures to raise investment in the complex to 5.2 billion USD./.