Hanoi (VNA) – Prime Minister Nguyen XuanPhuc on December 3 called on Siam Cement Group (SCG) of Thailand to expand itsinvestment and business in Vietnam, thus helping to attract more big groupsfrom Thailand and other countries to Vietnam in the time ahead.

At a reception for SCG President and CEO Roongrote Rangsiyopash in Hanoi, PM Phuc said Vietnam and Thailand are strategic partners, noting Thailand has successfully run many projects in Vietnam.

MentioningSCG-invested Long Son Petrochemicals – LSP in the southern province of Ba Ria-VungTau, the leader said such projects are significant to Vietnam’s socio-economicdevelopment, and appreciated the group’s effective operation in Vietnam.

Roongrote Rangsiyopash congratulatedthe Vietnamese government on its successes in containing the COVID-19 pandemic,and thanked Vietnamese ministries and agencies for facilitating theimplementation of the project.

Thegroup has used cutting-edge technologies in an effort to put the project into operation at the end of 2022 as committed, he said.

PMPhuc suggested the Thai group pour more investments in intensive processing,especially post-petrochemical products, and pay more attention to theVietnamese consumption market in the context of Vietnam joining three new-generationfree trade agreements namely the Comprehensive and Progressive Agreementfor Trans-Pacific Partnership (CPTPP), the EU-Vietnam Free Trade Agreement(EVFTA) and the Regional Comprehensive Economic Partnership (RCEP).

TheVietnamese government will create the best possible conditions for foreigninvestors to operate effectively and successfully in the country, especiallybig groups like SCG, he promised./.