Thai conglomerate announces jump in assets in VN

Thursday, Feb 12, 2015 16:17

SCG offers scholarships to poor students as part of its corporate social responsibility activities. – VNS Photo

HCM CITY (Biz Hub) — Thai-owned SCG reported an 18 per cent increase in assets year-on-year in the fourth quarter of last year to US$688 million.

In Viet Nam its interests include chemicals, building materials, and paper.

The company said sales in the quarter remained unchanged from a year earlier at $157 million.

However full-year sales in Viet Nam jumped 20 per cent to $620 million.

The company is a partner in the Long Son Petrochemical project in Ba Ria-Vung Tau Province, work on which is progressing well.

SCG offers Sharing the Dream scholarships to poor students as part of its corporate social responsibility activities.

Another annual programme, Green Dream Ambassador, promotes environmental sustainability through a network of student ambassadors.

Last week 40 such ambassadors completed a six-month programme, including a training course that equipped them with practical environmental knowledge through real-life activities like visiting vegetable fields in Cu Chi to learn about green living, getting to know about green consumption through daily cooking, and studying green manufacturing at a factory belonging to Vina Kraft Paper, a subsidiary of SCG, in Binh Duong.

They also acted as spokespersons and communicated about the environment with students at a high school in Nha Be District, one of the locations expected to be worst affected by climate change.— VNS


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