Viet Nam will become its second manufacturing hub after Thailand, South-east Asian conglomerate SCG has announced. — VNS Photo

Viet Nam will become its second manufacturing hub after Thailand, South-east 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 Viet Nam News: “It means that we will invest more in the Vietnamese market.”

SCG, which has been in Viet 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 $5.4 billion in its flagship project, Long Son 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 Hoang Van Thu 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 Ha Noi. — VNS