Thai Central Group pledges long-term investment in Viet Nam

Tuesday, Oct 04, 2016 17:33

Deputy Prime Minister Vuong Dinh Hue (R)and Jariya Chirathivat, general director of Central Group in Viet Nam at the reception. — VNS Photo
 CITY (Biz Hub) — Deputy Prime Minister Vuong Dinh Hue praised the Thai-based Central Group's investment in distribution, wholesale, and retail sectors, saying that he expects the group to continue to invest in these sectors.

At a reception for the group's general director in Viet Nam Jariya Chirathivat in Ha Noi on October 3, Hue praised the group for complying with Viet Nam law, including paying tax after its acquisition of the Big C super market chain in Viet Nam.

The deputy PM suggested that the group join production chains of Vietnamese businesses in the industrial and agricultural sectors to produce safe, quality products.

Jariya Chirathivat, who is also Central Group's legal representative in Viet Nam, pledged that the group would provide high-quality products for the country, adding that it had a policy to work with Vietnamese producers to make products for the Big C supermarket chain in Viet Nam and for export to Thailand.

In July, the group in collaboration with the Ministry of Industry and Trade of Viet Nam successfully organised "Vietnamese Goods Week" in Thailand.

Through the event, it found several Vietnamese producers to make goods for exporting to Thailand, she said.

Previously, the group has supported Binh Duong-based furniture company Binh Phu to supply US$1.2 million worth of in-room furniture to its six-star Park Hyatt Hotel.

Earlier, the Thai group purchased Big C Vietnam and a 49 per cent stake of Nguyen Kim electronics retailer and has taken over e-commerce site Zalora's operation in Viet Nam. — VNS

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