Southeast Asian conglomerate SCG posted a sales revenue of over 6.89 trillion dong ($300 million) in the Vietnamese market in the third quarter, up by four per cent year-on-year, mainly due to export sales from Thailand to Vietnam.

In the third quarter, SCG’s total assets in Vietnam topped $5.98 billion, an increase of 57 per cent year-on-year thanks to its chemicals business, according to the company’s business results.

In Vietnam, during the surge of the pandemic, SCG continued to extend resources and support to the government and the communities in hot-spot areas including Ho Chi Minh City, Dong Nai, Binh Duong, Long An, Quang Binh, Ba Ria-Vung Tau and the capital Hanoi.

SCG handed over about 4,000 paper field hospital beds, 53 modular bathrooms, real-time PCR test kits and medical equipment, amounting to over 30 billion dong. It also donated 10.6 billion dong to the government to be allocated for vaccine procurement purposes.

The company said it hoped that after the country’s reopening, purchasing power would return as businesses and consumers adapt to living with Covid-19, as in many other countries.

“SCG is preparing to seize opportunities for long-term growth through green and wellness products such as SCG Green Choice, which reduces the use of natural resources while saving energy and promoting good hygiene, and CPAC Green Solution, which uses digital technology to increase construction speed, reduce dust pollution, and cut construction waste.

“Furthermore, it continues to invest in environmentally friendly businesses, such as the production of bioplastics,” the company said in a statement.

VIET NAM NEWS/ASIA NEWS NETWORK