TCC Group asked to support Vietnamese goods’ entry into Thailand
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TCC Group asked to support Vietnamese goods’ entry into Thailand

Economy, Vietnam, Vietnam Finance News
Prime Minister Nguyen Xuan Phuc (R) receives TCC Chairman Charoen Sirivadhanabhakdi on June 18 (Photo: VNA)

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has
asked Thailand’s TCC Group, as a big retailer, to create conditions for
high-quality goods and agricultural products of Vietnam to be sold in its

Receiving TCC Chairman Charoen Sirivadhanabhakdi
in Hanoi on June 18, he recognised the group’s successful business activities
and tax payment of 100 million USD in Vietnam.

He expressed his hope that TCC, as a famous
brand in Thailand, will serve as an example for foreign investors in complying
with tax regulations, especially in preventing transfer pricing and tax

PM Phuc welcomed the group’s intention to do
long-term investment in Vietnam, affirming that Vietnam is a market economy
where the State ensures business freedom and provides the best possible
conditions for investors, including TCC, in the win-win spirit.

For his part, Chairman Charoen Sirivadhanabhakdi
said his group is determined to expand its retail market share in Thailand,
which can be seen through the recent purchase of Big C Thailand. 

The move will help TCC sell Vietnamese products,
including farm produce, in Thailand, he said, noting that the firm has set up a
division specialising in export activities in Vietnam.

He added TCC is very interested in the business
of beer and wants to bring Vietnam’s beer brands to international markets as
the country has long-standing beer brands with good quality.

The entrepreneur said he hoped the Vietnamese
Government will facilitate his group’s investment and business activities in
Vietnam, including the export of Vietnamese goods to Thailand.-VNA


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