Thai conglomerate TCC seeks to expand investment footprint in Vietnam

The top Vietnamese leader, who began his three-day official visit to Thailand on Wednesday, made the remarks during a meeting in Bangkok the same day with Thapana Sirivadhanabhakdi, executive chairman of TCC Group and CEO of Thai Beverage Public Company Limited (ThaiBev), a subsidiary of the conglomerate.

As one of Thailand’s largest private conglomerates, TCC Group operates across multiple sectors, including food and beverages, industry and trade, finance and insurance, real estate, agriculture, and agro-industry.

The group is present in multiple markets, including Vietnam, Singapore, Malaysia, and Myanmar.

During the meeting, Thapana provided updates on TCC Group’s operations in Vietnam and expressed appreciation for the Vietnamese leader’s support for the group, while voicing hope for continued favorable conditions for business activities going forward.

He asserted that the group is considering additional investment projects in Vietnam, particularly in logistics, recycling, and other sectors.

The Vietnamese leader praised the group’s expanding investment and business activities in Vietnam, particularly in sectors aligned with the country’s development needs and capable of generating added value for bilateral ties.

He also acknowledged TCC Group’s operations in Vietnam in recent years, encouraging the conglomerate to further develop its presence in line with stronger governance, greater application of science and technology, better environmental protection, and deeper contributions to local communities.

He said Vietnam is continuing to improve its investment and business environment, while prioritizing projects with high quality, advanced technology, modern governance, and strong linkages with domestic enterprises.

The top Vietnamese official also urged TCC Group to support Vietnamese small- and medium-sized enterprises in integrating more deeply into supply chains, helping strengthen connectivity between the two economies and across ASEAN.

He emphasized that Vietnam attaches importance to its comprehensive strategic partnership with Thailand, established in May 2025, with economic, trade, investment, and business ties serving as key pillars of sustainable growth and deeper regional integration.