Thai oil refining firm eyes investment in Vietnam

Thai Oil Plc (TOP), Thailand’s the largest oil refining company by capacity, is looking forward to pouring its investment in Vietnam, Indonesia and India, in the fields of oil refinery, lube oil and high-value petrochemical products.

Thursday, September 08, 2022 16:11

Thai oil refining firm eyes investment in Vietnam ảnh 1

The Thai Oil Plc (Photo: ogj.com)

Bangkok (VNA) - Thai Oil Plc (TOP), Thailand’sthe largest oil refining company by capacity, is looking forward to pouring itsinvestment in Vietnam, Indonesia and India, in the fields of oil refinery, lubeoil and high-value petrochemical products.

TOP expects bright prospects from businessexpansion into these countries.

According to The Bangkok Post, the Thai firm hasfacilities such as warehouses in the northern and southern regions of Vietnam.

Wirat Uanarumit, president and chief executive ofTOP, said high rates of economic growth and large numbers of young people amongthe populations of the three countries mean these nations offer the bestpotential for investments in Asia.

TOP is expanding its business abroad to meet thegrowing demand for energy and petrochemical products./.

VNA

#Thailand #investment #oil refining company #Vietnam #Vietnamplus #Vietnam news #Vietnam News Agency

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