Vietnam: Core market for low-carbon expansion of SCG

by 09 November 2025 Last updated at 21:44 PM

VTV.vn - With strong cash flow and innovation, SCG is driving Vietnam’s journey toward a sustainable, low-carbon, and inclusive future.

According to the press conference held in Bangkok on 30 October 2025, SCG announced a resilient performance in the third quarter of 2025, maintaining strong cash flow despite global economic headwinds. The company reaffirmed Vietnam as a strategic growth market, accelerating low-carbon cement expansion, smart value products, and community empowerment initiatives.

SCG reported a profit (excluding accounting adjustments) of 616 billion VND (US$ 23 million) and an EBITDA of 11.3 trillion VND (US$ 428 million) in Q3. For the first nine months, EBITDA reached 35.44 trillion VND (US$ 1.34 billion), reflecting strong cash generation. Revenue from sales totaled 96.97 trillion VND (US$ 3.68 billion), down 2% quarter-on-quarter due to seasonality and lower packaging demand.

SCG continues to reinforce resilience through four strategies: maintaining financial discipline, optimizing costs, expanding in high-potential markets like Vietnam, and accelerating Smart Value and Green products.

"Our focus on financial discipline and expansion in high-potential markets has built a strong foundation for sustainable growth," said Mr. Thammasak Sethaudom, SCG President & CEO.

Vietnam remains a key engine of SCG’s regional growth, generating 25.3 trillion VND (US$ 960 million) in revenue for the first nine months of 2025 slightly lower year-on-year due to market conditions but remaining stable overall. In Q3, SCG successfully resumed operations at LSP amid improving feedstock costs and continued market volatility. Moreover, the group also advanced its ESG 4 Plus commitments - delivering innovation, low-carbon transition, community empowerment, and people development.

SCG furthered its inclusive ESG programs across Vietnam:

Gia Lai Province: 50 tons of cement donated for housing improvements under the Temporary House Removal Program.

Dong Nai Province: 34,560 meters of pipelines installed to supply clean water to 1,152 households under the "Loving Water for the Future" Program.

Prime Group: Launched an ESG Factory Tour for students to learn about circular-economy practices.

To build future-ready leaders, SCG launched the Management Enrichment Program (MEP) with Duke University, training 40 mid-level managers. The company also conducted ABC and BCD courses - Business Concept programs and employee volunteering activities. Binh Minh Plastics was again named Asia’s Best Place to Work 2025 by HR Asia, marking the fifth consecutive year.


Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2025-12-08 04:43 UTC