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SCG Drives ‘Regional Optimization,’ Positioning Vietnam as a Key Base for Production, Domestic Consumption and Global Exports; Highlights LSP and BMP to Strengthen ASEAN Growth Alongside Social and Environmental Sustainability

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BANGKOK, THAILAND – Media OutReach Newswire – 27 November 2025 – SCG is advancing its “Regional Optimization” strategy by positioning Vietnam as a key production base to support domestic consumption and exports to global markets. The company is showcasing the strengths of Long Son Petrochemicals (LSP), Vietnam’s first fully integrated petrochemical complex, and Binh Minh Plastics (BMP), the country’s leading manufacturer of premium plastic pipes and fittings. Together, these businesses reinforce SCG’s growth in ASEAN while driving social and environmental sustainability.

Kulachet Dharachandra, Country Director – Vietnam at SCG and Executive Vice President of SCGC, said, “Regional Optimization is an integrated business strategy across ASEAN that leverages the collective strengths of each country, production bases, resources, and economic potential, to enhance efficiency and create advantages in cost, market reach, and sustainability. SCG is implementing this strategy across Vietnam, Indonesia, the Philippines, Cambodia, Lao PDR, and Myanmar, where each country plays a vital role in strengthening SCG and its subsidiaries while supporting long-term sustainable growth.”

Vietnam: SCG’s Strategic Production Base and Market

Vietnam is a strategic country for SCG, supported by several key factors: a domestic market of more than 100 million people, rapid infrastructure development, competitive production costs, and government policies that promote investment and exports. In 2024, Vietnam’s economy grew by 7.1%, with its gross domestic product (GDP) reaching USD 476 billion and foreign direct investment totaling more than USD 38.2 billion.

Kulachet continued, “SCG and its 28 subsidiaries have invested more than USD 7 billion in Vietnam, representing 28% of SCG’s total assets. Our operations span chemicals, cement, building materials, packaging, and logistics nationwide, enabling fully integrated cost and supply chain management. SCG also leverages the combined strengths of Thailand and Vietnam to enhance the competitiveness of the Group through initiatives such as:

  • Transferring expertise in technology, safety standards, and plant management from Thailand to Vietnam;
  • Leveraging Vietnam’s position as an export base, supported by its extensive network of more than 60 Free Trade Agreements (FTAs), enabling the export of products such as PRIME GROUP’s glazed porcelain tiles and low-carbon cement to the United States;
  • Enhancing regional supply chain efficiency, particularly in the chemicals business, where production and marketing can be jointly optimized across the three crackers (ROC–MOC–LSP). This allows Thailand to focus on producing high value-added (HVA) products, while LSP focuses on meeting Vietnam’s large domestic demand and supplying global markets.”

Long Son Petrochemicals (LSP): Vietnam’s First Fully Integrated Petrochemical Complex

Kulachet said, “The petrochemical industry continues to face volatility and challenges due to global oversupply, while the world economy has yet to fully recover. Nevertheless, SCGC is continuing to advance and accelerate strategic adjustments to navigate these challenges by strengthening its competitiveness and leveraging key advantages. One of these advantages is SCGC’s diversified production base across three ASEAN countries, Thailand, Vietnam, and Indonesia, with LSP as Vietnam’s first fully integrated petrochemical complex. LSP significantly enhances SCGC’s long-term competitiveness at both regional and global levels. With LSP’s flexible production technology, the plant can switch between naphtha and propane feedstock depending on market conditions (Flexible Feedstock). For example, with propane prices currently lower than naphtha, LSP has adjusted its production plan by increasing the proportion of propane feedstock to 70% to optimize costs and strengthen competitiveness.”

“In addition, LSP has also adopted advanced technologies and technical expertise transferred from Thailand to further enhance environmentally responsible operations. These include Vietnam’s first large-scale enclosure ground flare system for smokeless gas disposal, a high-efficiency wastewater treatment system, and technologies designed to reduce air emissions, reinforcing LSP’s ambition to become a model for environmentally sustainable plant operations.”

“As for the progress of the LSP Enhancement Project (LSPE), the project is progressing according to plan. Construction of two ethane storage tanks is currently underway, along with process modifications to accommodate ethane feedstock. Overall progress has exceeded 20%, and completion is expected by the end of 2027,” Kulachet added.

Binh Minh Plastics (BMP): Market Leader in Premium Plastic Pipes and Fittings Supporting Vietnam’s Growth

In addition to its petrochemical operations in Vietnam, another business that reinforces SCGC’s strengths is the plastic pipes and fittings segment under Binh Minh Plastics (BMP), a listed company on the Ho Chi Minh Stock Exchange (HOSE). BMP operates a nationwide distribution network of more than 2,500 stores across Vietnam.

Niwat Athiwattananont, Chief Executive Officer of BMP, said, “Vietnam is undergoing rapid infrastructure development, resulting in strong demand and significant growth opportunities in the construction materials sector. BMP specializes in the manufacturing and distribution of premium-grade plastic pipes and fittings for residential, industrial, infrastructure, and agricultural applications, including water supply systems, drainage, telecommunications, and construction.”

“Furthermore, BMP collaborates closely with Nawaplastic Industries (NPI) in Thailand to enhance plant management efficiency through automation and robotics, as well as through knowledge sharing and technology transfer. This collaboration supports the development of high value-added (HVA) innovations, particularly within BMP’s ‘green’ product portfolio, which has been certified with international environmental standards. These efforts elevate product quality to global benchmarks. Looking ahead, the company plans to develop additional product lines to meet emerging market needs and expand its distribution coverage across the ASEAN region,” Niwat added.

Commitment to ESG

Kulachet added, “SCG places strong emphasis on advancing ESG to drive Inclusive Green Growth in Vietnam by applying expertise from Thailand to enhance production processes and promote green technologies.

  • Environment: In recent years, SCG has invested more than USD 100 million in projects to improve energy efficiency and increase the use of renewable energy. The company also places strong emphasis on developing environmentally friendly products and services across all business units, such as Low Carbon Cement, to support the growing green transition in Vietnam and export markets.
  • Social: SCG has implemented programs that uplift community well-being, including the Sharing the Dream scholarship initiative, which has provided more than 6,000 scholarships nationwide over nearly 20 years, and the Loving Water for the Future project, which has helped install clean-water pipelines for more than 1,500 households in remote areas.
  • People: SCG is committed to developing more than 15,000 employees across Vietnam through SCG Academy and leadership-development programs such as the Management Enrichment Program, conducted in collaboration with Duke University, to build leaders equipped to navigate future challenges.”

“We firmly believe that Vietnam continues to hold strong growth potential, and we are proud to contribute to the country’s economic, social, and environmental development through the enduring partnership between Thailand and Vietnam. This collaboration will further strengthen the competitiveness of the ASEAN region as a whole. Our investments in LSP and BMP demonstrate SCG’s capability to operate effectively amid challenges and its long-term commitment to developing a competitive and sustainable industrial landscape,” Kulachet concluded.
Hashtag: #SCG

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SL Aesthetic Group Marks 22 Years of Innovation and Regional Expansion in Singapore and Southeast Asia

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SINGAPORE – Media OutReach Newswire – 15 January 2026 – SL Aesthetic Group celebrates its 22nd anniversary, marking its growth from a single clinic into a multi-brand medical aesthetics and healthcare group.

Founded in Singapore in 2003, the Group has grown to encompass five specialised brands operating more than twenty outlets across Singapore and the region.

  • SL Aesthetic Clinic offers doctor-led skin, face and body treatments, and is one of Singapore’s longest-running medical aesthetics clinic.
  • SkinLab The Medical Spa, a dermatology-focused medical spa, specialises in medical-grade facials and skincare products for sensitive skin.
  • TrichoLab, a dedicated hair and scalp health brand specialising in medical hair loss solutions.
  • Euphie (Malaysia) is the Group’s Malaysia-based extension comprising Euphie Skin Solutions and Euphie Clinic, delivering medically supervised aesthetic care.

The Group has served more than 100,000 patients, with care provided by a team of 12 doctors and more than 100 trained specialists.

Over the past two decades, the concept of beauty and wellness has broadened into a more holistic approach to personal care—one that goes beyond aesthetics to support overall wellbeing. People are placing greater emphasis on long-term health, from their mental health and nutrition to their physical appearance. This shift has driven growing demand for preventive, medically supervised services that integrate aesthetics with broader health concerns.

In response to these changing needs, SL Aesthetic Group has expanded its medical services beyond skin and hair treatments, introducing more than 40 new offerings across its five specialised brand portfolios, including women’s health services.

Dr Kelvin Chua, Founder and Senior Medical Director of SL Aesthetic Group, said: “Reaching 22 years reflects the continuity of care we have built over time. As patient expectations change, our focus remains on delivering medically supervised services that support long-term health and well-being.”

As part of this expansion, the Group launched Prologue The Lifestyle Medical Clinic and Prologue Centre for Women’s Wellness in 2025. Prologue The Lifestyle Medical Clinic focuses on preventive care for chronic conditions, supported by artificial intelligence–enabled health screenings for early detection of conditions such as dementia and cancer. Meanwhile, Prologue Centre for Women’s Wellness addresses women’s health needs across different life stages, including perimenopause, menopause, and postpartum recovery.

Within Singapore, the group strengthened its physical presence with the opening of its tenth SL Aesthetic Clinic and SkinLab The Medical Spa outlet at iMall in Marine Parade, as a response to strong and sustained demand from patients in the eastern region.

Regionally, SL Aesthetic Group marked a milestone as its Malaysia-based brand, Euphie — comprising Euphie Skin Solutions and Euphie Clinic — celebrated its first anniversary. Building on this foundation, the Group plans to open an additional outlet in Malaysia, extending its medically supervised services to a wider patient base.

Looking ahead, SL Aesthetic Group plans to continue expanding its clinical footprint while maintaining regulatory compliance, clinical standards, and patient safety.

For more information, visit: https://slaestheticgroup.com/
Hashtag: #SLAesthetic

The issuer is solely responsible for the content of this announcement.

About SL Aesthetic Group

SL Aesthetic Group is one of Singapore’s longest-established medical aesthetic groups, with a presence in Singapore and Malaysia. The Group houses a diverse portfolio of brands, including SL Aesthetic Clinic, SkinLab The Medical Spa, TrichoLab, PROLOGUE, and Euphie (Malaysia).

Founded in the 2000s, SL Aesthetic Group specialises in skin and hair health, women’s wellness, and holistic medicine. Across its clinics and outlets, the Group offers a comprehensive range of FDA-approved aesthetic and medical treatments, all supervised by trained and certified healthcare professionals holding Certificates of Competency (COC) recognised by the Singapore Medical Council’s Aesthetic Practice Oversight Committee (APOC).

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Aon Appoints Kulshaan Singh as Enterprise Client Leader, Asia Pacific based in Singapore

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SINGAPORE – Media OutReach Newswire – 15 January 2026 Aon plc (NYSE: AON), a leading global professional services firm, today announced the appointment of Kulshaan Singh as enterprise client leader, Asia Pacific, effective immediately.

Based in Singapore, Singh will leverage his extensive experience across some of Asia’s most dynamic markets to deliver innovative approaches to Risk Capital and Human Capital for Aon’s enterprise and large multinational clients in Asia. Reporting to Craig Torgius, chief client officer and head of enterprise clients, Asia Pacific, Singh will focus on building strategic partnerships and unlocking new opportunities supporting clients to achieve their growth ambitions.

“Kulshaan brings a rare blend of strategic acumen with strong execution ability, global insight and local expertise to our Asia Pacific team,” said Torgius. “His ability to lead transformation, foster collaboration and deliver results across diverse industries will be invaluable in helping clients navigate an increasingly complex risk landscape.”

With over two decades of experience in consulting and executive leadership, Singh held prominent roles including managing director for talent solutions for southeast Asia at Aon, CEO Mercer Singapore and chief people officer at Charoen Pokphand Group. Most recently, as the global group chief people officer at Thai Union Group, he spearheaded large-scale transformation initiatives including organisation design, succession and leadership alignment.

Reflecting on his new role, Singh said, “I feel privileged and excited to be back at Aon and look forward to working closely with Aon’s global and local teams to deliver solutions that help clients navigate complexity and interconnected challenges.”

Read more about Aon’s capabilities in Asia Pacific here.

Hashtag: #Aon

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About Aon

exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that help protect and grow their businesses.

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Disclaimer
The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.

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Zero-Emission Technology Underpins the Future of Urban Living

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HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 15 January 2026 – In 2025, Vietnam marked a pivotal moment in its economic trajectory. Amid persistent global uncertainties, the country recorded GDP growth of 8.02%. Vietnam’s economic scale also reached a new threshold, with GDP estimated at approximately USD 514 billion and GDP per capita surpassing USD 5,000, officially elevating the country into the upper-middle-income category. Notably, Vietnam led ASEAN in growth momentum, reinforcing Vietnam’s rising profile as a resilient and increasingly attractive destination for long-term global capital.

As an economy reaches a new stage of development, the central question is no longer how fast it can grow, but how well it can sustain that growth over time. The development trajectories of many countries show that crossing an income threshold often brings complex structural pressures: Mounting strain on urban infrastructure, environmental degradation, and higher expectations for quality of life.

In this context, traditional growth models, those that prioritize short-term economic returns, begin to reveal their limitations. What emerges instead is a clear demand for development paradigms in which economic performance, environmental resilience, and social value are conceived together from the outset, rather than treated as sequential or secondary considerations.

For Vietnam, this transition is particularly significant as global capital flows increasingly favor ESG-aligned markets, and urban residents shift from a focus on asset ownership to a more holistic pursuit of living quality and long-term wellbeing. Real estate, therefore, is no longer simply a supply-and-demand equation, but a foundational platform for shaping lifestyles, communities, and sustainable urban ecosystems.

It is precisely within this structural shift that Vinhomes Green Paradise is positioned as a forward-looking benchmark, reflecting the long-term vision of Vinhomes to develop real estate on an “ESG++ from the ground up” foundation, where sustainability is not an added feature, but the core architecture that underpins enduring economic and social value.

Geography as Destiny: A Living Natural Heritage

Many believe that Vinhomes Green Paradise is a “new wonder” of modern society, bringing together a rare convergence of forward-looking planning, contemporary living standards, and visionary development. Yet beyond its scale or sophistication, its very location is a wonder in itself. It is a place where human intelligence and capability are applied not to dominate nature, but to collaborate with it, leveraging an irreplaceable “forest-backed, sea-facing” setting that cannot be replicated, while preserving, restoring, and ultimately giving back to the natural environment.

Among more than 90 submissions from across the globe, New7Wonders selected Vinhomes Green Paradise as the first project worldwide to receive the “Official Participant” certification in the global “7 Wonders of Future Cities” campaign.

“This is a truly exceptional project,” said Jean-Paul de la Fuente, Director of New7Wonders and Chairman of the global campaign. “Vinhomes Green Paradise is a ‘precious jewel’, a place that is exceptional for living, working, and enjoying life. The project symbolizes the kind of cities that dare to dream, dare to pave new paths, and dare to break boundaries to realize a future where nature, community, and growth coexist in harmony.”

According to him, this spirit is exactly what the world is seeking in the cities of tomorrow.

After personally visiting the site in Can Gio, Jean-Paul de la Fuente identified the project’s geography as its most irreplaceable asset. Spanning 2,870 hectares, Vinhomes Green Paradise is uniquely positioned between two globally significant ecosystems. To the front lies the vast Pacific Ocean, with 121 kilometers of coastline. Behind it stretches the 75,000-hectare Can Gio Mangrove Biosphere Reserve, recognized by UNESCO.

At the heart of the megacity sits an 800-hectare saltwater lagoon, the largest of its kind in the world, functioning as a natural ecological regulator, a “green heart” sustaining biodiversity, climate balance, and urban vitality.

Unlike many coastal developments around the world, nature here is not reduced to a backdrop. It is treated as a living heritage, actively preserved and regenerated through dedicated mangrove restoration funds that protect not only the project, but also the ecological shield of Ho Chi Minh City.

While many global developments aim to comply with ESG standards, Vinhomes Green Paradise goes further, introducing an ESG++ model built on five pillars: Environment, Social, Governance, Regeneration, and Adaptation.

This approach reflects a paradigm shift in urban development. Cities of the future must not merely “do less harm”. They must actively give back to nature and society.

Jean-Paul emphasized the importance of this vision: “Future sustainable cities must not ‘take’ from nature, they must ‘give back,’ helping restore and nurture the planet.”

This regenerative mindset is embedded from the earliest stages of construction. Advanced K-DPM technology transforms dredged soft mud into durable construction material, completely eliminating waste discharge into the environment, a breakthrough in large-scale coastal development.

Technology as the City’s Invisible Infrastructure

If nature is the soul of Vinhomes Green Paradise, technology is its invisible nervous system. The entire megacity is designed to operate on 100% clean energy, sourced from offshore wind turbines located 20 kilometers from shore and large-scale solar systems. Transportation within the city and connections to central Ho Chi Minh City are oriented toward zero emissions, supported by electric mobility and high-speed rail.

IoT, AI, and Big Data platforms operate continuously to monitor environmental quality, optimize energy use, and provide early warnings for climate-related risks, ensuring resilience in an era of increasing uncertainty.

One of the core criteria of the “7 Wonders of Future Cities” campaign is placing people at the heart of urban design. At Vinhomes Green Paradise, this principle is elevated further: Residents are not passive beneficiaries, but active co-creatorsof the city.

The megacity features globally scaled cultural and lifestyle landmarks, including a 122-hectare entertainment complex, the 7-hectare Blue Waves Theatre with 5,000 seats, an outdoor performance plaza for 60,000 people, two 18-hole championship golf courses designed by Tiger Woods and Robert Trent Jones, a 108-story tower among the world’s top 10 tallest, and the Cosmo Bay night-time economy hub.

Healthcare, education, and lifelong wellbeing are equally prioritized, with Vinmec healthcare partnering with Cleveland Clinic (USA), Vinschool and Brighton College (UK) in education, and Vin New Horizon redefining senior living. Together, they form an ecosystem where human potential is continuously nurtured.

Residents also play a direct role in environmental stewardship, participating in biodiversity monitoring, mangrove planting, waste sorting, and adopting electric mobility, becoming true “ecological ambassadors” of Can Gio.

The Wonders of the Future Are Being Built Today

For Jean-Paul de la Fuente, Vinhomes Green Paradise represents far more than an urban project.
“The project is positioned as a powerful symbol of Vietnam’s national aspirations and its determination to assert its place on the global stage. What was seen on site is only a small part of a much larger vision,” he said.

Reflecting on the impact of previous New7Wonders campaigns, he noted: “The previous two campaigns, ‘New7Wonders of the World’ and ‘New7Wonders of Nature’, both generated what researchers call the ‘Wonder Effect,’ significantly boosting the economies and societies of the winning destinations.”

Drawing a parallel with Ha Long Bay, he added that he truly believe Vinhomes Green Paradise can achieve something similar, but on an even larger scale, competing directly with iconic cities around the world.”

As Jean-Paul concluded: “If our previous campaigns celebrated the heritage of the past and the beauty of the present, then the ‘7 Wonders of Future Cities’ campaign celebrates the vision being created for future generations.”

“The wonders of the future are taking shape today through the choices, creativity, and determination of pioneering urban planners and developers.”

In that global narrative, Vinhomes Green Paradise stands as a powerful testament to Vietnam’s ambition: A city where geography itself is a wonder, where growth does not compromise the future, and where nature, technology, and humanity evolve together, creating a legacy not just for Vietnam, but for the world.

Hashtag: #Vinhomes

The issuer is solely responsible for the content of this announcement.

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