Long Son Commune, Ba Ria – Vung Tau, February 17, 2025 – Long Son Petrochemicals (LSP), a leading and trusted petrochemical company committed to sustainable development, joined forces with 38 organizations including local authorities and business partners to sign the Memorandum of Understanding (MOU) for the social contribution partnership – “Sharing for Society”. This agreement will support community development in Ba Ria – Vung Tau and reinforce LSP and its partner’s dedication to social responsibility and building a better future.

Mr. Kulachet Dharachandra, General Director of LSP, stated at the signing: “At LSP, we believe that the business success also depends on the well-being of the communities where we operate. This year, we have strengthened our commitment to sustainability by partnering with 38 partners through the ‘Sharing for Society’ MOU. This initiative will create programs to improve the lives of people in Ba Ria – Vung Tau. This MOU represents a shared vision between LSP and our partners to make a real, lasting difference by working together. We will focus on six key areas: Cultural preservation, Environmental protection, Safety, Health & Well-being, Youth development, and Economic prosperity. By combining our resources, knowledge, and skills, we aim to build a more sustainable and prosperous future for everyone.”

In 2024, LSP collaborated with 16 local authorities and business partners on social programs in Ba Ria-Vung Tau, especially in Long Son commune. These collaborations resulted in 12 impactful activities aligned with the six key areas, with approximately 12 billion VND invested, creating positive and lasting change. In 2025, LSP will expand these efforts by working with 38 partners, including 16 partners in 2024, to launch meaningful programs for local communities. The MOU signing marks a significant step in LSP’s journey to balance business success with social and environmental responsibility. With the increased participation of new partners this year, we anticipate even greater positive impacts on the community and environment.