Vinhomes JSC and the Japan-based Mitsubishi Corporation, on December 21, 2021, signed a memorandum of comprehensive cooperation in three fields: Urban Development & Real Estate Business, Smart City Management & Digital Transformation and Energy Transformation.

Representatives of Vinhomes JSC and Mitsubishi Corporation (Japan) signed a memorandum of comprehensive cooperation.

To realize the first step of cooperation, Vinhomes and Mitsubishi Corporation will join hands in developing the Origami and the Miyako projects in Vinhomes Grand Park (Ho Chi Minh City) and one project in Vinhomes Ocean Park (Ha Noi).

In the field of urban development, the two parties will cooperate to create large-scale complex urban areas with synchronous utilities, as well as a green and classy living environment thereby improving the quality of life for residents and contributing to changing the appearance of urban areas in Viet Nam.

In the field of urban management, Vinhomes and Mitsubishi Corporation will work together to apply smart solutions to the operation and management of buildings, bringing customers a modern and comfortable life on par with developed cities in the world.

The comprehensive cooperation will also contributes to solving social problems as the two parties agree to research solutions to optimize energy use, and ensure urban development in association with infrastructure development, thereby promoting urbanization in parallel with environmental protection and building a sustainable society.

Shigeyuki Ikeda, director of Ho Chi Minh City Branch of Mitsubishi Corporation, affirms that Vinhomes is the leading real estate company in Viet Nam

Shigeyuki Ikeda, director of Ho Chi Minh City Branch of Mitsubishi Corporation, said: “Vinhomes is a leading real estate company in Viet Nam. Therefore, in cooperating with such a reliable partner, we are confident in developing products of exceptional quality that will bring customers a complete, comfortable and sustainable life.”

Nguyen Duc Quang, deputy chief executive officer of Vinhomes, JSC expressed his belief in the future cooperation between the two companies.

Nguyen Duc Quang, deputy chief executive officer of Vinhomes JSC, said: “We fully believe in the future of this cooperation. The prestige and experience of the leading real estate developer in Viet Nam and the reputation of Mitsubishi Corporation in particular and the world-renowned Japanese standards in general promise to create a different and humane lifestyle."

Quang added that the cooperation between the two prestigious companies would contribute to making Vinhomes Grand Park and Vinhomes Ocean Park the most livable, world-class megacities in Viet Nam. 

As an outstanding great park city in the heart of Ho Chi Minh City, Vinhomes Grand Park has endless green space from a series of parks covering an area of up to 36 hectares and a light garden inspired by Gardens by the Bay (Singapore).

Only a short time after its official handover and operation (since mid-2020), Vinhomes Grand Park has attracted nearly 20,000 residents, forming a bustling resort town with a wide range of facilities in the East of Ho Chi Minh City.

Vinhomes Grand Park makes a strong impression on foreign investors thanks to its perfect connections. The metro Ben Thanh – Suoi Tien Line 1 is a connection point that was crucial to Mitsubishi deciding on investing in two projects  the Origami and the Miyako of Vinhomes Grand Park.

In Ha Noi, Vinhomes Ocean Park was recognized by the Guinness World Records as a megacity with the world’s largest man-made saltwater and freshwater lakes with white sand.

Vinhomes also impresses customers and investors with a complete "all-in-one" service utility system by an ecosystem including Vincom  Vinschool, Vinmec, VinUni, Vinbus, green space and wide water surface.

As the largest urban area developed by Vinhomes, Vinhomes Ocean Park has a perfect connection infrastructure with metro Line 8 - an indispensable element for such a Japanese investor as Mitsubishi.

At present, Vinhomes Ocean Park has also attracted nearly 30,000 residents, forming an "Ocean District" - a new center in the East of Ha Noi City.

Introduction information:

Vinhomes JSC (a member of Vingroup) is the leading real estate development, trading and management company in Viet Nam. Vinhomes has built a solid reputation through the successful construction, management and operation of 27 apartment and villa projects across the country, creating the most livable urban areas in Viet Nam with a mission “to create a better life for the Vietnamese people.”

Mitsubishi Corporation is a leading multi-industry corporation in Japan, operating in many business fields such as urban development, energy solutions, and industry, with a global network of 1,700 companies in 90 countries.

Mitsubishi Corporation has invested in Viet Nam since 1991, marking its presence with different brands such as Mitsubishi Motors, Mitsubishi Elevator and Uniqlo.