Indochina Kajima and VietinBank enter into a strategic partnership

April 27, 2021 - 14:51

Indochina Kajima Development Limited (Indochina Kajima), a joint-venture of Indochina Capital and Kajima Corporation has signed a strategic partnership with VietinBank.


Indochina Kajima and VietinBank sign a strategic partnership to provide the market with innovative real estate. — Photo courtesy of Indochina Capital

HCM CITY — Indochina Kajima Development Limited (Indochina Kajima), a joint-venture of Indochina Capital and Kajima Corporation, has signed a strategic partnership with VietinBank.

Together, the two partners aim to provide the market with innovative real estate that addresses current and future demands.

“This partnership aims to strengthen the co-operation at a higher level between Indochina Kajima and VietinBank in activities including financial services, banking services, branding and communications. Both companies will leverage our advantages and strengths to support one another in our business expansion and development, in compliance with the law,said Trần Minh Bình, CEO, VietinBank.

“Indochina Kajima has a clear strategy that addresses the current and future demands of the market while maintaining unwavering commitment to architectural excellence, environmental sustainability, and social responsibility. We believe all our developments are more than just a building or a brand, but all part of a lifestyle movement, changing the way people travel, work and live. We are proud to have VietinBank join us as a strategic partner in this transformational journey,” said Peter Ryder, CEO, Indochina Capital.

Indochina Kajima is a joint-venture between Indochina Capital, founded in 1999, one of Việt Nam’s leading real estate advisory, investment and development companies with a portfolio of iconic landmarks including the Four Seasons Nam Hải, Six Senses Côn Đảo, Hyatt Regency Danang, Indochina Plaza Hanoi and Indochina Riverside Towers Danang.

Founded in 1840, Kajima Corporation is one of Japan’s top contractors and real estate developers with a global footprint including some of the world’s most iconic properties, such as the Four Seasons Hualalai in Hawaii, Saint Endréol Resort in Provence, France, and Senayan Square in Jakarta, Indonesia.

With an investment commitment of US$1 billion in Việt Nam, Indochina Kajima aims to develop a portfolio of resorts, urban hotels, residential, office and industrial projects and is committed to creating innovative real estate, enriching the communities in which it operates. The company’s first statement in Việt Nam is Wink Hotels – a chic, fun, vibrant hotel brand born in Việt Nam for Việt Nam with a pipeline of over 20 hotels across the nation.

VietinBank is a leading commercial bank in Viet Nam in terms of total assets, lending market share, accounting for nearly 12 per cent of lending market share, with stable capital and a solid customer base.

VietinBank has been a partner to Indochina Kajima in various projects and will be providing banking and financial services to Indochina Kajima’s future projects in Hải Phòng, Hà Nội and Phú Yên. — VNS