Ba Ria - Vung Tau Province has promoted adding 6 new industrial zones to the region to promote economic development to a new level, of which Xuyen Moc Industry - Urban - Service Complex has the largest area of ​​1,143 hectares.

The Management Board of Industrial Parks (IZs) of Ba Ria - Vung Tau Province has just proposed to the Provincial People's Committee to add 6 more industrial zones, totaling an area of ​​more than 4,796 hectares, into the development orientation. The list includes Xuyen Moc Industrial Park - Urban - Service (Xuyen Moc district) with the largest area of ​​1,143 hectares; Dat Do II Industrial Park (extension of Dat Do I Industrial Park - Dat Do District) with an area of ​​1,000 hectares; Phuoc Hoa Industrial Park (Phu My town) with an area of ​​800 hectares; Da Bac Industrial Park (Chau Duc District) phase 2 - 3 with an area of ​​500 hectares; Expanded Phu My 3 Industrial Park (Tan Thanh District) with an area of ​​650 hectares; Cu Be Industrial Park (Chau Duc District) with an area of ​​500 hectares.

In which, Xuyen Moc Industry - Urban - Service Complex is invested by Saigon Telecommunication & Technologies Corporation (SAIGONTEL), approved by the province to research and develop a project in 2018. Up to now, the selection of location and project scale has been basically completed. The project is expected to be implemented in Hoa Hoi, Hoa Hiep and Binh Chau communes (in Xuyen Moc district).

According to the assessment of the Management Board of Industrial Zones of Ba Ria - Vung Tau province, the demand for land lease in industrial park projects of foreign investors is very large and urgent. Therefore, it is very important and expand industrial parks to create a land fund ready for lease in the near future.

Links to websites that publish information:

1. CafeF: https://m.cafef.vn/6-khu-cong-nghiep-gan-4800-ha-duoc-de...
2. Baomoi: https://baomoi.com/ba-ria-vung-tau-de-xuat.../c/37629909.epi
3. Cong Luan: https://congluan.vn/saigontel-duoc-Giao-nghien-cuu-lap-du-an-khu-cong-nghiep-1143-ha-tai-ba-ria--vung-tau -post114463.html
4. Doanhnhanvn: https://doanhnhanvn.vn/ba-ria-vung-tau-de-xuat-bo-sung-6-khu-cong-nghiep-26886.html

On the morning of January 2^nd, 2020, at Da Nang People’s Committee, SAIGONTEL and Da Nang Investment Promotion Agency (IPA Da Nang) signed a memorandum of understanding for “Cooperation in investment promotion in Da Nang City, with the representative from IPA Da Nang - Ms.Huynh Lien Phuong, the Director, and the representative from SAIGONTEL – Ms. Nguyen Cam Phuong, and attended by Mr. Ho Ky Minh – the Vice Chairman of Da Nang People’s Committee and representatives of various departments.

Mrs. Nguyen Cam Phuong - General Director of SAIGONTEL and Mrs.Huynh Lien Phuong - Director of IPA Danang signed the Memorandum of Understanding.

Saigon Telecommunication & Technologies Corporation (SAIGONTEL) – a member of Saigon Invest Group (SGI), specializes in real estate, investment, construction and development of industrial parks, urban areas and hi-tech parks. SAIGONTEL has a large number of partners and clients, including many clients interested in investing in Da Nang and is honored to become the official representative in promoting Da Nang’s investment to domestic and foreign investors within these major fields from 2020 to 2025:

• - Tourism and high-quality services associated with resort properties;
• - Sea ports, airports, associated with logistics;
• - High – tech industry associated with innovative urban areas;
• - Information technology, electronics and telecommunications associated with digital economy;.
• - High – tech agricultural products and fishery.

With this Memorandum of Understanding, both parties will exchange and provide information to promote investment in Da Nang; to cooperate and organize activities including: events connecting enterprises, conferences, seminars, and consultations of legal policies relating to investment activities of business. 

The signing ceremony took place under the attandance and witness of representatives of Danang Departments

Starting with this goal in 2020, SAIGONTEL and IPA Da Nang will focus on promotion investment in markets such as South Korea, India, and Italy in the following fields: high – tech industry, information technology, high – quality services (health, education and tourism).

We wish for a successful cooperation and with this start will open up many development opportunities for SAIGONTEL.

On the afternoon of January 16^th, 2020, at the office of Saigon Telecommunication & Technologies Corporation (SAIGONTEL), SAIGONTEL and SKYX SOLAR (a subsidiary company of VinaCapital Group) held the signing ceremony for the Memorandum of Understanding to establish an asset holding company with the attendance of representatives of the Board of Directors and the leaders of two companies. This will be the exclusive company of SAIGONTEL and SKYX SOLAR for the development and construction of rooftop solar power in Industrial Parks which are owned, managed or cooperated by SAIGONTEL and affiliated partners.

Mrs. Nguyen Cam Phuong - General Director of SAIGONTEL and Mr. Brook Colin Taylor - Director of SKYX SOLAR signed the Memorandum of Understanding.

Under this agreement, SKYX SOLAR is responsible for technical evaluation, design, and management operating systems.  SAIGONTEL is in charge of project development in industrial zones which are owned, managed or cooperated by SAIGONTEL and affiliated partners. It is estimated that the company will build rooftop solar power systems with a total capacity of more than 100MWp in the upcoming years, starting with the total capacity of 50MWp by the end of 2021.

Last year, our country’s solar power output rose to 400 times, from 10 Mwac to 4 Gwac, equivalent to 4-fold growth rate. The data of the Electricity of Vietnam (EVN) showed that the whole country had 82 solar power projects with a total capacity of 4,460 MW on the national grid, accounting for 10% of total electricity output of the country.

On the afternoon of March 10^th, 2020, at the office of Saigon Telecommunication & Technologies Corporation (SAIGONTEL), SAIGONTEL and SGH held the signing ceremony of their strategic cooperation with the attendance of representatives from SAIGONTEL, including Ms. Nguyen Cam Phuong, the General Director, and other esteemed leaders and managers of the company. Representing SGH  were Mr. Nguyen Duy Hung, the General Director, and other company leaders, aiming to cooperate in the development of Saigon – Chan May Industrial Park and Non-Tariff Zone. 

Mrs. Nguyen Cam Phuong - General Director of SAIGONTEL and Mr. Nguyen Duy Hung - General Director of SGH with representatives of the both sides

Saigon – Chan May Industrial Park and Non-Tariff Zone was established in 2008, located in Chan May – Lang Co Economic Zone, Phu Loc District, Thua Thien – Hue Province, Vietnam. It is located only 3 kilometers away from Chan May Port and 47 kilometers from Tien Sa Port. The location is convenient for accessing  Phu Bai International Airport, Hue and Danang International Airport, which takes only 45 minutes by highway. In addition, the location of the Industrial Park is also located in the East – West Economy Corridor, a location favorable for trading within the Indochinese Peninsula, including the countries of Laos, Myanmar, Thailand.

Moreover, the Industrial Park has preferential policies on tax incentives and tax exemptions, which are extremely attractive compared to the neighboring Industrial Parks, creating advantages and expectations for Saigon – Chan May Industrial Park and Non – Tariff Zone that will thrive in the near future.

Meanwhile, SAIGONTEL is a unit with a network of domestic and foreign partners and is the representative for investment promotion for many major cities and provinces such as Da Nang, Ba Ria – Vung Tau, Long An.

Under this agreement, SGH will provide information about Industrial Parks, helping SAIGONTEL receive information about the Hue market and create favorable conditions to promote and attract potential investors. SAIGONTEL is responsible for implementing promotion activities to introduce, connect partners and potential investors to invest in the Industrial Parks.

The Representatives of the both sides signed the Memorandum of Understanding.

Taking advantage of both sides’ goal of long-term cooperation development, this collaboration promises to bring great opportunities for both parties to attract domestic and foreign investors. It will also concurrently create a development foundation of Saigon – Chan May Industrial Parks and Non – Tariff Zone.

On March 11, 2020, SKYX SOLAR and SAIGONTEL signed a joint venture agreement to develop and build rooftop solar projects in Industrial Parks. The ceremony was attended by many representatives from SAIGONTEL, including Ms. Nguyen Cam Phuong, the General Director, and other esteemed leaders and managers of the company. Representing SKYX SOLAR were Mr. Brook Taylor, the Managing Director of VINACAPITAL and Director of SKYX SOLAR and other company leaders. In addition, there were also the representatives of the executive committee of Industrial Parks belonging to SAIGON INVEST GROUP (SGI).

Mrs. Nguyen Cam Phuong - General Director of SAIGONTEL and Mr. Brook Colin Taylor - Director of SKYX SOLAR and representative of both sides

According to the agreement, the two parties will co-invest in this project. SKYX SOLAR is responsible for technical evaluation, design, and management operating systems, while SAIGONTEL is in charge of project development in the industrial zones which are owned, managed or cooperated by SAIGONTEL and affiliated partners.

The venture will initially focus on 10 industrial parks in the Southern and Central regions, where the radiation level is high, to develop and operate the rooftop solar system with a capacity of 150MW within the next three years. This is the optimal renewable energy solution for industrial parks, which helps in saving costs and bringing benefits in reducing carbon dioxide emissions and ensuring that it does not affect and disrupt the business activities of the companies.

Both sides signed the contract

At the ceremony, on behalf of the joint venture, SAIGONTEL also supported and signed a Memorandum of Understanding for cooperation and development of the rooftop solar project with Saigon – Chan May Industrial Park and Non – tariff zone, one of the industrial parks of SAIGON INVEST GROUP, represented by General Director Mr. Nguyen Duy Hung, who occupies a strategic position and has many special and attractive preferential policies in the Central region.

Mrs. Nguyen Cam Phuong - General Director of SAIGONTEL representing the joint venture and Mr. Nguyen Duy Hung - General Director of SGH signed the Memorandum of Understanding.

According to Vietnam Electricity, from 2021 to 2025, the power shortage in the South will increase from 3.7 billion kWh in 2021 to nearly 10 billion kWh in 2022. Therefore, from June 2019, more than 0.5 million kWh capacity of solar power projects were invested and put into operation. However, the current capacity is not yet able to offset the shortage of electricity.

The total rooftop solar power of more than 4,000 MW is expected to be built in the next five to seven years – the potential market is much larger than this expectation.

This cooperation will open up new opportunities for businesses in the future with green energy, cost savings and environment friendliness. This is also the current trend not only in Vietnam but also globally.

News:

1. Bizhub: http://bizhub.vn/corporate-news/skyx-solar-saigontel-tie-up-to-develop-rooftop-solar-power_313904.html
2. Deal Street Asia: https://www.dealstreetasia.com/stories/vinacapital-saigontel-solar-jv-179366/