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.