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.