Vinhomes and Mitsubishi Corporation Expand Cooperation to Data Centers and AI

Vinhomes announced on November 10, 2026, that it had signed a memorandum of understanding on comprehensive strategic cooperation with Mitsubishi Corporation. The signing took place during the Vietnam-Japan Public-Private Forum on Economic and Science and Technology Cooperation. The companies plan to expand their cooperation beyond urban development into housing, infrastructure and sustainability.

Beyond residential and commercial real estate, the two companies will explore cooperation opportunities in logistics, industrial parks, data centers, artificial intelligence and digital technology. They also plan to promote green buildings, renewable energy projects and green financing. These new areas remain under study or in the planning stage.

Mitsubishi Corporation has invested in Vietnam since 1991 and began cooperating with Vinhomes in 2019. It has a network of approximately 1,200 companies across 80 countries. According to financial results released in early November 2026, revenue for the six months ended September 30 was approximately VND 1.69 quadrillion, up 20.5% year on year; profit exceeded VND 100 trillion, up more than 74%. Total assets stood at approximately VND 3.93 quadrillion at the end of September.

In the first nine months of 2026, Vinhomes recorded net revenue of VND 202.586 trillion and after-tax profit of more than VND 75 trillion. Total assets stood at approximately VND 1.34 quadrillion at the end of September. The company is currently developing approximately 50 projects across Vietnam, including 32 urban developments that are operational and home to more than 650,000 residents.

Source: VietVance