Vinhomes and Mitsubishi Corporation Sign Urban Infrastructure Cooperation MoU

Vinhomes Joint Stock Company and Japan’s Mitsubishi Corporation signed a memorandum of understanding on comprehensive strategic cooperation covering housing, infrastructure and sustainable development. The two companies plan to develop urban projects in Vietnam with well-developed infrastructure and amenities.

The signing took place during the Vietnam–Japan Public–Private Forum on Economic and Science and Technology Cooperation, organized by the Vietnamese government and the Japan External Trade Organization during Tô Lâm’s visit to Japan. Vinhomes and Mitsubishi Corporation have worked together since 2019; the MoU extends their cooperation beyond real estate into other areas.

Vinhomes General Director Nguyễn Thu Hằng and Mitsubishi Corporation Executive Vice President Tetsu Funayama exchange the cooperation MoU at the Vietnam–Japan Public–Private Forum on Economic and Science and Technology Cooperation.（VietVance）

In housing, the two companies plan to continue developing urban projects together and expand into commercial real estate and mixed-use projects. In infrastructure, they will explore cooperation opportunities in logistics, industrial parks, data centers, artificial intelligence platforms and digital technology. These initiatives remain at the planning or exploratory stage.

On sustainability, the two companies agreed to promote green buildings, renewable energy and access to green financing. Speaking at the signing ceremony, Vinhomes General Director Nguyễn Thu Hằng said they hope to develop urban projects that meet international environmental, social and governance standards. The cooperation also aligns with Vietnam’s goal of achieving net zero emissions by 2050.

Source: VietVance