“T&T Group and Saigon Co.op: Revolutionizing Retail Experiences in Vietnam’s Urban Spaces.”

On August 9th, at the T&T City Millennia mega-urban project (in Can Giuoc, Tay Ninh province), T&T Group, and the Union of Ho Chi Minh City Trading Cooperatives (Saigon Co.op) signed a strategic cooperation agreement in the field of retail.

Mr. Do Vinh Quang, Vice Chairman of the Board of T&T Group, and Mr. Pham Trung Kien, Member of the Board of Directors and Head of the General Management Board of Saigon Co.op, signed the strategic cooperation agreement.

According to the agreement, T&T Group and Saigon Co.op will collaborate to implement suitable retail models at commercial spaces within the T&T Group’s ecosystem. Saigon Co.op Investment and Development Joint Stock Company (SCID) – a member of Saigon Co.op specializing in investing, developing, and operating modern commercial centers – will play the role of project management consultant, planning, and operating commercial centers to ensure efficient exploitation and provide an optimal shopping experience for residents.

According to Mr. Do Vinh Quang, Vice Chairman of the Board of T&T Group, this cooperation is expected to open up a new direction in effectively integrating commercial and retail utilities into modern urban spaces by leveraging the strengths, potential, and unique ecosystems of both parties. The development of retail models is not only a commercial activity but also part of T&T Group’s strategy to develop a comprehensive urban ecosystem, aiming to create a modern and fully-facilitated living space for the community.

“Today’s signing event marks an important step in the cooperation between T&T Group and Saigon Co.op. With T&T Group’s experience in urban development and diverse real estate ecosystem, along with Saigon Co.op’s capability in operating the country’s leading reputable retail system, we believe that our partnership will bring practical, efficient, and sustainable values, not only to the enterprises but also to consumers and residents in T&T Group’s projects,” emphasized Mr. Do Vinh Quang.

The collaboration between T&T Group and Saigon Co.op will create practical, efficient, and sustainable values for the community and society.

According to Mr. Pham Trung Kien, Member of the Board of Directors and Head of the General Management Board of Saigon Co.op, based on today’s cooperation, the two parties will coordinate to implement suitable retail models at projects and commercial spaces within the T&T Group’s ecosystem nationwide. This combination will create a modern living space with synchronized amenities, where residents can have their shopping, consumption, and entertainment needs fulfilled within their own urban area.

“T&T Group and Saigon Co.op may differ in their fields of activity, but we share a common spirit of community service, a sustainable development aspiration, and a pride in bringing Vietnamese values to the people of Vietnam,” affirmed Mr. Pham Trung Kien.

Today’s signing event marks an important step in the cooperation between T&T Group and Saigon Co.op.

Saigon Co.op is currently Vietnam’s leading retailer with the most diverse distribution models, featuring well-segmented brands such as Co.opmart (traditional mid-sized supermarkets), Co.opXtra (family hypermarkets), Co.opFood (grocery stores), Co.op Smile (variety stores), Finelife (premium supermarkets), and Cheers 24h (convenience stores), among others.

SCID, meanwhile, is Saigon Co.op’s extended arm in retail real estate investment. Since its establishment, SCID has continuously expanded its scale, contributing to shaping a new face for modern retail through prominent brands such as SC VivoCity – a large-scale commercial center in Ho Chi Minh City, and the Sense chain with diverse models in provinces and cities across the country.

T&T Group, on the other hand, is currently one of the leading real estate investors and developers in Vietnam. The group is developing numerous large-scale real estate projects nationwide, including the T&T City Millennia mega-urban project (in Can Giuoc, Tay Ninh province), T&T Victoria (Nghe An), Phuoc Tho Residential Area (Vinh Long), the new urban area in Ca Mau (Ca Mau), the project at 2 Pham Ngoc Thach (Hanoi), and the Trade, Service, and Entertainment Complex in Hai Phong, among others. Many other large-scale projects are also being promoted for implementation in Hanoi, Ho Chi Minh City, and other key provinces and cities across the country.

Saigon Co.op will develop a retail model at the T&T City Millennia mega-urban project in Can Giuoc, Tay Ninh province.

T&T Group’s real estate projects not only boast prime locations but are also meticulously planned with a long-term vision and a consistent development philosophy: “Global Excellence, Vietnamese Identity.” This philosophy is evident in how T&T Group emphasizes inheriting traditional cultural and local historical values, harmoniously combining them with world-class architectural and design aesthetics, and applying modern technology in management and operation, following global trends, to create quality, modern, and culturally rich living spaces.