Taseco Forms Strategic Partnership with Japan’s Sojitz Corporation, Following Collaborations with CapitaLand and Sunset

On October 16, 2025, Taseco Group and Sojitz Corporation (Japan) officially signed a Memorandum of Understanding for a Comprehensive Strategic Partnership. This agreement marks a significant milestone in Taseco’s international expansion strategy, strengthening collaboration in its core business areas.

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Taseco and Sojitz: A Strategic Partnership for Large-Scale Projects

Under the newly signed agreement, Taseco and Sojitz will collaborate closely in researching, investing, and implementing large-scale projects, leveraging the strengths of both parties. Taseco Land, a key member of the Taseco Group, will serve as the focal point in Vietnam, capitalizing on its extensive land resources and flexible execution capabilities. Meanwhile, Sojitz, a leading Japanese conglomerate, will contribute financial resources, international expertise, and a global business ecosystem.

Sojitz Corporation, headquartered in Tokyo, is renowned as one of Japan’s top general trading companies. It operates globally across various sectors, including manufacturing, import-export, services, and multi-industry investments, both domestically and internationally.

With a 38-year history in Vietnam, Sojitz has been a pioneer in foreign investment since 1986. Today, it operates 25 subsidiaries in the country, spanning diverse sectors such as trade, manufacturing, logistics, industrial park development, and retail.

A key focus of this partnership is industrial park development, a strategic growth driver for Taseco Land. Sojitz, with decades of experience in industrial infrastructure investment and operation across multiple countries, will support Taseco in expanding its value chain—from development to investor attraction, operations management, and international standardization.

Additionally, both parties aim to enhance non-aviation services at airports and urban hotel chains. Sojitz’s involvement is expected to elevate service quality and create world-class airport-commerce-hospitality complexes, maximizing the efficiency of the transportation and tourism ecosystem.

Another critical area of cooperation is aviation infrastructure development and related business activities. Leveraging its technological expertise and extensive international aviation network, Sojitz will partner with Taseco to modernize infrastructure and establish a domestic aviation value chain aligned with global standards.

Leadership representatives from Taseco Group and Sojitz Corporation at the signing ceremony.

This marks Taseco’s third strategic partnership with international entities in October. Earlier, on October 7, Taseco partnered with Dubai-based Sunset Group, a leading hotel and lifestyle management brand. On October 10, it signed an agreement with CapitaLand Development, a top Asian real estate developer.

These three comprehensive agreements in core sectors (residential, industrial, and hospitality real estate) within two weeks underscore Taseco’s commitment to building a globally competitive, sustainable real estate ecosystem. With world-class partners, Taseco is poised to solidify its position as a pioneer in global collaboration, driving long-term value in Vietnam’s market.

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