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

Under the cooperation, T&T Group and Saigon Co.op will coordinate to deploy suitable retail models at commercial premises in the T&T Group ecosystem. In particular, Saigon Co.op Investment and Development Joint Stock Company (SCID) - a member unit of Saigon Co.op, specializing in investing, developing and operating modern shopping mall systems, will play the role of project management consultant, planning and operating shopping malls, contributing to ensuring operational efficiency and bringing optimal shopping experiences to residents.

According to Mr. Do Vinh Quang, Vice Chairman of the Board of Directors of T&T Group, based on promoting the strengths, potentials and ecosystems of each party, this cooperation is expected to open up a new direction in effectively integrating commercial and retail facilities into modern urban spaces, meeting the increasingly diverse needs of residents and consumers. The development of retail models is not only a simple commercial activity, but also part of T&T Group's comprehensive urban ecosystem development strategy, aiming to create a modern living space with full amenities for the community.

“Today’s signing event is an important first step in the cooperation process between T&T Group and Saigon Co.op. With T&T Group’s experience in investing in urban development and a diverse real estate ecosystem and Saigon Co.op’s ability to operate the country’s leading prestigious retail system, we believe that the partnership between the two sides will create practical, effective, and sustainable values, not only for businesses, but also for consumers and residents at T&T Group’s projects,” Mr. Do Vinh Quang emphasized.

According to Mr. Pham Trung Kien, Member of the Board of Directors in charge of the General Directorate of Saigon Co.op, based on today's cooperation, the two sides will coordinate to deploy suitable retail models in projects and commercial premises belonging to the T&T Group ecosystem nationwide. This combination will create a modern living space with synchronous utilities - where people can fully meet their shopping, consumption and entertainment needs right in their own urban area.

“Although T&T Group and Saigon Co.op are different in their fields of operation, they share the same spirit of serving the community, the desire for sustainable development and the pride of bringing Vietnamese values to the Vietnamese people,” Mr. Pham Trung Kien affirmed.

Saigon Co.op is currently the retailer with the most distribution models in Vietnam, with a variety of brands by segment such as Co.opmart (traditional medium-sized supermarket chain), Co.opXtra (family hypermarket), Co.opFood (grocery store), Co.op Smile (department store), Finelife (high-end supermarket), Cheers 24h (convenience store)...

SCID is an extension of Saigon Co.op in the retail real estate investment sector. Since its establishment, SCID has continuously expanded its scale, contributing to shaping a new look for the modern retail industry through prominent brands such as SC VivoCity - a large-scale commercial center in Ho Chi Minh City and the Sense chain with many diverse models in provinces and cities across the country.

Meanwhile, T&T Group is known as the leading real estate investor and developer in Vietnam today. Currently, T&T Group is implementing many large-scale real estate projects across the country such as T&T City Millennia (Can Giuoc commune, Tay Ninh province), T&T Victoria (Nghe An), Phuoc Tho Residential Area (Vinh Long), New Urban Area in Ca Mau (Ca Mau), Project No. 2 Pham Ngoc Thach (Hanoi), Trade-Service-Entertainment Center in Hai Phong... and many other large-scale projects are being promoted in Hanoi, Ho Chi Minh City and other key provinces and cities across the country.

T&T Group's real estate projects not only possess prime locations, but are also systematically planned with a long-term vision and a consistent development philosophy: "World quintessence, Vietnamese identity". This philosophy is clearly demonstrated in the way T&T Group focuses on inheriting traditional cultural and historical values of the locality, harmoniously combining them with the quintessence of architecture, design, and application of modern technology in management and operation according to world trends to create quality, modern and unique living spaces.

T&T Group aims to develop green, smart, modern and sustainable urban areas, with people as the center and nature as the foundation. In particular, the elements of green landscape, water surface, community facilities and technical infrastructure are prioritized for synchronous arrangement. This is the foundation for future residents to live in a clean, convenient environment and harmony between technology and nature.