Member Companies News | 13-03-2022

Hung Thinh Innovation, a member of Hung Thinh Corporation and the Institute for Circular Economy Development (ICED), under the Vietnam National University - Ho Chi Minh City, signed a cooperation agreement on researching the application of the circular economy model in MerryLand Quy Nhon "peninsula city".

At the cooperation signing ceremony on March 12, 2022, Hung Thinh Innovation and ICED agreed to conduct activities of researching, evaluating and proposing application solution of piloting the circular economy model in Vietnam. MerryLand Quy Nhon, through scientific research projects with high applicability in the fields of renewable energy, water source regeneration, conservation of natural ecosystem, waste treatment... The aim is to ensure that factors for developing sustainably, enhancing values and benefits for customers, social community, and at the same time preserving the natural environment.


 MerryLand Quy Nhơn
Mr. Le Nguyen Hoang Minh - General Director of Hung Thinh Innovation (left) represented to sign cooperation agreement with Assoc.Prof.Dr. Nguyen Hong Quan - Director of the Institute for Circular Economy Development (ICED).
Photo: Hung Thinh Corporation.

In addition, Hung Thinh Innovation and ICED will cooperate to organize activities to connect science - technology, domestic and international experts for increasing awareness and offering suggestions on solutions to promote sustainable development locally, contributing to the implementation of Agenda 2030 of Vietnam's 17 sustainable development goals.

Speaking at the event, Mr. Vo Van Khang - Deputy General Director of Hung Thinh Corporation, Chairman of the Board of Directors of Hung Thinh Innovation, said: "Creativity, innovation and always going hand in hand with the global trend are the factors that create rapid and sustainable growth momentum of Hung Thinh Corporation. We always focus on applying advanced models and initiatives to improve operational efficiency and bring qualified and worthy real estate products. With a scale of 695 hectares and a multi-complex model-based design planning, MerryLand Quy Nhon will be a world-class smart commercial tourist peninsula city. In particular, the factors of smart operation and sustainable development are important pillars, contributing to the creation of a world-class project, bringing prosperity and development in parallel with the community of Hung Thinh Corporation".

 MerryLand Quy Nhơn
Mr. Vo Van Khang - Deputy General Director of Hung Thinh Corporation, Chairman of the Board of Directors of Hung Thinh Innovation expected that practical solutions of the circular economy model would contribute to helping MerryLand Quy Nhon realize its mission of sustainable development.
Photo: Hung Thinh Corporation.


Assoc.Prof.Dr. Nguyen Hong Quan - Director of ICED shared: "Through practical and long-term solutions, we wish to work together with Hung Thinh to bring environmental and social values through the circular economy model, especially the objectives related to environmental protection, conservation and development of natural ecosystem, which contributes to increasing the value of MerryLand Quy Nhon, putting the MerryLand Quy Nhon brand on the world map as a model, an example of a sustainable and livable city while promoting space for innovation, cultural preservation, socio-economic development of the locality".


MerryLand Quy Nhơn
Assoc.Prof.Dr. Nguyen Hong Quan - Director of the Institute for Circular Economy Development (ICED) committed to make efforts to jointly develop long-term solutions towards the sustainable development of MerryLand Quy Nhon and contribute to the local socioeconomy. Photo: Hung Thinh Corporation.

The cooperation signing event is an important milestone in the journey of developing MerryLand Quy Nhon to become a world-class smart commercial tourist peninsula city and at the same time demonstrates Hung Thinh Corporation's commitment to sustainable development.

With a scale of 695 hectares - total investment capital of phase I up to VND 57,000 billion, MerryLand Quy Nhon is built into 15 subdivisions: 5-star coastal hotel - resort, hill villa with landscape lake facilities, The water music square has the largest and longest total area in Vietnam, the longest canal system in Vietnam, an 18-hole golf course, a marina... The project gathers a series of internationally renowned partners, especially in field of planning design, operation management, architecture... in order to optimize smart operation capacity and sustainable development.

In the coming time, Hung Thinh Corporation and members of the Corporation's ecosystem will continue to promote cooperation with institutes, universities, science and technology experts... This is considered one of the important pillars in the vision, orientation and aspiration of Hung Thinh Corporation to bring the best value to customers and the community.

 MerryLand Quy Nhơn
MerryLand Quy Nhon is built into 15 subdivisions: 5-star luxury hotels along the coast, hill and landscape lake facilities…


Previously, in March 2021, Hung Thinh Corporation signed a strategic cooperation agreement with Vietnam National University, Ho Chi Minh City in the field of scientific and technological research. For the past year, two Parties have conducted research on projects in new technology fields such as artificial intelligence, Big Data and projects in the medical field, contributing to the fight against the Covid-19 pandemic.

About Hung Thinh Corporation and Hung Thinh Innovation:

Hung Thinh Corporation is one of the leading private economic corporations with its core field of real estate. With an outstanding vision, global thinking and business philosophy around real-value real estate and an optimal and sustainable ecosystem, Hung Thinh Corporation is creating new and smart values, bringing benefits for customers and the community - society, affirming the position of the leading enterprise with sustainable development in Vietnam.

2022 marks the 20th year of Hung Thinh Corporation's development journey with the important milestone that is the event of launching "world-class smart commercial tourist peninsula city" MerryLand Quy Nhon. It is expected to be a new destination, contributing to raising Quy Nhon's position on the tourist map of Asia and the world.

As one of the important members in the ecosystem of Hung Thinh Corporation, Hung Thinh Innovation leads innovative initiatives, is responsible for industrial transfer issues, with the objective of increasing productivity and performance of the entire organization, as well as strengthen the Corporation's competitiveness when Vietnam is integrating deeply and widely with the world economy.

About the Institute for Circular Economy Development:

ICED was born with the mission of scientific research, innovation in science and technology, and policy solutions in the development of circular economy in Vietnam on the basis of the Enterprise - Government - University ecosystem. The Institute aims to contribute and connect the circular economy between the world and Vietnam. In the medium and long term, ICED has a vision to become the leading center of Vietnam and the region for the Circular Economy.





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