Saigontel Green Alliance collaborates to research emission reduction opportunities and artificial intelligence solutions in the transportation sector in Ho Chi Minh City

Truyền hình Thông tấnTruyền hình Thông tấn17/11/2023

This afternoon, November 15 local time, in San Francisco, during the program to attend the Asia-Pacific Economic Cooperation (APEC) 2023 Summit Week and combine bilateral activities in the United States, President Vo Van Thuong and the Vietnamese High-Level Delegation with US officials witnessed the signing ceremony of cooperation agreements between ministries, branches and localities of the two countries; including the Saigontel Green Alliance. This event marks cooperation and practical actions for the sustainable development of the regions.
President Vo Van Thuong and officials from Vietnam and the United States witnessed the signing ceremony of the Saigontel Green Alliance with partners.

The 30th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting Week took place over 6 days, with the theme "Creating a Resilient and Sustainable Future for All". The 30th APEC Summit took place in the context of commemorating the 30th anniversary of the first APEC Economic Leaders' Meeting in the United States (1993 - 2023) and marking the 25th anniversary of Vietnam's accession to APEC (1998).

APEC 30 focuses on three priorities: Connectivity - building a resilient and connected region, promoting inclusive economic prosperity; Innovation - fostering an innovative environment for a sustainable future; and Inclusion - strengthening an equal and inclusive future for all people. The Vietnamese delegation led by President Vo Van Thuong has a number of important activities such as attending the APEC leaders' dialogue and having bilateral meetings with leaders of APEC economies.

After upgrading the relationship between Vietnam and the United States to a Comprehensive Strategic Partnership for Peace, Cooperation and Sustainable Development, the two countries have carried out many activities to promote comprehensive cooperation between the two sides. At the Roundtable Discussion connecting US businesses and Vietnamese localities organized by the Ministry of Planning and Investment at the Marriott Union Square Hotel, San Francisco on November 15, 2023, witnessed by the President, Chairman of the Ho Chi Minh City People's Committee, representatives of the Ho Chi Minh City People's Committee and the Green Alliance signed a Memorandum of Understanding on coordination in research and analysis of opportunities for emission reduction in Ho Chi Minh City and a Memorandum of Understanding on cooperation in research, development, and integration of artificial intelligence (AI) solutions for the transportation sector.

President Vo Van Thuong and officials from Vietnam and the United States witnessed the signing ceremony of the Saigontel Green Alliance with partners.

The Memorandum of Understanding notes that the parties commit to supporting Ho Chi Minh City in researching technologies and roadmaps for developing low-emission renewable energy sources, net zero emissions, energy storage technology, carbon capture and utilization technology; Supporting relevant agencies and organizations in Ho Chi Minh City to promote low-emission reduction, net zero emissions in the field of construction materials production; Developing green urban areas, ecological urban areas, green buildings, sustainable urbanization; Developing agriculture towards ecological agriculture, organic agriculture, low emissions, net zero emissions; The Green Alliance also supports the city in developing strategies to contribute to reducing greenhouse gas emissions; identifying the causes of areas/sectors that generate large emissions.

Under the witness of the President, Saigontel Green Alliance and representatives of Hung Yen Provincial People's Committee signed a Memorandum of Understanding on cooperation.

Regarding cooperation in research, development, and integration of artificial intelligence (AI) solutions for the transport sector, after signing the Memorandum of Understanding, the parties expect to propose to the city solutions on smart city transport initiatives, deploying Artificial Intelligence (AI) and Internet of Things (IoT) technologies to improve traffic management, reduce congestion and reduce emissions from traffic, carbon-reducing transport solutions, optimizing transport infrastructure, and proposing monitoring and emission reduction strategies for the city./.

It is known that the Saigontel Green Infrastructure Development Alliance (referred to as the Green Alliance) includes Saigontel Company of Vietnam with partners Energy Capital Vietnam Company (USA), Allotrope Partners Company (USA) and Maius Company (Switzerland), which are companies with extensive experience in the field of analyzing and consulting on carbon reduction plans, developing clean energy and green infrastructure projects, and attracting green investment capital in the United States and Europe.  

Currently, the Alliance has consulted and accompanied many localities such as Dong Nai, Hai Phong, Long An, etc. on assessing the current situation and aiming to reduce emissions in localities; giving comments on key projects, proposing plans to orient towards net emission reduction; coordinating policy development, implementing emission reduction plans and improving competitiveness; attracting green finance from foreign investors and multinational corporations.

About Saigontel Green Infrastructure Development Alliance (referred to as Green Alliance)   including:

Saigon Telecommunication Technology Joint Stock Company - SAIGONTEL is a member of Saigon Invest Group - the leading investment group in Vietnam in developing industrial - urban - service complexes and attracting FDI investment in Vietnam.

SAIGONTEL is currently developing modern applications to support and improve the lives of workers in industrial parks, aiming to create a stable labor source for investors. SAIGONTEL's products, services and technologies are formed with the meaning of creating value for people, aiming for a sustainable quality of life.

Energy Capital Vietnam - ECV (headquartered at Pennzoil Place, 700 Milam, Suite 1300, Houston, Texas, USA) is a private investment and fund management company specializing in developing and arranging capital for infrastructure, energy, and commercial real estate projects in the United States, North America, and Asia. ECV is a strategic partner of many large banks, investment funds, and other family investment funds. With its capacity, experience, and reputation, it is capable of creating suitable investment models for each project in Vietnam.

Allotrope Partners - AP is headquartered at 1301 Clay Street, #71180 Oakland, California 94612, USA. AP is an international firm specializing in clean energy consulting, business development, and capital raising. The founder and CEO of Allotrope is also a board member of Verra, the world's largest carbon credit certifier. AP has the capabilities and connections to technical expertise, development resources, and capital markets to deliver solutions that align with the Net Zero commitments of multinational corporations. AP is a partner and expert in helping clients research clean energy market opportunities, analyze business cases, and develop implementation strategies. AP has the full capabilities to refine and conduct energy supply chain assessments, supplier and equipment selection, and policy and regulatory assessments in key markets. AP is also able to work with government agencies, international organizations, philanthropic partners and NGOs to support clean energy analysis and develop low carbon strategies.

Maius is a financial advisory and project finance company headquartered at 47 Churerstrasse, 8808 Pfäffikon/SZ, Switzerland with extensive experience supporting global clients in business development, global expansion in terms of structuring advice and financial investment. The solutions that Maius offers integrate insurance companies, leading financial groups and banks, thereby significantly reducing risks when implementing projects and reducing associated financial costs.

Intergrum Private Limited is a pioneer in digital transformation and artificial intelligence, equipping businesses of all sizes with the knowledge and tools (smart technology) needed to transform rapidly in this digital age. Intergrum's vision is to become the leading provider of transformational solutions, partnering with businesses worldwide with its flagship product, the transportation/convergence platform, a comprehensive suite of applications designed to revolutionize the transportation and mobility sectors.

Report: VNews/TTXVN


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