On the Oct 5th, 2024, at The Grand Ho Tram, Ba Ria – Vung Tau, Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) and Lodgis Hospitality Holdings marked an important milestone in their comprehensive cooperation by signing a memorandum of understanding between the two parties.

At the event, Mr. Tran Minh Binh, Vietinbank’s Chairman of the Board, members of the Board of Directors and Executive Board of VietinBank, senior leaders and Directors of VietinBank Branches; and Mr. Don Lam, Chairman of the Board of Directors of Lodgis Hospitality Holdings and Chief Executive Officer and Founding Partner of VinaCapital, Mr. Christopher Hur, Group Chief Executive Officer of Lodgis Hospitality Holdings and Chairman of the Board of Ho Tram Project Company Limited, and Directors of companies under Lodgis Hospitality Holdings were in attendance.

VietinBank, known for its robust financial strength and extensive experience, and Lodgis, a leading fully integrated hotel investment platform in Southeast Asia, aim to leverage their respective strengths. This cooperation seeks to expand their investment portfolios, optimize business operations, and ensure sustainable development.

The MOU signifies the culmination of a long-term strategic partnership, enhancing cooperation to a higher level, and optimizing business aspects based on legal compliance and each party’s capabilities.