VIREA, RISE, and AI4SD sign strategic cooperation agreement to promote PIVASIA development and sustainable industry in Vietnam.

Recently, at the office of the Vietnam Industrial Real Estate Association (VIREA), a tripartite Memorandum of Understanding (MoU) was signed between VIREA, the Research Institute for Sustainable Energy (RISE) – Ho Chi Minh City University of Technology, Vietnam National University, Ho Chi Minh City, and the Research Institute for Applied Artificial Intelligence in Sustainable Development (AI4SD) – Vietnam National University, Hanoi. This event marks a strategic step towards leveraging infrastructure resources, green energy solutions, and digital technology towards a sustainable industrial sector.

Attending the signing ceremony were Mr. Truong Gia Bao – Vice President and General Secretary of VIREA; Mr. Bui Trong Vinh – Director of the Research Institute for Sustainable Energy (RISE); and Mr. Bui Quang Hung – Director of the Research Institute for Artificial Intelligence Applications in Sustainable Development (AI4SD), along with the leadership of both sides.

Representatives from the three parties signed the Memorandum of Understanding on strategic cooperation.
Representatives from the three parties signed the Memorandum of Understanding on strategic cooperation.

Combining strengths: Infrastructure, energy, and artificial intelligence.

The purpose of this agreement is to maximize the strengths of each party in the industrial real estate sector, shaping Vietnam towards modernization, reduced emissions, sustainable energy, and artificial intelligence to promote the development of the industrial sector.

According to the signed memorandum of understanding, the three parties will focus on implementing five core areas of cooperation, including:

Firstly, research and development (R&D): The parties agree to cooperate in researching, transferring, and implementing advanced technological solutions, modern management practices, and energy optimization for industrial parks/clusters and factories within them.

Secondly, developing the PIVASIA ecosystem: Focusing on building and upgrading the Vietnam Industrial Information Platform PIVASIA (https://piv.asia). This platform acts as a comprehensive digital ecosystem, directly connecting foreign direct investment (FDI), infrastructure developers, solution providers, and factories and warehouses in Vietnam.

Thirdly, organizing the Vietnam-Japan Conference 2026: Following the success of the PIVASIA 2025 series of events, the alliance will co-organize the Vietnam-Japan Industrial Investment Connection Conference in 2026 to attract high-quality capital flows from the Japanese market.

Fourth, organize the Vietnam-Korea Conference 2026: Closely coordinate with the Korean Consulate General in Ho Chi Minh City to organize the Vietnam-Korea Industrial Investment Connection Conference, expanding opportunities for high-tech trade for businesses of both countries.

Fifthly, compiling the 2026 Industrial Real Estate Yearbook: The three parties will jointly invest resources in compiling and publishing the “Vietnam Industrial Real Estate Yearbook 2026”. The publication is expected to provide a comprehensive, accurate, and up-to-date data system for domestic and foreign investors.

Commitment to action and achieving goals.

To realize these goals, the parties have clearly assigned responsibilities. Accordingly, VIREA will act as the central hub connecting the network of industrial real estate businesses, providing market data, and leading investment promotion activities. RISE will be primarily responsible for in-depth consulting and transferring green and renewable energy solutions to industrial parks. Meanwhile, AI4SD will be responsible for applying artificial intelligence (AI) to build an intelligent data architecture for the PIVASIA platform, optimizing operational processes, and providing intelligent digitized reports.

Representatives of the leadership and delegates of VIREA, RISE, and AI4SD at the signing ceremony.
Representatives of the leadership and delegates of VIREA, RISE, and AI4SD at the signing ceremony.

Speaking at the ceremony, the alliance representative affirmed that the collaboration between a representative organization for industrial infrastructure (VIREA) and two leading academic and technological research institutions at opposite ends of the country (RISE and AI4SD) is an ideal model for solving the dual transformation problem – digitalization and greening. This is also a key factor in helping Vietnamese industrial parks enhance national competitiveness and successfully attract a wave of high-quality FDI investment linked to ESG commitments in the new era.

Source: vccinews.vn