The Keppel Group and Sovico Group, through their respective subsidiaries, have signed two Memoranda of Understanding (MOUs) to collaborate to explore the development and roll-out of energy and environmental solutions, as well as identify, develop, operate and manage smart and sustainable projects in Vietnam's key gateway cities, starting with Ho Chi Minh City (HCMC) and Hanoi. The MOUs were signed in the presence of H.E. Nguyn Xuân Phúc, President of the Socialist Republic of Vietnam, who is on a state visit to Singapore. This collaboration marks a milestone in the strategic partnership between two leading corporations - leveraging the strengths of Keppel, a powerhouse of solutions for sustainable urbanisation, as well as Sovico Group's proven track record and presence across a wide range of businesses including banking and finance, real estate, aviation and energy.