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Ricoh Hong Kong Announces Launch of Ricoh InnoAI Program and Establishes Ricoh InnoAI Center at Cyberport to Accelerate Commercialization of AI Startups
Strengthening Hong Kong’s Position as an International Innovation and Technology Hub
HONG KONG SAR – Media OutReach Newswire – 5 March 2025 – Ricoh Hong Kong Limited, a global leader in innovative imaging technology, IT services and digital solutions, has been transforming the way people work and communicate. As we enter the era of artificial intelligence (AI), Ricoh as an industry pioneer is proud to announce the launch of the Ricoh InnoAI Program. In collaboration with the Ricoh Software Research Center Beijing (SRCB), Ricoh will establish a dedicated International AI Research Center, the Ricoh InnoAI Center, at Cyberport, Hong Kong’s flagship digital technology and AI hub. The establishment has been created with the support of Dr. Dong Bin, who has been appointed as the Chief Scientist to provide technical support to local enterprises. The Ricoh InnoAI Center at Cyberport offers an extraordinary future-ready working environment and impactful meeting facilities designed to foster close collaboration for participating AI startups.
The Ricoh InnoAI Program will be initiated with funding of over HKD 50 million. It aims to provide participating companies with advanced AI technology resources, commercialization opportunities, business development support, and potential funding from the Ricoh Innovation Fund. This initiative will accelerate the commercialization and growth of AI startups, helping various industries in Hong Kong to expand internationally and solidify Hong Kong’s status as a global innovation and technology hub.
To mark this significant occasion, Ricoh Hong Kong held a launch ceremony for the Ricoh InnoAI Program at Cyberport today. The event was honorably attended by distinguished guests, including Ms. Cheong Man Lei, Lillian, JP, Under Secretary for Innovation, Technology and Industry; Mr. Charles Ng, the Associate Director-General of Invest Hong Kong (InvestHK); Mr. Komatsu Yojin, Director, Economic Division, Consulate-General of Japan in Hong Kong; Mr. Simon Chan Sai-ming, BBS, JP, Chairman of Hong Kong Cyberport Management Company Limited; Mr. Howard Cheng Hay-wing, Chief Operating Officer of Hong Kong Cyberport Management Company Limited; Ms. Georgina Chu, Chief Corporate Development Officer of Hong Kong Cyberport Management Company Limited; Mr. Kei Uesugi, Managing Director of Ricoh Asia Pacific; Mr. Aaron Yim, Chairman, Ricoh Hong Kong; Mr. Ricky Chong, Managing Director, Ricoh Hong Kong; Mr. Go Fujimoto, President, Ricoh Software Research Center Beijing; and Mr. Dong Bin, Vice President, Ricoh Software Research Center Beijing. During the event, guests shared their visions for future technological development, emphasizing the importance of collaboration and innovation, and collectively witnessed this new milestone for Hong Kong’s AI-oriented future.
Ms. Cheong Man Lei, Lillian, JP, Under Secretary for Innovation, Technology and Industry, stated in her speech that in the rolling tide of AI, Hong Kong has not been absent. On the contrary, Hong Kong has prepared itself early and is also actively aligning with the national “AI+” initiative, driving AI development through comprehensive policies. These include the upcoming HK$3 billion Frontier Technology Research Support Scheme to further strengthen HK’s upstream research capability, the Cyberport AI Supercomputing Centre that will provide high-performance computing power of 3 000 petaFLOPS to support impactful R&D projects on AI, a HK$3 billion AI Subsidy Scheme to support academia and industries in utilizing Cyberport’s computing power for AI innovation, and the recently announced HK$1 billion allocation in the Budget to establish the Hong Kong AI Research and Development Institute to spearhead AI development and industry applications across government services, law, finance, healthcare, education, etc, in HK, positioning AI as a pivotal emerging industry for Hong Kong. Hong Kong has gradually built a thriving AI ecosystem. She is confident that Hong Kong will emerge as one of the leading hub in AI technology. In the near future, AI will become a cornerstone industry for Hong Kong, also spurring new “AI+” pillar industries that contribute to our new real economy. Hong Kong will also serve as a nexus for international collaboration in the AI sector.
As outlined in the “14th Five-Year Plan,” Hong Kong is positioned as an international innovation and technology hub. Hong Kong also plays a crucial role in “bringing in and going global,” making it an ideal base for Ricoh Asia Pacific to gather talent from the Greater Bay Area and around the world.
Mr. Kei Uesugi, Managing Director of Ricoh Asia Pacific, said: “Hong Kong is a culturally diverse and vibrant city with a mature business environment and a wealth of talent. We believe that the launch of the Ricoh InnoAI Program, coupled with the technical support from the Ricoh Software Research Center Beijing (SRCB), will drive technological innovation and economic growth across various industries in Hong Kong. Ricoh Asia Pacific will actively collaborate with local tech startups, leveraging our expertise and resources to inspire more creativity and cooperation, promote the application of AI technology, and contribute to future development.”
Mr. Simon Chan Sai-ming, BBS, JP, Chairman of Hong Kong Cyberport Management Company Limited, said: “As Hong Kong’s AI hub and accelerator, Cyberport is centered around its AI Supercomputing Centre and AI Lab, forming a comprehensive AI ecosystem that brings together leading industry players from around the world and over 350 start-ups focused on AI and data science R&D. By leveraging their diverse capabilities in computing power development, large-scale model construction, and extensive industry applications, Cyberport drives AI innovation and empowers digital transformation and intelligent upgrades across various industries. Ricoh Hong Kong has launched the Ricoh InnoAI Program and established the Ricoh InnoAI Center at Cyberport, further enriching Cyberport’s thriving AI ecosystem, enhancing the technical R&D and business development advantages of outstanding Cyberport companies, and laying the groundwork for expanding into both local and international markets. Cyberport looks forward to collaborating with Ricoh Hong Kong to providing comprehensive support for the development of AI enterprises, accelerating R&D and applications across different segments of the industry ecosystem chain, promoting AI industrialisation and supporting Hong Kong’s development as an international hub for AI and innovation technologies.”
Ricoh Asia Pacific Establishes International AI Research Center at Cyberport to Provide Resources for Local Enterprises
As a global leader in technology, Ricoh Asia Pacific has always focused on providing intelligent digital solutions to maximize corporate profitability and enhance operational efficiency. Mr. Ricky Chong, Managing Director of Ricoh Hong Kong Limited, stated: ” Ricoh Hong Kong aims to leverage its extensive customer resources accumulated over the years in Hong Kong through the “Ricoh InnoAI” initiative, bringing the value of AI applications to various local businesses and achieving the goal of “AI to Business (AI2B).” Ricoh Hong Kong has signed a cooperation agreement with Hong Kong Cyberport to establish the “Ricoh InnoAI” center at Cyberport in the second quarter of 2025, serving as the AI research and development hub for the Asia-Pacific region. Together with Hong Kong Cyberport, Ricoh Software Research Center Beijing (SRCB), and AI partners under the Ricoh InnoAI initiative, we will jointly build Ricoh’s unique AI2B ecosystem. Currently, Ricoh Hong Kong has collaborated with over 10 technology companies to develop a range of industry-specific AI intelligent agents, including AI knowledge assistants, sales and marketing assistants, and customer service assistants. We look forward to deepening our collaboration with Hong Kong’s innovation and technology sector through this initiative, propelling Hong Kong’s AI innovation capabilities into Ricoh’s Asia-Pacific region and nearly 200 markets worldwide, and working hand in hand with local innovation forces to ‘set sail for global expansion.'”
Ricoh offers a diverse product portfolio, including the Ricoh InnoAI Hub integrated with its self-developed enterprise large-language-model (LLM) (which can be connected to other large-language-models such as DeepSeek as per customers ‘ needs), intelligent multifunctional printer solutions with innovative imaging technology, IT services, and advanced digital solutions. These will help local enterprises make significant progress in the application of AI technology.
For the newly launched Ricoh InnoAI Program, Ricoh will invest substantial resources to provide comprehensive technical support and resources to participating companies, assisting them in developing innovative technologies. This includes:
- Initial Funding: A budget of HKD 50 million for the first year, primarily used for setting up offices at Cyberport, staffing, and infrastructure. The initial phase will involve hiring 20 developers to support the project.
- Technical Support: Leveraging the latest AI technologies developed by the Ricoh Software Research Center Beijing, providing advanced AI tools and technical support, including self-developed large language models (LLMs), to help participating companies develop safer and more cost-effective AI innovations.
- Sales Team and Marketing Resources: Providing sales and marketing resources to assist partners in market promotion, brand building, and business expansion, while sharing industry best practices. Ricoh’s sales team of over 100 members will actively promote products and services to approximately 30,000 corporate clients.
- Space and GPU Support: Establishing a dedicated Ricoh InnoAI Center at Cyberport, offering innovative working environments and meeting facilities for participating companies. Additionally, GPU resources will be procured from Cyberport to support computational needs for innovation and technical development.
- Business Development Support: Ricoh Hong Kong will provide resource assistance to each partner participating in the Ricoh InnoAI Program. In addition to office space and infrastructure at the Ricoh InnoAI Center in Cyberport, Ricoh will offer mentorship, strategic partnerships, professional guidance, and marketing and sales resources to facilitate business growth.
The Ricoh InnoAI Program is Divided into Four Stages, Selecting Approximately 50 Outstanding Partners Annually
Through a series of resource investments, Ricoh Hong Kong aims to provide free AI development resources to enterprises by leveraging its cutting-edge enterprise AI-powered Agents, the Ricoh InnoAI Hub, and its self-developed enterprise large language models. Ricoh will also act as a “super-connector,” utilizing its global network and market expertise to accelerate market expansion and commercialization for participating companies.
Ricoh Hong Kong expects to recruit participating companies annually, inviting Cyberport to recommend outstanding enterprises and selecting approximately 50 outstanding partner teams to ensure industry diversity. The program includes professional guidance, sales, and market expansion resources to help companies develop clear market strategies. Through Ricoh’s sales and market expansion teams, companies will be assisted in promoting their products and solutions through diverse channels, providing profit opportunities and platforms for business expansion. Ultimately, the goal is to promote products or services to the Asia-Pacific market and beyond.
Cyberport Builds AI Ecosystem to Help Hong Kong Become an International AI and Innovation Hub
As Hong Kong’s flagship digital technology hub and AI accelerator, Cyberport is committed to building a comprehensive ecosystem that encompasses computing power building, general and specialized large language model construction, model risk assessment, industry application support, study of governance and ethics. This includes establishing benchmarks for the quality and safety of AI models and researching governance and risk management reference guidelines for AI applications.
Currently, Cyberport is home to over 350 startups focused on AI and big data research and development. It has also attracted several leading AI enterprises and facilitated collaborations with top tech companies, leveraging their capabilities in computing power development, large model construction, algorithms, and data science to promote AI innovation and application. By gathering talent and innovative resources from both local and international sources, Cyberport supports innovative R&D and applications across different segments of the AI ecosystem chain, driving industrial development and helping Hong Kong grow into an international innovation and AI hub.
In addition, Cyberport launched the largest AI supercomputing center (AISC) in Hong Kong last year. With the HKSAR government’s funding of HKD 3 billion, Cyberport is implementing the Artificial Intelligence Subsidy Scheme (AISS) to support local universities, R&D institutions, strategic enterprises and government departments in utilizing the computing power of the Cyberport AISC to achieve more scientific breakthroughs and strengthen the development of the local AI ecosystem. Cyberport AI Lab marshals R&D capabilities of AI ecosystem partner companies, providing an interactive space for showcasing AI solutions and launching service products. It offers a platform for AI ecosystem partners and enterprises to experience various supercomputing AI tools, hardware and language models, collaboratively exploring product innovation and technology integration for application in varied industries and scenarios.
Expanding Innovation Funding to Scale Startups and Accelerate AI Technology Industry Development
Ricoh Group currently offers the Ricoh Innovation Fund, which is aimed at scaling startups and providing funding support for technological innovation. As a corporate venture capital (CVC) fund, the Ricoh Innovation Fund focuses on supporting promising startups, particularly in the field of AI technology. The Ricoh InnoAI Program will further accelerate enterprise development and operations, creating a more robust business environment in Hong Kong and fostering continued growth, particularly in the field of AI technology.
Ricoh Asia Pacific will provide sales and marketing support to these enterprises, offering market insights and industry best practices to help them effectively promote their products and services. Ricoh aims to help local enterprises streamline data and improve performance in the most efficient way, leveraging Cyberport’s computational power to encourage local enterprises to flourish. This will not only enhance the business performance of startups but also create new business opportunities for Ricoh Asia Pacific, increasing the diversity of Ricoh’s product technology.
By providing opportunities for local innovation and technology enterprises and strengthening the application of AI technology among local companies, Ricoh hopes to promote overall digital transformation and business growth, enhancing market competitiveness. This will enable enterprises to generate profits in the Asia-Pacific market, including Japan, Taiwan, Singapore, and Malaysia, and to further expand Hong Kong’s innovation ecosystem, thereby providing a platform for collaboration and exchange.
Hashtag: #Cyberport #Ricoh
The issuer is solely responsible for the content of this announcement.
About Ricoh (Hong Kong) Limited
Established in 1963, Ricoh (Hong Kong) Limited focuses on digital services and office solutions. Entering the era of digital transformation, Ricoh’s Four Areas of Expertise includes Hybrid Workplace, Workflow & Automation, Cloud & IT Infrastructure, and Cybersecurity. Ricoh has been actively advocating corporate evolution in recent years, accompanied by digital services and four customer values: Simplifying Complexity, Uncovering Hidden Opportunities, Overcoming Obstacles, and Embracing Diversity, bringing people and technology together, so companies can focus on forward.
For more information, please visit 
www.ricoh.com.hk
About Cyberport
Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship with over 2,100 members including over 900 onsite and over 1,200 offsite start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong Special Administrative Region Government, and committed to the vision to inject new impetus into digital economy and smart city development through innovation and technology, and to connect enterprises to Mainland China and overseas markets. Cyberport strives to nurture a vibrant tech ecosystem by cultivating talents, promoting entrepreneurship among the youth, supporting start-ups, fostering technology industry development by promoting strategic collaboration with local, Mainland Chinese and international partners, and integrating new and traditional economies by accelerating digital transformation in public and private sectors.
For more information, please visit www.cyberport.hk
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No Judgement, No Awkwardness: More Hongkongers Are Opening Up to AI for Mental Health Support
A newly completed Hong Kong study suggests there may finally be a way to bridge that gap. The AIM Greater China Psychology Research Group has completed a Hong Kong-based study conducted in the 2025–2026 academic year, comparing the effectiveness of human hypnotherapists against AI in delivering hypnotic experience-based stress relief experiences. The findings were striking: a significant proportion of participants felt that both approaches yielded virtually equivalent levels of relaxation — and more than 60% reported preferring their AI session after the fact.
Over 400 Applicants: A Reflection of a Generation in Need of Being Heard
The research team recruited participants experiencing family-related stress via Facebook. Within a short period of the post going live, over 400 individuals voluntarily applied — a figure that speaks not only to the pervasiveness of stress in modern life, but also to a growing willingness among the public to prioritise their own emotional wellbeing and actively seek self-care solutions.
From the applicant pool, 48 participants were randomly selected to take part. Each participant underwent two separate hypnotic experience stress relief audio sessions, each lasting approximately one hour — one recorded by a human hypnotherapist, and one fully generated by AI, including both the script and voice. Participants then compared their personal experiences of both sessions.
What Humans Can Do, AI Can Do Too
In the most critical area of comparison — stress relief effectiveness — the largest single group of participants (41.7%) rated the AI and human sessions as equally effective. On a scoring basis, the AI hypnotic experience averaged approximately 2.92 points, compared to 2.58 points for the human session — with AI coming out marginally ahead.
The study further found that nearly 90% of participants indicated they would enjoy a session if it genuinely helped them feel relaxed. In other words, what people truly care about is whether it works — not whether the voice behind it belongs to a human or a machine. On this front, AI has passed the test.
Over 60% More Willing to Share Their Feelings with AI
The results around personal preference were perhaps the most eye-opening. When asked which session they enjoyed more, 62.5% of participants chose the AI experience — and among women, that number climbed even higher, to 68.4%.
So what made AI the preferred choice? Researchers believe it comes down to one simple thing: feeling safe. With AI, there is no worry about being judged. No fear of saying the wrong thing. No awkwardness. About 1 in 4 participants said they actually found it easier to talk openly with AI — because it communicates in a way that feels clear, calm, and natural, much like everyday conversation.
The truth is, some things are just easier to say when no one is watching. That is not a flaw in human nature — it is simply how many of us work.
When it came to privacy, the findings were equally reassuring. More than half of all participants said they had no concerns about AI handling their personal information. Only a very small number — just 2.08% — said they felt uncomfortable. This points to a growing sense of trust in AI tools among the general public.
AI Reads the Data; Therapists Read the Person
Beyond the hypnotic experience itself, the local research team also evaluated AI’s capability as an analytical tool — with equally impressive results.
AI was able to rapidly process large volumes of participant responses, objectively assess individual stress levels, and identify underlying patterns. For instance, AI identified that 35% of participants independently expressed a desire for “personal space” or “better soundproofing” in their homes. On the surface, these may seem like trivial lifestyle concerns — yet AI connected this pattern to the reality of Hong Kong residents living in constrained spaces, highlighting a deeper psychological sense of having “nowhere to breathe”. This level of insight would be difficult to uncover through manual review of dozens of questionnaires alone.
AI also observed that many participants habitually occupied the role of “problem-solver” or “mediator” within their households, suppressing their own emotional needs in the process. Researchers noted that this reflects a widely recognised social phenomenon — the pressures faced by eldest daughters and the so-called “sandwich generation,” caught between the responsibilities of caring for ageing parents and raising children. AI’s ability to rapidly identify these hidden emotional burdens allows therapists to bypass lengthy preliminary assessments and focus more swiftly on the core issues that require their attention.
AI Is Here to Help, Not to Take Over
The local research team emphasises that the study was never intended to position AI as a replacement for human therapists. Rather, the aim is to explore how the two can work in tandem. Much like how blood test reports assist physicians in diagnosis, AI can play an analogous supporting role in the mental health field — organising data, identifying patterns, and lowering barriers to seeking help, so that mental health professionals can direct their energy towards the moments that truly require a human touch.
Those who proactively seek psychological support remain a minority, often deterred by the fear of inconvenience, social stigma, or the awkwardness of speaking up. If AI can serve as the bridge that encourages more people to take that first step, that alone may be its most meaningful contribution to society.
Hashtag: #HypnosisInstitute
The issuer is solely responsible for the content of this announcement.
About Hypnosis Institute
Hypnosis Institute is dedicated to helping people in Hong Kong lead healthier and more fulfilling lives through hypnotic experience. We offer accessible and practical hypnotic experience training programmes designed to integrate hypnotic techniques into everyday life, with a focus on stress management, emotional wellbeing, and personal growth.
Hypnosis Institute is Hong Kong’s only hypnotic experience professional development platform that simultaneously operates a research group, social innovation group, practical training group, crisis psychological support group, charitable initiatives, networking events, therapeutic services, and a comprehensive training pathway.
As the sole Hong Kong chapter of the Association for Integrative Medicine (AIM) in the United States, the sole overseas Hong Kong academy of UK educational institution Study House (Quality Licence Scheme), and the sole specialist hypnotic experience training school in Hong Kong under Cambridge International College in the United Kingdom, Hypnosis Institute provides internationally recognised qualifications that contribute to the advancement of the industry.
Founder Charles Leung is a trainer of trainers in the field of hypnotic experience, and has been specially appointed by the Association for Integrative Medicine as the Chief Instructor for Specialist hypnotic experience in Greater China. He has trained over 1,000 hypnotherapists and instructors, upholding the highest standards of professional development in the mental health field.
The Institute’s programmes integrate a comprehensive range of methodologies, including hypnotic experience combined with MBTI personality profiling, DISC behavioural analysis, mental health coaching, emotional education, and the HiddenMe Cards inner child tool — providing a holistic and personalised approach to hypnotic experience practice. Instructors specialise in paediatric hypnotic experience, Internal Family Systems (including inner child) hypnotic experience, stress and insomnia relief hypnotic experience, interpersonal relationship hypnotic experience, as well as hypnotic experience in reminiscence and palliative care.
Driven by the belief that everyone can harness the power of hypnotic experience to enhance their mental wellbeing, Hypnosis Institute is committed to sharing psychological knowledge and providing professional support in the areas of emotional management, life challenges, and the professional development of the hypnotic experience industry.
Follow us at hypnosisinstitute.com.hk, 
Facebook, 
Instagram and 
YouTube for the latest updates.
Held at deMori @ FCC Signature, the event featured a live platform demonstration, partner showcase, and networking sessions aimed at facilitating engagement between founders, advisors, and investors.
Introducing CapitalOS
CapitalOS, BizPal’s corporate finance platform, was presented through a live demonstration during the event. The system integrates operational, brand, and financial data into a structured framework designed to support investor readiness and due diligence.
According to BizPal, the platform is intended to help SMEs organise their business information into formats aligned with investor expectations, enabling clearer communication during fundraising discussions.
“SMEs should never walk into a funding conversation unsure of their numbers,” said Ms. Anya Tan, CEO of BizPal Malaysia.
MOUs Expand Distribution Network
The event also included the signing of Memoranda of Understanding between BizPal and two Malaysian partners, My Education Platform and VA Partners. Both organisations will serve as authorised distributors of BizPal’s education and advisory programmes across Malaysia.
The partnerships expand BizPal’s reach within the SME ecosystem by working with local organisations that support business development and capability building.
“Partnering with BizPal allows us to introduce structured, investor-ready methodologies to the SME community we serve,” said Mr. Jeff Lee, Director, My Education Platform.
A representative from VA Partners is expected to provide a statement following final endorsement.
Global Mentorship Exchange (GMX)
During the event, BizPal also presented the Global Mentorship Exchange (GMX), an ecosystem initiative designed to connect experienced business leaders with high-potential entrepreneurs.
The initiative provides a structured environment for mentorship supported by data-based evaluation and standardised assessment criteria aligned with investor expectations. GMX was first introduced during BizPal’s Data Fundraising Masterclass in December 2025 and was presented to a broader network of partners and investors at BizPal Day.
Next Steps
Following the event, BizPal plans to expand the adoption of CapitalOS and continue developing its partner network across Malaysia and the ASEAN region.
Hashtag: #NoDataNoTalk #DataFundraising #InvestorReady #CapitalReadiness #FinTech #BusinessValuation #ASEANSMEs #BizPalDay
https://www.bizpal.tech/
https://www.facebook.com/simplyfi.sg
The issuer is solely responsible for the content of this announcement.
About BizPal
BizPal provides data-driven corporate finance solutions designed to help ASEAN SMEs become investor-ready. Its platform, CapitalOS, integrates operational, strategic, and financial data into a unified system that supports business evaluation and investor engagement.
Media OutReach
Vinhomes Green Paradise Can Gio And IHG Hotels & Resorts Partner To Bring Four International Hotel Brands To The Coastal Mega Urban Development
Under the agreement, IHG will develop four hotels with a total of more than 1,000 rooms at Vinhomes Green Paradise Can Gio, including InterContinental Saigon Can Gio with 400 rooms, Crowne Plaza Saigon Can Gio with 400 rooms, Holiday Inn Express Saigon Can Gio with 130 rooms, and Garner Saigon Can Gio with 130 rooms.
InterContinental Saigon Can Gio, a world-renowned luxury brand, will deliver premium hospitality experiences tailored to international travelers and domestic guests seeking high-end accommodation. Crowne Plaza Saigon Can Gio, one of the largest upscale hotel brands globally, will cater to frequent travelers with modern, flexible spaces designed to optimize productivity and foster connections.
Holiday Inn Express Saigon Can Gio and Garner Saigon Can Gio will expand the destination’s accommodation offering with efficient, high-quality stays focused on value, making the development more accessible to a broader range of guests. This also marks the official debut of both brands in the Vietnamese market.
According to the development timeline, Holiday Inn Express Saigon Can Gio and Garner Saigon Can Gio are expected to open in 2028, followed by InterContinental Saigon Can Gio and Crowne Plaza Saigon Can Gio in 2030.
In this partnership, Vinpearl, a member of Vingroup, will act as the project operator and lead the collaboration with IHG Hotels & Resorts, while coordinating with all stakeholders throughout the development and operational phases.
Together with Vinpearl’s world-class hospitality brand, the addition of four premium IHG hotels will help realize a 7,000-room accommodation ecosystem at Vinhomes Green Paradise Can Gio, meeting the growing demand for extended stays and diverse experiences year-round in Can Gio and Ho Chi Minh City.
Complementing the hospitality offering, a series of large-scale entertainment and resort facilities unique to Vinhomes Green Paradise Can Gio will further elevate the destination. These include the 122-hectare VinWonders theme park featuring the world’s tallest artificial snow mountain and nearly 200 attractions, the 5,000-seat Blue Waves Theater, the 800-hectare Paradise Lagoon, the five-star international cruise port Landmark Harbour, and two 18-hole international-standard golf courses. Together, these developments aim to position Can Gio as a globally-recognized tourism and resort hub, targeting 40 million visitors annually and standing alongside leading destinations in Vietnam and worldwide.
Mr. Rajit Sukumaran, Senior Vice President and Managing Director, East Asia & Pacific, IHG Hotels & Resorts, said: “This agreement marks the beginning of a strategic partnership between IHG and Vingroup. Bringing four of our standout brands to Vinhomes Green Paradise Can Gio reflects the diversity of our portfolio, as well as our strong commitment to supporting Vietnam’s goal of becoming a leading global tourism destination. With brands spanning multiple segments, we believe this collaboration will help create an integrated hospitality ecosystem that meets the diverse needs of travelers at one of Vietnam’s most significant developments.”
Ms. Ngo Thi Huong, Chief Executive Officer of Vinpearl Joint Stock Company, said: “We selected IHG not only for its global brand portfolio but also for its proven operational expertise across international markets. Introducing InterContinental, Crowne Plaza, Holiday Inn Express, and Garner to Vinhomes Green Paradise Can Gio is a key step in completing our service structure and establishing international operating standards for the mega project’s hotel system. With this partnership as a foundation, we believe Vinhomes Green Paradise will progressively emerge as a world-class destination, where a fully integrated ecosystem continues to enhance its appeal to residents and both domestic and international visitors.”
Vinhomes Green Paradise is located in the southeastern part of Ho Chi Minh City. Construction began on April 19, 2025, with a total area of 2,870 hectares. The development features three sides facing the sea and is adjacent to the Can Gio Mangrove Biosphere Reserve, a UNESCO-recognized site. The project is being developed to leading ESG++ standards, integrating green, smart, ecological, and regenerative principles.
The development benefits from a well-connected transport infrastructure network, including the Ben Thanh – Can Gio high-speed railway, which will reduce travel time from central Ho Chi Minh City to just 13 minutes, the Can Gio Bridge, the interchange connecting Rung Sac Road with the Ben Luc – Long Thanh Expressway, and the Can Gio – Vung Tau sea-crossing route, enabling travel between two major tourism hubs in just 10 minutes.
With a diverse range of accommodation options, internationally-standardized hotel systems, and a wide array of cultural, artistic, sports, and entertainment facilities aligned with green, smart, and community-friendly principles, Vinhomes Green Paradise Can Gio stands out as a rare mega urban development that both sets new benchmarks for ESG living and delivers a world-class tourism and resort experience.
Hashtag: #Vinhomes
The issuer is solely responsible for the content of this announcement.
About IHG Hotels & Resorts:
IHG Hotels & Resorts is a global hospitality company with a portfolio of 21 brands and IHG One Rewards, one of the world’s largest hotel loyalty programs with over 160 million members. IHG currently franchises, leases, manages, or owns more than 6,900 hotels across over 100 countries, with more than 2,300 hotels in its development pipeline.
IHG’s brand portfolio spans Luxury & Lifestyle, Premium, Essentials, and Suites segments, including well-known brands such as Six Senses, Regent, InterContinental, Crowne Plaza, Holiday Inn Express, Garner, Staybridge Suites, and Candlewood Suites.
About Vinhomes
Vinhomes is Vietnam’s leading real estate developer, pioneering the development of large-scale, well-planned urban areas with integrated amenities, green living environments, and modern lifestyles. In addition to 36 urban developments currently in operation nationwide, Vinhomes continues to focus on building next-generation mega and super urban developments of regional scale and significance, aspiring to create some of the most livable cities in the world while significantly transforming Vietnam’s urban landscape.
For more information, please visit https://vinhomes.vn/vi
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