Operation

With the mission of "Providing homes for every family," Sao Mai Group has invested in and completed a large number of urban areas (urban projects). By selecting strategic locations, adopting reasonable planning methods, using high-quality materials, and applying high standards in design and construction, the projects created by Sao Mai have left a significant mark on the urban landscape in the areas wherever Sao Mai has invested, affirming its class and uniqueness. IRecognized as a leading real estate investor and developer in the Mekong Delta, Sao Mai has actively contributed to urbanization, urban upgrading, economic development, and improving people's quality of life. Continuing its journey, Sao Mai will strive to extend its mission to every corner of Vietnam.

The Mekong Delta region is renowned as the world's major rice and fish hub, in which Pangasius is a precious gift bestowed by nature. Recognized as a key national product, the pangasius farming and processing industry plays a significant role in the socio-economic development of Vietnam. Although it uses limited resources, this industry generates substantial value, drives the growth of other sectors, creates jobs, and ensures social security. Therefore, Sao Mai Group has invested heavily in the pangasius industry with a long-term plan. Initially, the focus was on expanding to complete the production chain, including: breeding, farming, feed production, processing frozen fillets, and processing by-products. Subsequently, the emphasis shifted to researching and maximizing the added value of pangasius, applying deep-processing technologies, and diversifying products.

As part of its multi-industry development strategy, Sao Mai invested in tourism early on, starting with the Sao Mai Resort – Vung Tau, which has been operational since 2003. After prioritizing investments in real estate and aquaculture, the Group decided to make a breakthrough in the tourism sector. In 2014 and 2016, Sao Mai quickly became the parent company of Dong Thap Tourism Joint Stock Company and An Giang Tourism Joint Stock Company. These two state-owned enterprises, with their long-standing tourism brands and valuable assets, possess immense growth potential. After restructuring and capital injection from Sao Mai, these companies have undergone a transformation, emerging with a new look and a renewed vigor, ready to lead the tourism industry in their respective provinces. Additionally, Sao Mai Group is investing in various other tourism projects such as the Lam Kinh Resort in Thanh Hoa, a 5-star hotel in Ca Mau City, and a 5-star Hoa Hotel in Sa Dec, Dong Thap. In the near future, Sao Mai is poised to reap the rewards of its tourism investments, making it one of the Group's key pillars.

Harnessing clean energy (also known as renewable energy) from sources such as solar, wind, tidal, hydroelectric, and biomass to generate electricity is a global trend and a priority for the Vietnamese government. A significant turning point came in 2017 when the Prime Minister issued Decision No. 11 on the mechanism to encourage the development of solar power projects, ushering in a new era of clean energy in Vietnam. Seizing this opportunity, Sao Mai Group quickly joined the race and became a pioneer in this field. By the end of 2017, Sao Mai had put into operation a 1.07 MWp rooftop solar power plant, the largest in Vietnam at that time. Subsequently, in 2019 and 2020, Sao Mai commissioned solar power plants in Long An with a capacity of 50 MWp and in An Giang with a capacity of 210 MWp. With its long-term plan, Sao Mai will continue to invest in many other large-scale solar power projects.

Building upon its successes across various fields, Sao Mai Group has embarked on a new mission to contribute to local communities and society, which have played a crucial role in the Group's development. This mission is "Providing manpower and consulting for studying abroad," with the goal of "enhancing the knowledge and living standards of workers – promoting social responsibility." Specifically, the aim is to improve the lives of Vietnamese workers and expose them to advanced and modern industries to gradually create a high-quality, healthy, and innovative workforce.

With an annual investment growth rate consistently in double digits, new projects are continuously emerging, requiring Sao Mai to be self-reliant in construction consulting to meet the company's development needs promptly. To address this, in 2004, Sao Mai established a subsidiary dedicated to construction consulting, including feasibility study reports, project planning, design, construction supervision, surveying, and inspection. This subsidiary is now known as the Consulting and Financial Investment Joint Stock Company (ASTAR).