Saigontel
Vietnamese telecommunications and industrial infrastructure developer listed on the Ho Chi Minh Stock Exchange, chaired by industrialist Dang Thanh Tam, that has expanded from telecom infrastructure into industrial parks, rooftop solar and AI data centres.
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- Established
- 2002
- Location
- Quang Trung Software Park, District 12, Ho Chi Minh City, Vietnam
- Country
- Vietnam
- Full name
- Saigon Telecommunication & Technologies Corporation
- Ticker
- SGT, Ho Chi Minh Stock Exchange (HOSE), listed January 18, 2008
- Chairman
- Dang Thanh Tam
- Parent group
- Saigon Investment Group (SGI)
- Business
- Telecommunications and IT infrastructure, industrial park development, energy infrastructure (including LNG and rooftop solar), and data centre development
Overview
Saigon Telecommunication & Technologies Corporation, known as Saigontel, is a Vietnamese infrastructure developer established in 2002 and headquartered at Quang Trung Software Park in District 12, Ho Chi Minh City; it began trading on the Ho Chi Minh Stock Exchange under ticker SGT on January 18, 2008 (Vietstock). The company is chaired by Vietnamese industrialist Dang Thanh Tam, who also chairs the industrial park developer Kinh Bac City Development Holding Corporation (The Investor). Saigontel is described in its own business press coverage as a member of Saigon Investment Group (SGI).
From telecom infrastructure to energy and data centres
Saigontel’s core business began in telecommunications, information technology and infrastructure investment inside industrial parks and high-tech zones, alongside industrial and civil construction, per Vietstock’s financial-data profile of the company. The company has since pushed into energy infrastructure: in March 2020 it signed a joint-venture agreement with SkyX Solar, a subsidiary of the investment firm VinaCapital, to develop more than 50MW of rooftop solar power across an initial 10 industrial parks in central and southern Vietnam, under a “zero capex, zero opex” model in which industrial tenants avoid upfront costs while cutting their energy bills and carbon footprint (Vietnam Investment Review).
More recently, Saigontel has moved into data centre development. On August 28, 2026, at the Tay Ninh Investment Promotion Conference, it was named alongside World Harmony Co., Ltd. and SAIF Eagle II Investment Co., Ltd. as a co-initiating investor in a planned $3.5 billion, 200MW AI data centre complex on about 20 hectares at Nam Tan Tap Industrial Park in Tay Ninh province, with the article describing Saigontel’s strategy as organized around “core industrial park infrastructure, energy infrastructure, digital infrastructure and social infrastructure” (Vietnam Investment Review).
Financial performance and 2026 plans
Saigontel has not paid a shareholder dividend since 2010, instead reinvesting retained earnings into expansion. In 2025, net revenue reached about VND1.86 trillion ($70.65 million), up 1% year over year, while pre-tax profit more than doubled to nearly VND499.9 billion, about 25.5% above the company’s own target. For 2026, Saigontel is targeting record net revenue of about VND2 trillion ($75.96 million), a 7.8% increase, and pre-tax profit of about VND500 billion, while pursuing a 32.4-hectare liquified natural gas port and storage project estimated at VND10 trillion and a rights offering of more than 148 million shares intended to roughly double the company’s charter capital, partly to fund a stake in Vietnam Green Growth JSC (The Investor).
What this profile does not claim
This profile does not state Dang Thanh Tam’s exact ownership stake in Saigontel or in its parent, Saigon Investment Group, as no source read gives a current, precise figure for either. It does not quantify Saigontel’s specific capital commitment to the Tay Ninh AI data centre project beyond its role as one of three co-initiating investors, nor does it assess whether that project or the 2026 LNG and rights-offering plans have since been completed, as no source read post-dates their announcement. It does not cover Saigontel’s day-to-day industrial park operations beyond the specific projects and results described above.
Timeline
- 2002
- Saigon Telecommunication & Technologies Corporation is established.
- 2008-01-18
- The company begins trading on the Ho Chi Minh Stock Exchange under ticker SGT at an initial listing price of VND108,000.
- 2010
- The company pays its most recent shareholder dividend before shifting to a no-dividend, full-reinvestment policy that continues as of 2026.
- 2020-03-16
- Saigontel signs a joint-venture agreement with SkyX Solar, a VinaCapital subsidiary, to develop more than 50MW of rooftop solar power across an initial 10 industrial parks under a "zero capex, zero opex" model for industrial tenants.
- 2025
- Full-year net revenue reaches about VND1.86 trillion, up 1% year over year, while pre-tax profit more than doubles to nearly VND499.9 billion, about 25.5% above the company's own target.
- 2026-08-28
- Saigontel joins World Harmony Co., Ltd. and SAIF Eagle II Investment Co., Ltd. as a co-initiating investor in a planned $3.5 billion, 200MW AI data centre complex on about 20 hectares at Nam Tan Tap Industrial Park in Tay Ninh province, announced at the Tay Ninh Investment Promotion Conference.
- 2026
- The company targets record net revenue of about VND2 trillion (7.8% above 2025) and pre-tax profit of about VND500 billion, and plans a rights offering of more than 148 million shares to roughly double its charter capital, partly to fund a stake in Vietnam Green Growth JSC.
What we could not verify
These claims came up in research and could not be confirmed. They are recorded here rather than published as fact or quietly dropped. If you hold a source that settles one, please tell us.
- The Investor's 2026 outlook article describes Saigontel as a member of "Saigon Investment Group (SGI)" without detailing Dang Thanh Tam's exact role or stake at SGI itself; his direct chairmanship of Saigontel (SGT) specifically is separately and independently confirmed by The Investor's profile of him, so both are presented here without treating them as in conflict.
- No source read specifies the size of Saigontel's own capital contribution to the $3.5 billion Tay Ninh AI data centre project beyond its role as one of three co-initiating investors; this profile does not estimate that figure.
Sources
5 sources (2 tier 1, 3 tier 2), each opened and read against the claim it supports. Every source is independent of the subject; no first-party material is cited. See the source policy.
The Investor's business reporting on Saigontel's 2025 results and 2026 plans, the Vietnam Investment Review's reporting on the VinaCapital solar partnership and the Tay Ninh AI data centre project, and Vietstock's financial-data profile of the company were all independently fetched and read in full. The Investor's separate profile of Dang Thanh Tam, independently read for the related profile of him, is also used here to confirm his chairmanship of the company. Saigontel's own English-language "About Us" page was consulted only as background and is not cited for any claim in this profile.
- SAIGONTEL joins international partners for $3.5 billion AI data centre complex in Tay Ninh Supports: The Tay Ninh AI data centre project's partners, location, investment size and planned capacity, and Saigontel's role as a co-initiating investor.
- VinaCapital ties up with SAIGONTEL to develop 50MW rooftop solar power Supports: The 2020 joint-venture agreement with VinaCapital's SkyX Solar, including its scope, capacity and business model.
- Saigontel eyes record revenue, accelerates LNG, data center development in 2026 Supports: Saigontel's 2025 financial results, its 2026 revenue and profit targets, its planned rights offering, its dividend policy since 2010, its LNG port and storage project, and its strategic shift toward energy and data-centre infrastructure.
- SGT: SaiGon Telecommunication & Technologies Corporation - SAIGONTEL Supports: The company's 2002 establishment date, its headquarters location, its January 2008 Ho Chi Minh Stock Exchange listing and initial price, and its core telecommunications, IT and infrastructure business lines.
- Famous Vietnamese entrepreneurs born in year of the Dragon Supports: Confirmation that Dang Thanh Tam chairs Saigon Telecommunication & Technologies Corporation.
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