This strategic partnership aims to promote investment cooperation, commercial development, and overall growth in the high-tech sector, particularly in semiconductors, for the benefit of both Taiwan (China) and Vietnam.
FPT anticipates the creation of 3,000 additional jobs by 2028 and $1 billion in US market sales by 2030.
The Vietnamese company's goal for the new office is to work closely with its other offices in India, the Philippines, Costa Rica, Colombia and other locations.
The partnership is expected to open up the next chapter for both two companies in the future.
The IT firm's revenue in the first half of 2023 was more than VND24.1 trillion ($1.02 billion), up 21.9% year-on-year.
The opening of a center in Nanning, the 65th office globally, enables FPT to target the Chinese automotive software industry.
FPT Software wants to expand business opportunities in the US and Latin America through mergers & acquisitions (M&A).
The company aims to turn Binh Dinh Province into a leading AI center in the region.
The new manufacturing plant is set to be completed by the end of 2023 in the sizable hi-tech industrial zone.
Vietnam’s semiconductor industry is estimated to exceed $6.16 billion by 2024.
This is the 3rd strategic technology center of NCS in Asia.
The Vietnamese tech giant recorded 13 large deals with a scale of more than U$5 million per deal in the first six months of 2022.
FPT Software is providing services to more than 700 customers worldwide, including 100 Fortune Global 500 firms.
The two companies have joined forces in various initiatives to support several major aviation players to improve operational performance.
Beneficiaries will be fed and taught at FPT City Danang, one of the dozens of the corporations’ premises across Vietnam.
The investment is to optimize the efficiency by combining resources of the Vietnamese firm’s services centers in the US and those in neighboring markets.
