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On April 23, within the framework of the Vietnam–Korea Economic Forum, FPT Group participated in and carried out cooperation activities in technology and artificial intelligence. The event took place during the state visit to Vietnam by South Korean President Lee Jae Myung and Korean leaders, featuring high-level activities between the two countries.
FPT reaffirmed its position as a strategic technology and artificial intelligence partner for Korean enterprises. Mr. Truong Gia Binh, Chairman of FPT, along with FPT leadership, attended senior-level activities, engaging directly with policy-making bodies and leading Korean conglomerates to promote cooperation opportunities in AI, digital infrastructure, and semiconductors.
At the Vietnam–Korea Economic Forum, Mr. Truong Gia Binh shared a strategic vision for cooperation between the two nations: “Overcoming a very difficult period, Korea has become an advanced industrial country. Vietnam also once had a starting point like that; we dream very big, and surely that dream will come true thanks to cooperation between the two countries.”
He said the world faces three major challenges: very high uncertainty; the wave of artificial intelligence restructuring everything—from factories and businesses to society; and competitive pressure between nations as new products are brought to market quickly and at low costs.
To help Vietnam and Korea address these challenges together, Mr. Truong Gia Binh proposed forming a strategic cooperation mechanism with the Korean President and the Vietnamese Prime Minister, focused on major issues. He said the two sides could act together and coordinate to achieve the fastest possible development.
During the event, FPT signed cooperation agreements in technology and semiconductors with leading Korean partners.
FPT and the Korea Fabless Semiconductor Industry Association (KFIA) signed an agreement to build a comprehensive cooperation model in semiconductors. KFIA is described as the largest association representing chip design companies in Korea, with nearly 150 members, serving as a hub connecting fabless companies with the broader semiconductor ecosystem and participating in policy-making.
The memorandum targets include:
The agreement is described as a step forward in expanding FPT’s presence in the Korean market.
FPT and Shinhan Bank (Korea), part of Shinhan Financial Group, signed a memorandum of understanding to broaden cooperation in digital finance, startups, and strategic technologies, with AI positioned as a foundational role. The cooperation is intended to open new growth opportunities in the Vietnam–Korea innovation ecosystem.
Under the memorandum, the two sides will jointly seek innovation opportunities, apply AI and big data to accelerate solution development, strengthen ecosystem connectivity, and create new digital value. They also plan to enhance cooperation and knowledge transfer in areas including semiconductors, quantum technology, low-latency economy, future mobility, and next-generation technologies. The two sides will also support Vietnamese and Korean startups to access each other’s markets.
FPT signed a memorandum of understanding with GS Engineering & Construction (GS E&C) to strengthen cooperation in AI-ready data center development and smart city projects in Vietnam. The aim is to support national goals on digital infrastructure and sustainable smart cities.
FPT and GS E&C will promote large-scale data center projects in Vietnam and expand cooperation in smart city development, including digital infrastructure, smart transportation, energy management, public safety, and urban services.
The collaborations come amid strong Vietnam–Korea relations, with science, technology, innovation, and digital transformation identified as key growth drivers. The article notes that FPT recently celebrated its ten-year presence in Korea, growing from zero to 92 million USD in revenue and targeting 200 million USD by 2026.
Through these activities and agreements, FPT said it continues to reinforce its role as a partner capable of implementing AI and digital transformation programs at scale, contributing to Vietnam–Korea technology cooperation in the new phase.
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