FPT Joins FCC Partners - Taiwan to Launch Vietnam Semiconductor Industry Development Investment Fund

FCC Partners Inc. (FCCP), a leading financial consulting firm in Taiwan, and FPT, a global technology corporation, have signed a Memorandum of Understanding (MOU) to foster investment cooperation, commercialization, and comprehensive development in high technology. This partnership aims to support the advancement of high technology and the semiconductor industry in Taiwan and Vietnam.

The event was attended by Mr. CY Huang, Chairman of FCC Partners Inc., Mr. Truong Gia Binh, Chairman of FPT Corporation, and senior leaders from both organizations.

Under the cooperation agreement, FCC Partners Inc. and FPT will establish the Vietnam Semiconductor Industry Development Investment Fund. This initiative aims to develop human resources, attract foreign investment in the semiconductor sector, support start-ups, and promote innovation, thereby fostering growth in Vietnam's semiconductor industry.

FPT Joins FCC Partners - Taiwan to Launch Vietnam Semiconductor Industry Development Investment Fund

Additionally, FCC Partners will facilitate introductions to potential partners and customers, aiding FPT Software Taiwan in market development. FCC Partners will also act as a liaison for the FPT Education Organization, connecting with universities in Taiwan to explore opportunities for educational collaboration and labor force development between the two sides.

Mr. CY Huang, Chairman of FCC Partners, stated that the collaboration with FPT represents a significant milestone in their development strategy in Vietnam. This partnership is expected to open numerous opportunities across various sectors, including investment funds, semiconductors, software, education, and green transformation.

"Taiwan excels in technology industries, particularly in semiconductor chips and AI. The collaboration between Vietnam and Taiwan is poised to benefit both parties substantially. With FPT's expertise in technology and FCC Partners' extensive experience, we anticipate creating sustainable value and delivering tangible benefits to both companies and the broader industry. We are confident that this partnership will significantly enhance the standing of Vietnam's high-tech and semiconductor sectors", Mr. CY Huang said.

Mr. CY Huang, Chairman of FCC Partners Inc., is optimistic that this collaboration will foster the creation of sustainable values for both parties.

Mr. Truong Gia Binh emphasized that the semiconductor industry operates on a global scale, and there will always be demand for chips. He urged Vietnam, Taiwan, and entities such as FPT and FCC Partners to rapidly engage in the global semiconductor supply chain.

"I spoke with numerous experts who highlighted that Vietnam possesses significant advantages for entering the semiconductor industry. However, the window of opportunity is limited. To seize this chance, Vietnam must pursue innovative approaches and collaborate with partners like FCC Partners", Mr. Truong Gia Binh affirmed.

Mr. Truong Gia Binh, Chairman of FPT, said that FPT and FCC Partners will join hands to rapidly engage in the global semiconductor supply chain.

Mr. Truong Gia Binh emphasized that among Vietnam's advantages, its human resources are a crucial factor highly valued by foreign partners. With well-prepared talent, Vietnam can quickly gain the trust of international collaborators, attract investment, and advance its semiconductor production and supply chains.

Mr. Truong Gia Binh proposed that following this collaboration, the two parties should explore plans to establish research laboratories in major cities such as Hanoi, Da Nang, and Ho Chi Minh City. He also expressed hope that FCC Partners will attract investors to Vietnam for rapid human resource training. In the future, he envisions Vietnamese talent working not only for FPT but also for other companies in Vietnam, Taiwan, Japan, the United States, and beyond.

The MOU marks a significant advancement in the partnership between FCC Partners Inc. and FPT Corporation. It opens up numerous new opportunities for collaboration and actively supports the growth of Vietnam’s high-tech industry.

In Taiwan, FCC Partners assembles a team of seasoned experts in banking and finance, offering services such as international M&A consulting, investment fund management, capital raising, and stock listing advisory. Their clientele spans Taiwan, Southeast Asia, and Northeast Asia, encompassing a diverse range of sectors, including high technology, green energy, infrastructure, finance, and emerging economic industries.

FPT is a leading technology corporation in Vietnam, specializing in software development, digital transformation, telecommunications, and education. FPT is the most significant IT technology and service provider in the region and ranks among the Top 50 Asian IT Services Companies (according to Gartner Market Share: Services, Worldwide, 2023). The corporation operates in three core areas: Technology, Telecommunications, and Education. FPT is a leading consultancy and provider of digital and green transformation solutions for organizations and businesses worldwide. Present in 30 countries, FPT is expanding its global footprint, with a capitalization exceeding 7 billion USD as of June 2024. Through the dedicated efforts of its tens of thousands of employees, FPT has not only surpassed its previous milestones but also enhanced its global position and technological capabilities. As it navigates new market opportunities and emerging technology trends, FPT remains committed to creating long-term, sustainable value for stakeholders and contributing to the economic development of both Vietnam and the broader region.