FPT collaborates with Japanese enterprises to advance the semiconductor industry

On December 16 in Japan, as part of the Vietnam-Japan Economic Forum 2023 hosted by the Ministry of Planning and Investment, JETRO, and the Vietnamese Embassy in Japan, Prime Minister Pham Minh Chinh presided over the signing ceremony for 30 cooperation agreements. These agreements involve ministries, branches, localities, agencies, and businesses from both countries, spanning various sectors such as infrastructure development for industrial parks, urban areas, commercial centers, green hydrogen production, battery manufacturing, energy, finance, digital transformation, and workforce training.

In particular, FPT has secured two collaboration agreements with prominent Japanese enterprises: Yamato Holdings, a major Japanese enterprise engaging in the 'Road Freight Transportation' sector, and TradeWaltz, a company that owns a leading trade information collaboration platform in Japan.

Under the agreement with Yamato Holdings, FPT will leverage cutting-edge technologies such as AI, Cloud, Big Data, Automation, and IoT to support the leading Japanese logistics enterprise in advancing the digital transformation of its customers. The collaboration aims to enhance the flexibility and development of Yamato Holdings' ecology in all scenarios. Drawing on Yamato Holdings' extensive 100 years of logistics experience, both parties will jointly research and implement solutions to improve the transportation system in Vietnam.

Representatives of FPT and Yamato Holdings exchanged the cooperation agreement in the presence of Prime Minister Pham Minh Chinh

In the case of TradeWaltz, both parties will integrate TradeFlat - a digital financial ecosystem developed by FPT - with TradeWaltz, Japan's leading trade information collaboration platform. This integration aims to facilitate a comprehensive digital transformation of trade processes for countries in the Asia-Pacific region. The two entities plan to explore the integration of the two platforms through API links, connecting relevant trade and service areas to manage cross-border trade and trade finance transactions. Additionally, they will engage in research and strategic planning for the Vietnamese market and form alliance partnerships with trade platforms in the Asia-Pacific region. This marks a significant milestone as the first instance of a "Make in Vietnam" technology solution being integrated into an international platform regarding trade activities between Vietnam and Japan.

Representatives of FPT and TradeWaltz exchanged the cooperation agreement in the presence of Prime Minister Pham Minh Chinh

As part of the Vietnam-Japan Economic Forum 2023, FPT collaborated with the Ministry of Planning and Investment and the Vietnamese Embassy in Japan to facilitate a meeting between Prime Minister Pham Minh Chinh and representatives from 10 prominent Japanese IC and semiconductor corporations. The discussions centered around fostering collaboration in developing ICs and associated ecosystems, aiming to catalyze a breakthrough in Vietnam's semiconductor industry.

During the meeting, corporations, including SBI Holdings, Renesas Electronics Corporation, Denso, Rapidus Corporation, and Tokyo Electron Limited, outlined their directions and presented proposals for collaboration in creating semiconductor devices and ecosystems in Vietnam.

In response to the perspectives of Japanese businesses, Prime Minister Pham Minh Chinh underscored Vietnam's commitment to propelling the semiconductor industry in a more transformative and robust direction, aiming to assume a more significant role in the global supply chain. Vietnam will persist in implementing priority policies, encompassing tax incentives and land provisions, to support businesses and investors in this sector. The Prime Minister urged the Japanese side, particularly large Japanese businesses and corporations, to strengthen collaboration, investment, and the development of the semiconductor industry ecosystem across all stages, from design and chip factory construction to packaging and testing. This collaborative effort aims to contribute to materializing the recently established comprehensive strategic partnership for peace and prosperity in Asia and the world between Vietnam and Japan.

Participating in the meeting with Japanese businesses, Mr. Truong Gia Binh, FPT Chairman, reaffirmed the collaboration between Vietnamese and Japanese firms in the semiconductor industry. Against the backdrop of the recently upgraded comprehensive strategic partnership between Vietnam and Japan, coupled with substantial transformations in Vietnam's semiconductor industry in terms of training, supply sources, and artificial intelligence, such cooperation holds immense importance.

Semiconductor chips and AI are pivotal areas for FPT in the coming years. The company strategically focuses on advancing in these domains through investments, research initiatives, platform and solution development, and collaborations with leading global organizations and corporations. Additionally, FPT is committed to human resource development in these fields. In the realm of AI, FPT has made substantial investments across various facets, including personnel, infrastructure, data, and research. The Corporation has actively participated in the global AI alliance initiated by IBM and Meta, formulated research strategies in collaboration with the prominent AI research institute Mila, and invested in Landing AI. The Corporation also boasts AI products with millions of users worldwide, securing the top position as the global leader in the AI platform for 2023. Additionally, it holds numerous AI-related patents in both the United States and Japan.

In the semiconductor industry, FPT has successfully transitioned its IC chip products from the R&D to the mass production phase. The Corporation has secured orders for 70 million chips worldwide, extending through 2025. FPT is actively engaged in the comprehensive training of 10,000 professionals, facilitated by strategic partnerships with Silvaco (USA). Furthermore, its commitment to the industry includes collaborations with the National Innovation Center (NIC), American technology expert organization TreSemi, and a partnership with UK educational organization Pearson to launch semiconductor technology training programs in Vietnam. Moreover, FPT Education has established the Semiconductor Department, poised to admit its inaugural batch of students in 2024.

FPT currently employs 2,900 professionals working directly across 16 offices and development centers in Japan. Globally, a team of nearly 15,000 IT engineers is dedicated to implementing projects with Japanese customers. In Japan, FPT extends its advanced technology services to 450 esteemed customers globally. FPT Japan has set ambitious targets for its future growth, aspiring to reach a workforce of 4.000 employees, a position among Japan's Top 20 largest technology service companies by 2025, and a revenue milestone of one billion USD by 2027.