｜FCC Partners and FPT Corporation to establish Vietnam Semiconductor Development Fund｜
FPT Corporation has signed a memorandum of understanding with FCC Partners Inc. (FCCP), a leading investment bank from Taiwan, to foster comprehensive development in the high-tech sector. The signing ceremony was held in Hanoi on August 8, with the attendance of CY Huang, president of FCCP, and Truong Gia Binh, chairman of FPT Corporation, and other leaders from both parties.
FPT Corporation signs a memorandum of understanding with FCC Partners Inc. (FCCP) to foster comprehensive development in the high-tech sector – Photo: FPT
This initiative will focus on developing human resources, attracting foreign investment in the semiconductor sector, supporting startups, and fostering innovation to boost Vietnam’s semiconductor industry.
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 and Vietnam.
FCC Partners, the Taiwan-based investment banking firm, will introduce potential partners and customers and help FPT Software expand its market presence in Taiwan.
The Taiwanese firm will facilitate connections between FPT Education and Taiwanese universities, creating opportunities for educational collaboration and workforce training for both parties.
Mr. CY Huang, Chairman of FCC Partners
Speaking at the signing ceremony, CY Huang, Chairman of FCC Partners, said that this partnership marks a significant milestone in their development strategy in Vietnam and opens doors for cooperation in various fields such as investment funds, semiconductors, software, education and green transformation.
He highlighted Taiwan’s strengths in technology, especially in semiconductors and artificial intelligence, and emphasized the mutual benefits of Vietnam-Taiwan cooperation.
“We are optimistic about future successes and confident that this cooperation will enhance the status of Vietnam’s high-tech and semiconductor industries,” said CY Huang.
Mr.Truong Gia Binh, Chairman of FPT Board of Directors
Truong Gia Binh, Chairman of FPT Board of Directors, reaffirmed the urgency of joining the global semiconductor supply chain, saying, “The world cannot do without chips, so the semiconductor industry will not wait for any country. either Vietnam – Taiwan or FPT – FCC Partners must quickly enter this global supply chain.
He pointed out that Vietnam has significant advantages, especially in human resources, in participating in this industry.
“If we prepare our workforce effectively, Vietnam will gain the trust of international partners and encourage investment and development in the semiconductor manufacturing and supply chain.”
Binh suggested that following this collaboration, both parties should explore establishing research facilities in major cities such as Hanoi, Danang, and Ho Chi Minh City.
He expressed the hope that FCC Partners will attract investors to Vietnam to speed up the training of workers so that Vietnamese professionals can work for FPT or other companies, whether in Vietnam, Taiwan (China), Japan, the US, and other countries.
This partnership marks a significant milestone in the cooperative relationship between FPT Corporation and FCC Partners Inc., opening up numerous new collaboration opportunities and making a positive contribution to the development of Vietnam’s high-tech industry.
