Global tech company FPT and Shinhan Bank have signed an agreement to work together more closely. They plan to collaborate in areas like digital finance supporting startups and developing new technologies. Artificial intelligence will play a key role in helping them create new opportunities and grow innovation in both Vietnam and South Korea.
The agreement ceremony happened at the Vietnam–South Korea Business Forum in Hanoi. It took place during South Korean President Lee Jae Myung’s official visit to Vietnam, showing that both countries are working more closely together in these areas.
This partnership will also help startups and businesses in both countries turn their ideas into bigger, successful companies. It creates a shared platform where they can grow and work together.
FPT and Shinhan Bank will help startups from Korea and Vietnam enter each other’s markets more easily. They will support them with local connections and resources, helping them grow over time and improve digital finance in both countries.
“South Korea is moving decisively to scale AI in financial services and direct more capital toward the strategic industries that will shape its next growth cycle. Together with Shinhan Bank, we will shape more scalable, AI-first models for digital finance while strengthening links between startups, enterprises, and innovation ecosystems across high-potential areas for Vietnam and South Korea,” said Ha Minh Tuan, FPT Korea Chief Executive Officer, FPT Corporation.
“This collaboration aligns with the growing momentum of the two countries’ comprehensive strategic partnership, where innovation, technology, and entrepreneurship are key drivers of shared growth. As Vietnam’s leading technology company, FPT will continue contributing our capabilities in AI, digital transformation, and engineering to cross-border collaborations,” Tuan added.
“Vietnam is emerging as a key hub in the global supply chain. By strengthening collaboration with leading partners in Vietnam, Shinhan Bank aims to develop innovative financial models, support Korean enterprises in expanding their operations in Vietnam, and serve as a trusted financial partner contributing to the development of the financial sectors in both countries,” said Jung Sang Hyuk, President & CEO, Shinhan Bank.
FPT is a major technology and IT services company based in Vietnam. It operates in more than 30 countries and has been providing useful solutions to millions of people and many businesses for over 30 years.
The company focuses strongly on artificial intelligence and aims to boost Vietnam’s global tech presence. It works on three main areas: digital transformation, intelligent (AI-driven) transformation and green (environment-friendly) transformation.
Shinhan Bank is the main bank of Shinhan Financial Group, one of the top financial groups in South Korea. It was started in 1982 and offers many services like business banking, personal banking, wealth management, and international banking.
Shinhan Bank and its parent group are counted among the top 10 most important banks in South Korea. This shows they are financially strong and play a key role in the country’s banking system.
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