FPT Software, a member company of FPT Group, and Singapore-based Singtel Group’s affiliate NCS signed a cooperation agreement on August 1 to develop a strategic technology center (SDC) in Vietnam.

Overview of the signing ceremony. Photo: Khac Kien

The agreement is aimed at meeting the strategic goal of expanding the development network and providing global technology services to both parties. The center is expected to hire more than 3,000 employees by 2025. This is also the 3rd strategic technology center of NCS in Asia.

“Demand for digital transformation services continues to accelerate in this region. By enhancing our digital and workforce capabilities and forging strategic partnerships with recognized leaders like FPT Software, we aim to create a highly compelling end-to-end digital transformation value proposition for our clients,” said NCS CEO Ng Kuo Pin.

NCS’ third delivery center in Vietnam will complement existing delivery centers in Pune, India, and Chengdu, China. It will offer bespoke infrastructure services such as secure operating environments, client customized training, as well as access to an expanded pool of high-caliber tech talent managed via NCS proprietary and proven Integrated Delivery Methods (IDM).

This represents the first of NCS’ growing interests and partnerships in Vietnam.

FPT Chairman Truong Gia Binh said the group pledged to accompany its clients and communities to a better future, noting the partnership with NCS fortifies that commitment.

“As a complete IT solutions provider, we have been a trusted partner to companies and authorities in their digital transformation journey. We look forward to working together with NCS to strengthen the business operations of clients and to help them realize their digital transformation goals at an accelerated speed,” he said.

Through this partnership, clients will be able to access FPT Software’s talent pool and proven expertise that spans more than two decades. FPT Software, a subsidiary of FPT Corporation, has a global presence in 27 countries and a mix of onsite, nearshore, and offshore delivery models, enabling great scalability, timely assistance, and cost optimization for clients and partners worldwide.

According to IDC, the digital services market in the Asia Pacific will grow at a CAGR of 16.9% over 2020-2025 to reach US$190.8 billion in 2025.