Based on its technological strengths and strategic partnership network in Vietnam, FPT will support Canadian companies to develop markets and explore new business opportunities.
In the next 3 years, FPT will also connect at least 20 Canadian companies with its member companies to cooperate and expand operations in the Vietnamese market.
EDC will support FPT in accessing a network of export and investment partners in Canada, and jointly provide innovative financial solutions to Canadian companies. At the same time, EDC will share its expertise in ESG standards, contributing to promoting FPT's solutions and initiatives in the field of sustainable development.
This partnership is part of EDC's Indo-Pacific strategy, which aims to help Canadian businesses increase their international presence and access potential markets like Vietnam.
EDC plans to open its first representative office in Vietnam by the end of November. The Memorandum of Understanding (MOU) is the result of a partnership between EDC and FPT from 2023, focusing on areas where Canadian businesses can contribute expertise.