[Boston, MA] – June 2024 — A groundbreaking Memorandum of Understanding (MOU) has been signed between a leading Vietnamese entity and multiple companies in the USA, marking a significant milestone in the semiconductor industry. The signatories include the Law Offices of Gabriel J. Christian and Associates, Omni Systems, The Elevate Leadership Group, Avdyne Aero Services, Emission Resource Group, and the Ho Chi Minh City Semiconductor Association (HSIA). This strategic alliance aims to propel the semiconductor sector to new heights in both nations.
The HSIA, a key technology enabler in Vietnam’s largest and most dynamic city, has been instrumental in driving digital transformation for global businesses. This partnership is set to expand opportunities, leveraging Vietnam’s robust electronics industry—an industry that dominates the country’s trade landscape. The collaboration promises to enhance semiconductor research, development, education, and manufacturing and foster university partnerships across Maryland, Virginia, and Massachusetts.
This MOU is more than just an agreement; it symbolizes a robust collaboration that aligns with the United States' and Vietnam's strategic goals. The Comprehensive Strategic Partnership signed between the two nations in September 2023 underscores Vietnam’s pivotal role in diversifying the global semiconductor supply chain. This agreement exemplifies the strong commitment of both nations to fostering technological innovation and economic growth, setting the stage for a future of enhanced cooperation and shared success in the global semiconductor industry
In a parallel development, another MOU has been successfully concluded between the Law Offices of Gabriel J. Christian and Associates, Elevate Leadership Group, Avdyne Aero Services, Omni Systems, Emission Resource Group, and FPT Software. This agreement, formalized in Vietnam, is set to revolutionize IT infrastructure development in both the United States and Vietnam.
FPT Software, a subsidiary of FPT Corporation, is a global technology and IT services provider headquartered in Vietnam, with $1 billion in revenue (2023) and over 30,000 employees in 30 countries. The company champions complex business opportunities and challenges with its world-class services and solutions for over 1,100 clients across diverse industries in Automotive, BFSI, Healthcare, Semiconductors, and more. The collaboration with American partners, who bring extensive expertise in legal services, market entry consulting, aviation maintenance, information technology, and renewable energy, is set to unlock new opportunities and drive sustainable success for all involved.
The MOU aims to secure joint funding for innovative projects under the CHIPS and Science Act of 2022, fostering investment in semiconductor development initiatives. The collaboration will also focus on enhancing IT infrastructure through workforce development, student exchanges, new training programs, and educational seminars.
By leveraging the strengths of both nations, these partnerships are set to deliver significant advancements in the semiconductor and IT sectors, embodying the spirit of innovation and collaboration.
Stay tuned as these exciting partnerships unfold, promising to reshape the technological landscape and drive economic growth in the United States and Vietnam.