MegazoneCloud, a domestic cloud managed service provider (MSP) has signed a business agreement with the Vietnam-Korea Business and Investment Association (VKBIA). This will not only help both foreign and local enterprises in Vietnam to accelerate their digital transformation, but it would also help the Vietnamese companies enter the international market.
VKBIA is an overseas-affiliated organization of Vietnam Fatherland Front (VFF), an organization founded by Ho Chi Minh in 1941, is a business community aimed at not only facilitating trade between Korea and Vietnam but also developing international markets for Vietnamese businesses. It’s founded in Seoul in September 2019 to strengthen business cooperation between companies in both countries and to continue to seek investment and business opportunities.
With this partnership, MegazoneCloud and VKBIA will jointly support cloud-based digital innovation projects through the use of MegazoneCloud’s technological capabilities and solutions. Ensuring the development of an advanced digital business experience for global companies in Vietnam and companies from Vietnam alike. The two organizations are planning to expand their cooperation into Southeast Asian markets in the mid-to-long-term by securing successful cases.
According to MegazoneCloud, the cloud adoption stage in the Vietnamese market is slower than in the domestic market. However, given the rapid growth of the local startup industry and bountiful technological human resources, the cloud market is expected to grow rapidly in the near future. Hence, MegazoneCloud is planning to accelerate cloud adoption and proliferation in the Vietnamese market through a cooperation with VKBIA and its Vietnam branch, which was founded in 2014.
Mr. Tran Hai Linh, president of VKBIA, stated that: “In the spirit of cooperation in the fields of trade, commerce, connectivity of technology and culture, we will continue introducing programs that will both connect and support Korean and Vietnamese businesses. We expect that this agreement with MegazoneCloud will help with the growth of the IT industry in Vietnam in the future to come.”
WonWoo Cho, president of MegazoneCloud, said: “We will accelerate the digital transformation of our Vietnamese customers through our cooperation with VKBIA.” He added that: “Starting with the capital partnership agreement with CTC in Japan last Aug and with the launching of MegazoneCloud’s Hong Kong branch, we are going to target the Asia cloud and digital service market in earnest. Through this, we are going to grow as a global company, leading the next-generation B2B service based on an Asian digital partner alliance.”