Hanoi, Vietnam – September 16th, 2026 – CMC Korea and Picode have officially entered into a strategic partnership, sealed by a Memorandum of Understanding (MOU) to pursue joint opportunities in technology and business development.
The ceremony, held in Hanoi, marks the beginning of a collaborative journey aimed at fostering innovation, expanding market reach, and delivering greater value to customers across both organizations.
Representing Picode at the ceremony was Mr. Chun Hong-jin, CEO of Picode, alongside Mr. Han Hyun-sang, Director of the Planning Department. CMC Korea was represented by Mr. Bao Dang Ngoc, CEO of CMC Global; Mr. Minh Tran Van, CEO of CMC Korea; Mr. Kim Jefferson, Sales Director of CMC Korea, and Ms. Lee Bona, Account Manager.
Under the agreement, both parties will develop collaborative initiatives in the fields of technology and business opportunities, leveraging their combined expertise, resources, and networks to create new avenues for growth. The partnership reflects a shared commitment to innovation and cross-border cooperation between Vietnam and South Korea.
Speaking at the ceremony, Mr. Minh Tran Van, CEO of CMC Korea, shared his perspective on the partnership: ” This collaboration is more than a formal agreement, it is a bridge between two markets, two cultures, and two teams united by a shared vision for the future of technology. By joining forces with Picode, we are creating a powerful platform to deliver innovative solutions, unlock new business opportunities, and create lasting value for our customers in Vietnam and South Korea.’
This MOU lays the foundation for concrete joint activities ahead. More importantly, it signals a shared ambition to push boundaries and build something greater together. The partnership is expected to open new markets, accelerate innovation, and create sustainable growth benefiting not only both companies but also their customers and the broader technology ecosystems in Vietnam and South Korea.
About CMC Korea
CMC Korea is the Korean subsidiary of CMC Corporation, one of Vietnam’s leading technology corporations with over 30 years of innovation. Based in Seoul, the company connects Korean enterprises with CMC’s global digital transformation capabilities, spanning AI, cloud, software engineering, cybersecurity, and managed services.
About Picode
PICODE is a Korean specialized company focused on HiLS (Hardware-in-the-Loop Simulation) for automotive electronic control unit development, with over 10 years of experience and 200+ project deliveries. Building on this foundation, PICODE has expanded its portfolio to deliver comprehensive test automation solutions across the automotive industry, encompassing HILS, software, hardware, and test bench development
