From September 16 to 22, 2025, a high-level delegation led by the Ministry of Finance of Vietnam paid a working visit to the United Kingdom and the Republic of Italy. This important activity aimed to strengthen cooperation in finance, banking, securities, investment, and accelerate digital transformation between Vietnam and Europe. CMC Corporation – one of Vietnam’s leading technology enterprises – was honored to accompany the mission, reaffirming its role as a technological bridge in bringing Vietnam’s financial–technology solutions to the world.
Vietnam – Strong commitment to digital and AI transformation for sustainable development
At the Investment Promotion Conference in London, United Kingdom, Mr. Dang Tung Son – Vice President SVP/Chief Strategy Officer of CMC Corporation – the only listed representative from Vietnam’s technology sector, delivered a presentation on Vietnam’s digital economy and international investment opportunities. His remarks received great attention and appreciation from participants.
The presentation emphasized that the digital economy has become one of the strongest growth drivers of the global economy today, with AI playing a breakthrough, foundational role. Vietnam is currently considered a high-potential market, with the digital economy expected to account for around 20% of GDP by the end of this year, after six consecutive years of being the fastest-growing in Southeast Asia. This boom is fueled by a young, tech-savvy population, high internet and mobile penetration, and the rapid rise of e-commerce, logistics, and digital payments.
Guided by the Government, and for the first time under Resolution 57, science, technology, innovation, and digital transformation have been identified as key drivers of economic growth. According to this vision, by 2030, Vietnam must have at least five digital technology enterprises on par with leading global counterparts.
CMC entrusted with a pioneering mission to drive Vietnam’s digital economy
As the trusted technology partner of banks, financial institutions, major enterprises, and global hyperscalers, CMC is confident in pursuing its goal of becoming a global enterprise in Digital Transformation (DX) and AIx. The company targets revenue of USD 1 billion and over 10,000 employees by 2028.
Photo 1: Mr. Nguyen Trung Chinh – Chairman of the Board/Executive Chairman of CMC Corporation – the only listed representative of Vietnam’s technology sector in the delegation
Earlier this year, the Government assigned CMC two critical national missions to accelerate Vietnam’s digital economy development:
- Developing CMC Cloud – the Make-in-Vietnam cloud computing platform – into the National Cloud Platform. Today, many critical systems such as core banking, payment switching, and even Layer-1 blockchain are already running on CMC’s domestic cloud.
- Building the National Artificial Intelligence Platform. This platform, named C-OpenAI, is developed based on 25 core technologies researched by CMC, including Computer Vision, NLP, LLM, Data Analytics, and Speech Processing. Leveraging Vietnam’s data advantages, addressing local challenges, and powered by Vietnamese talent, C-OpenAI is designed as an open platform to tackle pressing issues in key sectors such as finance–banking, education, healthcare, and legal AI assistants for national governance.
The C-OpenAI platforms are deployed on CMC’s state-of-the-art, highly secure Data Center system – the most advanced in Vietnam. This is not only the choice of 60% of BFSI organizations in Vietnam for DC and DR colocation services, but also the location where global hyperscalers like Microsoft and AWS placed their first nodes in Vietnam.
“In the next three years, CMC is seeking partners to develop additional hyperscale data centers (30–100 MW) in Hanoi, Da Nang, and Ho Chi Minh City, on par with the world’s leading AI Data Center projects,” shared Mr. Dang Tung Son.
Photo 2: Mr. Dang Tung Son – Vice President SVP/Chief Technology Officer of CMC Corporation – presenting at the Vietnam–UK Investment Promotion Conference
Global expansion strategy – UK as the first European gateway
In the global business arena, CMC has successfully implemented several fintech projects in London and is currently a founding member of the BritCham Technology Council. The company sees the UK as its first strategic European destination in 2026.
Concluding the presentation, CMC proposed to act as a technology bridge for UK businesses investing in Vietnam, while also being a partner for joint expansion into Europe, particularly the UK market. CMC is ready to support technology transfer, talent training, and collaboration in fintech and AI – not only serving the International Financial Center in Da Nang but also expanding to other emerging industries and markets.
Solid business performance – the foundation for international cooperation
With more than 32 years of development, CMC is now a trusted partner of over 30 commercial banks, financial institutions, and thousands of large enterprises in Vietnam. Its fintech, AI, and Cloud solutions are helping to drive comprehensive digitalization in the finance–banking sector.
In fiscal year 2024 (April 1, 2024 – March 31, 2025), CMC achieved consolidated revenue of VND 8,203 billion, EBITDA of nearly VND 1,000 billion, and pre-tax profit of VND 502 billion. This strong financial foundation enables the Group to continue investing heavily in AI, Cloud, Data Centers, and Cybersecurity, while expanding international cooperation.
Deepening cooperation with the UK and Italy
As part of the mission, CMC visited the London Stock Exchange, attended the Vietnam–Italy Investment Dialogue in Milan, and met with numerous businesses, partners, and potential investors in the UK and Italy.
Through the trip, CMC and its partners in the UK and Italy opened new opportunities for collaboration in:
- Increasing investment into Vietnam’s technology market
- Joint development in AI and Fintech, with bilateral R&D and innovation projects through the IFC Vietnam International Financial Center and other emerging markets
- Expanding CMC’s business operations in Europe
- Technology transfer, knowledge sharing, and high-quality workforce training through CMC’s institutes and universities
Present at the dialogue, Mr. Nguyen Trung Chinh – Chairman of the Board/Executive Chairman of CMC Corporation – emphasized:
“AI-X and Go Global are CMC’s two consistent strategic directions. We are committed to accompanying the Ministry of Finance and international partners to ensure Vietnam’s technology integrates with and contributes to the global innovation flow.”
