“FPT Corporation (HOSE: FPT) and TOBESOFT have signed a Memorandum of Understanding to promote the application of a low-code software development platform integrated with artificial intelligence (AI) globally.
TOBESOFT and FPT signing the MoU
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As per the agreement, FPT will leverage its network across 30 countries to support TOBESOFT in expanding its international client base for the Nexacro platform. The two companies will also jointly develop and commercialize the AI low-code platform in North America, Southeast Asia, and Europe. The partners aim to implement the first international cooperation project as early as 2025.
This agreement follows the Vietnam-Korea Summit on August 11 in Seoul, where the two countries reaffirmed their goal of increasing bilateral trade to $150 billion by 2030. This also comes just before the Korea-US Summit on August 25, where high-tech cooperation is expected to be a key focus.
The strategic cooperation memorandum with TOBESOFT coincides with FPT shares returning to the 100,000 VND/share price range, with a trading volume of over 5.8 million shares at the close of August 26. Prior to this, the stock had fallen for six consecutive sessions up to August 20, breaking below the 100,000 VND/share mark and dropping to its lowest level since early May.
– 19:28 26/08/2025″
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