Japan's DA Consortium (DAC) has signed a memorandum of understanding with Vietnam's FPT Online Service Joint Stock Company on transfer of technology and investment opportunities.

The two sides will study and negotiate before DAC transfers a number of technologies for building a system of digital advertisements for its Vietnamese partner.

Initially, FPT Online will receive the data management platform, one of several advanced technologies of DAC.

FPT Online Chairman Thang Duc Thang said that the technology transfer would help the company to improve its online advertisement services in terms of scale and efficiency.-VNA