Vietnam’s tech giant eyes revenue of up to 250 million USD from Japanese market by 2028

Vietnam’s CMC Technology Corporation expects revenue from the Japanese market to reach 200 - 250 million USD, accounting for about 50% of its total revenue in foreign markets.

CMC cyber security team (Source: CMC)
CMC cyber security team (Source: CMC)

Hanoi (VNA) – Vietnam’s CMC Technology Corporation always sees Japan as a strategic market during its globalisation, said Corporation Chairman Nguyen Trung Chinh.

According to the corporation, it aims to have 5,000 employees by 2028, of whom 1,000 will work in Japan. The business expects revenue from the Japanese market to reach 200 - 250 million USD, accounting for about 50% of its total revenue in foreign markets.

At the same time, CMC plans to invest 100 million USD to build mini data centres in Japan to serve the needs of digital transformation and artificial intelligence (AI) development.

The group has built three offices in Japan's Yokohama, Osaka and Tokyo. In particular, on September 18, 2024, on the occasion of the opening of the office in Tokyo, CMC announced the "Enable Your AI-X" strategy, aiming to work together with Japanese partners to exploit the potential of digital transformation and AI.

Chinh said that the corporation launched an initiative to accompany the Japan Business Federation (Keidanren) in opening the first representative office of the federation in Vietnam.

CMC is ready to support modern facilities in Ho Chi Minh City to open up more extensive and intensive cooperation opportunities for the business communities of the two countries.

He also emphasised CMC's active role in realising activities under the Vietnam - Japan Joint Initiative (VJJI 2024), especially in areas such as innovation, green transition, supporting industries, and high-quality workforce training.

Chinh said that his corporation will accompany the business communities of the two countries to create an era of innovation, science and technology, and AI.

In addition to economic connection, CMC is also actively implementing high-tech research cooperation programmes. It has signed a cooperation agreement with the VLSI Design and Education Center (VDEC) at the University of Tokyo, aiming to develop AI applications and semiconductors, and build an innovation ecosystem in the high-tech field in Vietnam./.

VNA

See more

The Au Lac AI Alliance officially announces the inaugural Au Lac Grand Prize on January 12. (Photo: VNA)

Au Lac Grand Prize launched to honour Vietnamese-made AI

The competition is open to all Vietnamese citizens, regardless of age, place of residence or professional background, provided the submitted product or solution is legally protected intellectual property developed and owned by Vietnamese individuals or entities and used in compliance with the law.

An expert speaks at the International Conference on Semiconductors (ICOS) 2026 (Photo: VNA)

ICOS 2026 highlights pathways for Vietnam’s semiconductor development

This was the first international, specialised semiconductor conference held in central Vietnam and the first time the country hosted a large-scale academic forum dedicated exclusively to this sector. Organised in line with international standards, it featured plenary sessions, technical presentations and industry forums, reflecting major research trends shaping the semiconductor sector.

Resolution No.57: People should be put at centre of AI governance

Resolution No.57: People should be put at centre of AI governance

Assessing the role of AI, Minister of Science and Technology Nguyen Manh Hung emphasised that it is an “intellectual infrastructure.” More than an applied technology, AI is increasingly becoming a form of national infrastructure, comparable to electricity, telecommunications or the Internet.

In Vietnam, 5G technology infrastructure has begun to be widely deployed by domestic network operators (Photo: VNA)

5G technology expansion expected to boost Vietnam’s digital economy

The Ministry of Science and Technology reported that by 2025, 5G had been commercialised nationwide, covering more than 90% of the population. Viettel alone has deployed 30,000 5G base stations, achieving 90% outdoor coverage and 70% indoor coverage, exceeding its commitments to the Government.

At a display of UAVs (Photo: VNA)

HCM City pilots UAVs for delivery services

HCM City aims to promote UAV use in urban delivery - a promising field contributing to smart logistics and postal services for e-commerce, smart cities and high-tech public services, while fostering UAVs as a strategic technology sector underpinning the innovation ecosystem.

Viettel's virtual assistant for searching administrative units helps shorten time and simplify searches for people. (Photo: Viettel)

Viettel’s virtual assistant among Top 10 technology products

The accolade recognises the mastery of core technologies by the Viettel Artificial Intelligence and Data Services Centre (Viettel AI), while reaffirming the group’s capacity to successfully deploy “Make in Vietnam” artificial intelligence solutions in international markets.

Workers are operating a robotic wafer conveyor assembly line in the semiconductor industry. (Illustrative image. Photo VNA)

Innovation – Driver for new development phase

The draft action programme of the Party Central Committee to implement the Resolution of the 14th National Party Congress identifies the shift to a new growth model, economic restructuring, and accelerated industrialisation and modernisation, with science, technology, innovation and digital transformation as the core engines, as key tasks.

Participants at the 5th ASEAN Digital Ministers Meeting (ADGMIN) in Thailand. (Photo: VNA)

Hanoi to host 6th ASEAN Digital Ministers’ Meeting in January

Held annually on a rotating basis among ASEAN member states, the meeting plays a key role in shaping strategic orientations, formulating policies and promoting digital cooperation within ASEAN, while strengthening collaboration with partners and international organisations amid rapid digital and digital-economy transformation globally.

(Illustrative photo: Viettel)

Viettel records breakthrough in first 5G Advanced trial

The achievement, marked as Vietnam’s first 5G Advanced trial, was made possible by carrier aggregation (CA) technology, enabling mobile devices to operate across multiple frequency bands simultaneously instead of a single band.

A biotechnology laboratory of the International University at Vietnam National University-Ho Chi Minh City. (Photo: VNA)

Resolution 57: Role of intellectuals in advancing science and technology research

Prof. Dr. Tran Dai Lam, Director of the Institute of Materials Science at the Vietnam Academy of Science and Technology (VAST), emphasised that intellectuals should nurture national responsibility and ambition, be ready to take on challenges, evaluate research outcomes by international standards, and engage in collaboration across different sectors.