Under the signed document, the two groups will jointly research, develop, and deploy blockchain-related business initiatives in Vietnam, with a longer-term goal of expanding into international markets.

The partnership is built on four pillars through developing digital asset products and services, researching and creating blockchain-based solutions and applications, deploying products, services, and crypto assets across both groups’ ecosystems to enhance efficiency and long-term value and expanding the blockchain ecosystem in cooperation with international strategic partners

At the signing ceremony, Nguyen Van Khoa, CEO of FPT Corporation said the upgrade to a strategic alliance reflects a shared long-term vision that places technology at the core of future growth. He noted that the partnership is designed to attract additional participants into the ecosystem, serving not only the domestic market but also international demand.

“This collaboration brings together technology and finance to lay the groundwork for new business models with a distinct Vietnamese identity amid growing international competition,” Khoa stressed.

Meanwhile Gelex’s CEO Nguyen Van Tuan described the blockchain agreement as the starting point for a broader phase of cooperation, from developing a digital asset exchange to expanding a comprehensive ecosystem aligned with the long-term goals of both groups.

In a global context where blockchain is transforming economic activity through transparency, security, and borderless connectivity, the FPT–Gelex collaboration is expected to help turn blockchain from a promising technology into a concrete growth driver tied to sustainable business models and value ecosystems, he noted.

At the event, FPT also announced its cooperation with VIX Crypto Asset Exchange Joint Stock Company (VIXEX) to prepare the technological infrastructure required to participate in the digital asset market. As a technology partner, FPT will provide consultancy on system architecture and develop the core technology infrastructure for VIXEX, which is described as the first concrete outcome of the blockchain cooperation.

This move is seen as a effort to build competitiveness ahead of the rapid global expansion of digital assets, while aligning with government policies that encourage the development of new markets through controlled pilots, legal compliance, and adherence to international standards.

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