Vietnamese technology group FPT Corporation has signed a memorandum of understanding with FESCARO, the Republic of Korea (RoK)’s leading provider of integrated vehicle security platforms, to cooperate in automotive software and cybersecurity.

FPT has announced the establishment of FPT Automotive specializing in automotive software, with headquarters in Texas, the US, in the plan to enter the automobile software market worth hundreds of billions of dollars.

Global IT services provider FPT Software recently signed a partnership agreement with Nippon Seiki – the world's leading supplier of information display products for automobiles and motorcycles.