FPT Corporation and SBI Holdings, Inc. of Japan have signed a memorandum of understanding to explore the possibility of SBI Holdings investing in the memory chip packaging and testing plant project that FPT plans to develop in Vietnam.

MoU Signed During Official Visit to Japan

The signing took place in Tokyo, as part of the official visit to Japan, during which General Secretary and State President To Lam received and held a dialogue with leaders and senior representatives of several major corporations that are members of the Japan Business Federation (Keidanren).

The agreement opens up opportunities for cooperation between the two companies in the semiconductor sector, contributing to the development of technological capabilities and the semiconductor ecosystem in Vietnam.

Investment Options to Be Studied for Hanoi Plant

Under the MoU, FPT and SBI Holdings will hold discussions and study options for investment cooperation in the memory chip packaging and testing plant project in Hanoi.

SBI Holdings will consider participating in the project as an investor. Specific areas of cooperation will be further discussed by the two parties in the coming period. The signing creates the potential to combine FPT's technological and project execution capabilities with the financial investment expertise of its Japanese partner.

On FPT's side, the Corporation plans to implement the project through FPT IS Co., Ltd., which intends to take part in establishing a joint venture to build and operate a plant specializing in memory chip packaging and testing. The project aims to develop the capability to provide services to companies across the semiconductor supply chain, progressively establishing manufacturing and engineering service facilities in Vietnam.

The two parties will continue to study investment participation options aligned with the project's direction and timeline.

Why Packaging and Testing Matter

Packaging and testing are critical stages in the semiconductor chip manufacturing process, carried out after wafer fabrication. Packaging protects the chip and connects it to electronic devices, while testing evaluates the product's functionality, quality, and reliability before it is put into use. This field requires strong engineering capabilities, rigorous quality management processes, and close coordination among companies in the supply chain.

The project FPT is pursuing focuses on the memory chip segment, aiming to provide packaging and testing services to semiconductor companies. Through the project, FPT expects to gradually participate more deeply in the semiconductor supply chain while also creating conditions to develop a skilled engineering workforce and the capability to carry out semiconductor manufacturing processes in Vietnam.

About the Japanese Partner

SBI Holdings is the holding company of SBI Group. Founded in 1999, SBI Group is a comprehensive internet-based financial group that operates financial services businesses centered on banking, securities, and insurance and also develops asset management, private equity investment, crypto-asset, and next-generation businesses globally.

As a pioneer of internet financial services in Japan, the group offers lower-cost and highly convenient products and services through the internet.

Part of FPT's Broader Semiconductor Strategy

For FPT, semiconductors are a strategic technology field in which the Corporation is progressively building its capabilities, from integrated circuit design to activities related to testing and packaging.

FPT is also focusing on workforce training and on partnering with international companies and organizations to participate more deeply in the global semiconductor supply chain.

As Vietnam pushes forward with the development of its semiconductor industry, the cooperation between FPT and SBI Holdings is expected to help the project access additional financial resources and international expertise.

Through this, FPT will continue to seek opportunities to expand its semiconductor activities, contributing to the development of high-tech industries in Vietnam.

Corporate Backgrounds

FPT is a technology and IT services corporation headquartered in Vietnam and operating in international markets. With a strategic focus on mastering key technologies, FPT concentrates on developing artificial intelligence, semiconductors, and technology solutions for businesses and organizations. The Corporation is advancing its AI-first strategy, aiming to deliver AI-powered solutions to customers worldwide.

The signing comes amid a series of recent developments for the company, including the official start of trial operations at an FPT semiconductor chip testing and packaging plant in Bac Ninh on November 3, 2026, and a proposal of five pillars for Vietnam–Japan co-creation in AI and quantum technology on November 9, 2026.

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