On December 25th in Hanoi, FPT Group and GELEX Group officially signed a strategic cooperation agreement in the field of blockchain technology. Accordingly, the two parties will jointly research, develop, and implement business activities related to blockchain, not only in Vietnam but also aiming to expand operations and markets internationally.
According to the signed agreement, FPT and GELEX will focus on cooperating on four main pillars in the blockchain field, including: developing digital asset products and services; researching and developing products, services, and solutions applying blockchain technology; applying blockchain products, services, and solutions and crypto assets within the ecosystems of the two corporations to increase operational efficiency and long-term value; and jointly expanding the blockchain ecosystem to international strategic partners.

The scope of cooperation is designed to be flexible, tailored to the capabilities and development orientations of each party, as well as the legal regulations in each country and territory, thereby laying the foundation for the formation of blockchain platforms capable of competing in the global market.

FPT is a leading technology group in Vietnam, possessing a solid technological foundation, a high-quality global workforce, and successful implementation experience in many major markets. In recent years, FPT has pioneered research, development, and mastery of core technologies, including blockchain technology, serving domestic and international customers in various fields.

Meanwhile, GELEX – a leading investment group in Vietnam with an ecosystem spanning infrastructure, industrial production, and financial investment – ​​approaches blockchain not just as a new technology, but as an operational platform for the future. GELEX identifies blockchain as a “major challenge,” where the technology must be linked to practical value, scalability, and long-term operational efficiency.

Mr. Nguyen Van Khoa, General Director of FPT Group, shared his thoughts at the ceremony.

 

Speaking at the signing ceremony, Mr. Nguyen Van Khoa – General Director of FPT Group – said that FPT and GELEX are always striving to cultivate a substantive cooperative relationship, opening up many opportunities to delve deeper into each other’s core business areas. This is consistent with the view of building strategic alliances to work together.

“The upgrading of the relationship between FPT and GELEX from cooperation to a strategic alliance reflects a long-term vision: using technology as the foundation, attracting many partners to participate in the ecosystem, not only serving the Vietnamese market but also aiming globally. This is the intersection of technology and finance, creating a foundation for new business models with a Vietnamese identity in the context of increasingly fierce international competition. FPT is very pleased and proud to accompany GELEX on that journey,” Mr. Khoa affirmed.

On GELEX’s side, Mr. Nguyen Van Tuan – General Director of the Group – stated that the strategic cooperation between FPT and GELEX was launched in June 2024. Throughout this period, GELEX has considered FPT a reliable strategic partner, providing effective collaboration and laying the groundwork for future strategic steps.

“The signing of this cooperation agreement in the blockchain field today marks the beginning of a broader period of collaboration, from developing a digital asset exchange to expanding the entire ecosystem, based on trust, respect, and the long-term development goals of both corporations,” Mr. Tuan emphasized.

As the world enters a new era – where trust is no longer solely guaranteed by paperwork or intermediaries – blockchain is reshaping how economies operate based on transparency, security, and borderless connectivity. The collaboration between FPT and GELEX is expected to help transform blockchain technology from a potential driver of growth into a tangible force, integrated with business models and value ecosystems in the long term.

Also at the ceremony, FPT announced that it is working with VIX Crypto Asset Exchange Joint Stock Company (VIXEX) to prepare the technology platform, ready to participate in the digital asset market. As a technology partner, FPT will participate in advising on the overall architecture and building the core technology infrastructure for the VIXEX exchange – the first culmination of the cooperation agreement to develop blockchain technology.

A VIXEX representative stated: “The combination of FPT’s technological capabilities and experience in implementing large-scale projects, along with VIXEX’s aspiration to build a secure, reliable, legally compliant cryptocurrency exchange that provides the best user experience, is expected to create a well-structured and in-depth development model.”

This is a proactive step, building competitiveness and taking a firm stance against the strong global growth of digital assets. At the same time, it demonstrates a commitment to aligning with the government’s policy of developing new markets through controlled pilot programs, adhering to the law, and aligning with international best practices.

Ha Linh

Market Life