CMC ACCOMPANIES THE MINISTRY OF FINANCE TO HIGHLIGHT VIETNAM’S DIGITAL ECONOMY IN EUROPE
CMC Corporation – one of Vietnam’s leading technology enterprises – proudly joined the delegation as the sole listed technology company, underscoring its role as a technology bridge bringing Vietnam’s digital and financial solutions to the global stage.
Mr. Nguyen Van Thang - Minister of Finance
Vietnam – A Strong Commitment to Digital Transformation and AI
At the Vietnam–UK Investment Promotion Conference in London, Mr. Dang Tung Son, SVP/CSO of CMC, delivered a keynote presentation on Vietnam’s digital economy and international investment opportunities. The presentation drew strong interest from international delegates.
Mr. Son emphasized that today’s digital economy has become one of the most powerful drivers of global growth, with AI as its breakthrough pillar. By the end of 2025, Vietnam’s digital economy is projected to account for 20% of GDP, marking the sixth consecutive year as the fastest-growing in Southeast Asia. This momentum is fueled by Vietnam’s young & tech-savvy population, high internet and mobile penetration, and booming sectors such as e-commerce, logistics, and digital payments.
Backed by Resolution 57 of the Party Central Committee, Vietnam has, for the first time, placed science, technology, innovation, and digital transformation at the heart of national development. By 2030, Vietnam targets to develop at least five leading digital technology enterprises of regional and global stature.
CMC – Pioneer of Vietnam’s Digital and AI Economy
As a trusted technology partner for banks, financial institutions, enterprises, and hyperscalers, CMC is pursuing its ambition to become a global DX and AI-X company, aiming for USD 1 billion in revenue and a workforce of over 10,000 employees by 2028.
Mr. Nguyen Trung Chinh – Chairman/Executive Chairman of CMC Corporation – the only representative from Vietnam’s listed technology enterprises participating in the delegation.
Earlier this year, CMC was entrusted with two national missions by the Government of Vietnam:
- CMC Cloud – to serve as the National Cloud Platform, currently powering core banking, payment switching, and blockchain layer 1 systems.
- C-OpenAI – to become the National AI Platform, built on 25 proprietary technologies including Computer Vision, NLP, LLMs, Data Analytics, and Voice Processing. With the advantage of Vietnamese data and talent, C-OpenAI is designed as an open platform addressing critical domains such as finance, education, healthcare, and the National Legal Virtual Assistant.
CMC’s AI platforms are deployed on its state-of-the-art Data Centers, ranked among the top 10% in Asia-Pacific with full Uptime Tier III certifications. These centers currently host 60% of Vietnam’s BFSI organizations and global hyperscalers such as Microsoft and AWS.
"Over the next three years, CMC is seeking international partners to develop new hyperscale data centers (30–100 MW) in Hanoi, Da Nang, and Ho Chi Minh City – comparable to the latest AI-focused facilities being launched in the UK and US." - said Mr. Dang Tung Son.
Mr. Dang Tung Son - SVP/CSO of CMC Corporation - delivered a keynote presentation at the Vietnam–UK Investment Promotion Conference.
Regarding its Global Business sector, CMC has already succesfully delivered fintech projects in London and is a founding member of the BritCham Technology Council. The company views the UK as its first and most important European hub, with a dedicated office planned for 2026.
At the conclusion of the keynote, CMC proposed to serve as a technology bridge for UK enterprises investing in Vietnam, while also acting as a strategic partner for expansion into Europe, particularly the UK market. CMC stands ready to support technology transfer, talent training, and collaboration in fintech and AI — not only for the International Financial Center in Da Nang but also for other emerging sectors and markets.
Strong Business Performance as a Foundation
With more than 32 years of development, CMC has become a trusted partner of over 30 commercial banks, financial institutions, and thousands of leading enterprises in Vietnam. Its fintech, AI, and cloud solutions are driving the comprehensive digital transformation of the banking and finance sector.
CMC’s strong financial results provide a solid foundation for global expansion. In FY2024 (April 2024 – March 2025), CMC reported VND 8,203 billion in revenue, EBITDA reached nearly VND 1,000 billion, and profit before tax was VND 502 billion. The company continues to invest heavily in AI, Cloud, Data Centers, and Cybersecurity, while expanding its international footprint.
Strategic Cooperation with the UK and Italy
During this mission, CMC also participated in dialogues at the London Stock Exchange, the Vietnam–Italy Investment Forum in Milan, and multiple networking sessions with businesses, investors, and partners across the UK and Italy.
Through this trip, CMC opened new avenues for collaboration with European partners in:
- Technology investments in Vietnam
- Joint AI and fintech projects under the IFC Vietnam and other emerging markets
- Business expansion in Europe
- Technology transfer and high-quality talent training via CMC’s academic ecosystem
Speaking at the forum, Mr. Nguyen Trung Chinh, Chairman/Executive Chairman of CMC, affirmed:
“AI-X and Go Global are CMC’s two core strategic directions. We are committed to working alongside the Ministry of Finance and our international partners to integrate Vietnamese technology into the global innovation ecosystem.”