Global technology corporation FPT has signed a Memorandum of Understanding with GS Engineering & Construction Corporation (GS E&C) to strengthen collaboration in AI-ready data centre infrastructure and smart city development in Vietnam, supporting the country’s digital infrastructure ambitions and sustainable urban development. The event took place during the Viet Nam-South Korea Business Forum in Hanoi, held during the official visit of South Korean President H.E. Lee Jae Myung to Vietnam.

Under the agreement, FPT and GS E&C will advance the development of large-scale data centre projects in Vietnam. The facilities are designed to meet hyperscale, colocation, and enterprise demand, with a strong focus on scalability, energy efficiency, and advanced cooling technologies.

The collaboration will also extend to smart city development across digital infrastructure, intelligent transportation, smart energy management, public safety, and urban services. Through the integration of AI-enabled and IoT-based solutions, both sides aim to build more efficient, resilient, and livable urban environments.

By combining GS E&C’s strengths in engineering, construction, design, and large-scale infrastructure delivery with FPT’s capabilities in cloud services, digital platforms, infrastructure, and local ecosystem engagement, this partnership is expected to support rising demand for cloud services, high-performance computing, and AI workloads in Vietnam.

“The partnership between FPT and GS E&C reflects the growing strategic alignment between Vietnam and South Korea, grounded in the two countries’ comprehensive strategic partnership in technology and infrastructure development. With our AI-first strategy and AI-augmented workforce, FPT is committed to contributing our technology capabilities to strengthen long-term digital capacity, advance technology transfer, and deepen cross-border cooperation between the two markets,” said Ha Minh Tuan, Chief Executive Officer of FPT Korea, FPT Corporation.

“This collaboration with FPT Group represents a meaningful step toward supporting Vietnam’s digital transformation through data centre and smart city development,” said GS E&C CEO Yoonhong Huh. “GS E&C will lead project development and execution, leveraging its expertise in data centre design and construction as well as integrated smart city infrastructure solutions, while working closely with FPT’s ICT and digital platform capabilities.” He added that the partnership would pursue a pragmatic, phased approach, starting from an initial tens-of-megawatt scale and potentially expanding in line with market demand. “Through this cooperation, we aim to build mutual trust and create tangible value and job opportunities for both Vietnam and Korea,” he said.