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Vietnam’s FPT Corporation and Indonesia’s Bappenas Forge Strategic Partnership to Accelerate National Digital Transformation

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Vietnam’s FPT Corporation and Indonesia’s Bappenas Forge Strategic Partnership to Accelerate National Digital Transformation
News

News

Vietnam’s FPT Corporation and Indonesia’s Bappenas Forge Strategic Partnership to Accelerate National Digital Transformation

2025-06-13 12:03 Last Updated At:12:22

JAKARTA, Indonesia--(BUSINESS WIRE)--Jun 13, 2025--

FPT Corporation, Vietnam’s leading technology conglomerate and the Ministry of National Development Planning of the Republic of Indonesia (Bappenas) have signed a landmark Memorandum of Understanding (MoU) to advance Indonesia’s digital transformation, foster innovation, and develop future-ready digital talent in support of the nation’s long-term vision, Golden Indonesia 2045.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250612146474/en/

The MoU marks a significant milestone in Indonesia’s commitment to harnessing emerging technologies such as artificial intelligence (AI), green technology, and smart city solutions to drive inclusive and sustainable national development. This partnership also highlights FPT’s commitment to the Indonesian market since 2012, further strengthened after the recently upgraded comprehensive strategic partnership between Vietnam and Indonesia.

Under this five-year agreement, the two parties will collaborate on a wide range of strategic initiatives aimed at accelerating Indonesia’s digital transformation. This includes the joint development of national and sectoral digital transformation strategies, with a focus on enhancing digital governance through the implementation of e-Government systems, Smart Planning frameworks, and e-Monitoring platforms.

A key pillar of the collaboration is digital talent development. The parties will design and implement comprehensive upskilling and reskilling programs in critical areas such as artificial intelligence, cybersecurity, software engineering, and data science. These programs will target civil servants, students, and young professionals across Indonesia to build a future-ready workforce.

The partnership will also drive joint innovation through pilot projects using AI, green tech, and smart agriculture to tackle challenges in urban management and sustainability. FPT will offer strategic advice and policy input to help shape Indonesia’s digital economy, focusing on sectors like logistics, fintech, and digital infrastructure.

Finally, the agreement promotes academic and cultural exchange by creating opportunities for Indonesian and Vietnamese students and faculty to collaborate through FPT’s global education network, further strengthening people-to-people ties and knowledge sharing between the two nations.

This partnership stems from discussions held during the visit of the Indonesian government delegation to FPT in April 2025, led by H.E. Rachmat Pambudy, Indonesia's Minister of National Development Planning and Head of the National Development Planning Agency (Bappenas). During the visit, both sides explored new avenues for collaboration, with a particular focus on artificial intelligence and talent development. With this collaboration, FPT expects to support Indonesia’s Golden Indonesia 2045 vision, which identifies AI as a key driver of future economic growth.

“This MoU is more than just ceremonial. It is a strategic step towards a solid partnership between Indonesia and Vietnam. In order to fulfill the Golden Indonesia 2045 Vision, we must harness technology, strengthen our industrial base, and invest in future digital talent,” explained the Minister of National Development Planning/Head of Bappenas Rachmat Pambudy, on Thursday, 12 June.

The Ministry of National Development Planning/Bappenas hopes this cooperation will further solidify the foundation for Indonesia and Vietnam to become leading digital powers in Southeast Asia. “Through this collaboration, we are not only strengthening our national technological capacity but also creating a shared future that is inclusive, sustainable, and rich in innovation for both Indonesia and Vietnam,” concluded Minister Rachmat.

“FPT is deeply honored to partner with the Government of Indonesia on this transformative journey. Our commitment goes beyond technology. We are here to co-create a future where digital innovation empowers people, strengthens economies, and drives sustainable growth,” Nguyen Van Khoa, FPT Corporation CEO, affirmed. “Together with the Ministry of National Development Planning/Bappenas, we aim to build a resilient digital ecosystem that not only supports Indonesia’s national vision but also contributes to a more connected and digitally advanced Southeast Asia and Asia-Pacific region.”

FPT entered the Indonesian market in 2017 and has since then affirmed its position as a trusted IT partner. The company recently signed a $67 million USD agreement with KMP Aryadhana and an AI partnership with Indonesia’s state-owned oil and natural gas corporation, Pertamina, amid Vietnam General Secretary H.E. To Lam to Indonesia in March 2025. FPT currently boasts 200 technology experts and two major offices in Indonesia, with a third one planned for opening this year.

About FPT

FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. Committed to elevating Vietnam’s position on the global tech map and delivering world-class solutions for global enterprises, the Corporation focuses on five strategic areas: Artificial Intelligence, Automotive, Semiconductor, Digital Transformation, and Green Transformation. In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses. For information about FPT's global IT services, please visit https://fptsoftware.com/.

Mr Nguyen Van Khoa, FPT Corporation CEO (L) and Ms Teni Widuriyanti, Secretary for the Ministry of National Development Planning/Chief Secretary for Bappenas (R)

Mr Nguyen Van Khoa, FPT Corporation CEO (L) and Ms Teni Widuriyanti, Secretary for the Ministry of National Development Planning/Chief Secretary for Bappenas (R)

WASHINGTON (AP) — Most American presidents aspire to the kind of greatness that prompts future generations to name important things in their honor.

Donald Trump isn't leaving it to future generations.

As the first year of his second term wraps up, his administration and allies have put the president’s name on the U.S. Institute of Peace, the Kennedy Center performing arts venue and a new class of battleships.

That’s on top of the “Trump Accounts” for tax-deferred investments, the TrumpRx government website soon to offer direct sales of prescription drugs, the “Trump Gold Card” visa that costs at least $1 million and the Trump Route for International Peace and Prosperity, a transit corridor included in a deal his administration brokered between Armenia and Azerbaijan.

On Friday, he plans to attend a ceremony in Florida where local officials will dedicate a 4-mile (6-kilometer) stretch of road from the airport to his Mar-a-Lago estate as President Donald J. Trump Boulevard.

It’s unprecedented for a sitting president to embrace tributes of that number and scale, especially those proffered by members of his administration. And while past sitting presidents have typically been honored by local officials naming schools and roads after them, it's exceedingly rare for airports, federal buildings, warships or other government assets to be named for someone still in power.

“At no previous time in history have we consistently named things after a president who was still in office,” said Jeffrey Engel, the David Gergen Director of the Center for Presidential History at Southern Methodist University in Dallas. “One might even extend that to say a president who is still alive. Those kind of memorializations are supposed to be just that — memorials to the passing hero.”

White House spokeswoman Liz Huston said the TrumpRx website linked to the president's deals to lower the price of some prescription drugs, along with “overdue upgrades of national landmarks, lasting peace deals, and wealth-creation accounts for children are historic initiatives that would not have been possible without President Trump’s bold leadership.”

"The Administration’s focus isn’t on smart branding, but delivering on President Trump’s goal of Making America Great Again," Huston said.

The White House pointed out that the nation's capital was named after President George Washington and the Hoover Dam was named after President Herbert Hoover while each was serving as president.

For Trump, it’s a continuation of the way he first etched his place onto the American consciousness, becoming famous as a real estate developer who affixed his name in big gold letters on luxury buildings and hotels, a casino and assorted products like neckties, wine and steaks.

As he ran for president in 2024, the candidate rolled out Trump-branded business ventures for watches, fragrances, Bibles and sneakers — including golden high tops priced at $799. After taking office again last year, Trump's businesses launched a Trump Mobile phone company, with plans to unveil a gold-colored smartphone and a cryptocurrency memecoin named $TRUMP.

That’s not to be confused with plans for a physical, government-issued Trump coin that U.S. Treasurer Brandon Beach said the U.S. Mint is planning.

Trump has also reportedly told the owners of Washington’s NFL team that he would like his name on the Commanders’ new stadium. The team’s ownership group, which has the naming rights, has not commented on the idea. But a White House spokeswoman in November called the proposed name “beautiful” and said Trump made the rebuilding of the stadium possible.

The addition of Trump’s name to the Kennedy Center in December so outraged independent Sen. Bernie Sanders of Vermont that he introduced legislation this week to ban the naming or renaming of any federal building or land after a sitting president — a ban that would retroactively apply to the Kennedy Center and Institute of Peace.

“I think he is a narcissist who likes to see his name up there. If he owns a hotel, that’s his business,” Sanders said in an interview. “But he doesn’t own federal buildings.”

Sanders likened Trump's penchant for putting his name on government buildings and more to the actions of authoritarian leaders throughout history.

“If the American people want to name buildings after a president who is deceased, that’s fine. That’s what we do,” Sanders said. “But to use federal buildings to enhance your own position very much sounds like the ‘Great Leader’ mentality of North Korea, and that is not something that I think the American people want.”

Although some of the naming has been suggested by others, the president has made clear he’s pleased with the tributes.

Three months after the announcement of the Trump Route for International Peace and Prosperity, a name the White House says was proposed by Armenian officials, the president gushed about it at a White House dinner.

“It’s such a beautiful thing, they named it after me. I really appreciate it. It’s actually a big deal,” he told a group of Central Asian leaders.

Engel, the presidential historian, said the practice can send a signal to people "that the easiest way to get access and favor from the president is to play to his ego and give him something or name something after him.”

Some of the proposals for honoring Trump include legislation in Congress from New York Republican Rep. Claudia Tenney that would designate June 14 as “Trump’s Birthday and Flag Day," placing the president with the likes of Martin Luther King Jr., George Washington and Jesus Christ, whose birthdays are recognized as national holidays.

Florida Republican Rep. Greg Steube has introduced legislation that calls for the Washington-area rapid transit system, known as the Metro, to be renamed the “Trump Train.” North Carolina Republican Rep. Addison McDowell has introduced legislation to rename Washington Dulles International Airport as Donald J. Trump International Airport.

McDowell said it makes sense to give Dulles a new name since Trump has already announced plans to revamp the airport, which currently is a tribute to former Secretary of State John Foster Dulles.

The congressman said he wanted to honor Trump because he feels the president has been a champion for combating the scourge of fentanyl, a personal issue for McDowell after his brother’s overdose death. But he also cited Trump’s efforts to strike peace deals all over the world and called him “one of the most consequential presidents ever.”

“I think that’s somebody that deserves to be honored, whether they’re still the president or whether they’re not," he said.

More efforts are underway in Florida, Trump’s adopted home.

Republican state lawmaker Meg Weinberger said she is working on an effort to rename Palm Beach International Airport as Donald J. Trump International Airport, a potential point of confusion with the Dulles effort.

The road that the president will see christened Friday is not the first Florida asphalt to herald Trump upon his return to the White House.

In the south Florida city of Hialeah, officials in December 2024 renamed a street there as President Donald J. Trump Avenue.

Trump, speaking at a Miami business conference the next month, called it a “great honor” and said he loved the mayor for it.

“Anybody that names a boulevard after me, I like,” he said.

He added a few moments later: “A lot of people come back from Hialeah, they say, ‘They just named a road after you.' I say, ‘That’s OK.’ It’s a beginning, right? It’s a start.”

FILE - A sign for the Rose Garden is seen near the Presidential Walk of Fame on the Colonnade at the White House, Jan. 13, 2026, in Washington. (AP Photo/Mark Schiefelbein, File)

FILE - A sign for the Rose Garden is seen near the Presidential Walk of Fame on the Colonnade at the White House, Jan. 13, 2026, in Washington. (AP Photo/Mark Schiefelbein, File)

FILE - President Donald Trump speaks with reporters as a flag pole is installed on the South Lawn of the White House, June 18, 2025, in Washington. (AP Photo/Evan Vucci, File)

FILE - President Donald Trump speaks with reporters as a flag pole is installed on the South Lawn of the White House, June 18, 2025, in Washington. (AP Photo/Evan Vucci, File)

FILE - Workers add President Donald Trump's name to the John F. Kennedy Memorial Center for the Performing Arts, after a Trump-appointed board voted to rename the institution, in Washington, Dec. 19, 2025. (AP Photo/J. Scott Applewhite, File)

FILE - Workers add President Donald Trump's name to the John F. Kennedy Memorial Center for the Performing Arts, after a Trump-appointed board voted to rename the institution, in Washington, Dec. 19, 2025. (AP Photo/J. Scott Applewhite, File)

FILE - A poster showing the Trump Gold Card is seen as President Donald Trump signs executive orders in the Oval Office of the White House, Sept. 19, 2025, in Washington. (AP Photo/Alex Brandon, file)

FILE - A poster showing the Trump Gold Card is seen as President Donald Trump signs executive orders in the Oval Office of the White House, Sept. 19, 2025, in Washington. (AP Photo/Alex Brandon, file)

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