FPT’s Middle East regional office was inaugurated in Saudi Arabia on October 30 with the attendance of Prime Minister Pham Minh Chinh as part of his attendance at the eighth Edition of the Future Investment Initiative and working trip to the country.

The office opening is part of FPT’s global expansion strategy to meet the growing demand for digital services and solutions worldwide. This is the first time a Vietnamese enterprise has been licensed to establish a regional office in Saudi Arabia.

In a report covering this event, the Vietnam News Agency remarked that with a global network and extensive expertise in areas such as artificial intelligence (AI), semiconductor, digital transformation, green transition, manufacturing, banking, government, and transportation, FPT aims to increase its presence, connect with customers and partners, and improve its service quality throughout the Middle East.

Addressing the event, PM Chinh highlighted the flourishing relations between Vietnam and Saudi Arabia since they established diplomatic ties 25 years ago, according to the news agency. It quoted the Vietnamese leader as saying that bilateral economic ties have not yet matched the level of political and diplomatic relations, nor the aspirations of the two countries’ people, however.

The Vietnamese leader suggested the two countries strengthen economic, trade, and investment relations to enable their economies to connect and complement each other for common development, with specific projects.

PM Chinh welcomed FPT’s opening of its regional office, collaboration in workforce training, and efforts to develop and market products. He used the occasion to thank Saudi Arabian agencies and friends for their support for the firm’s operations there.

He said to achieve long-term and sustainable success and create synergistic strength, it must align with Saudi Arabia’s development trends that are digital economy, green economy, circular economy, sharing economy, knowledge-based economy, and emerging sectors like AI, cloud computing, and the Internet of Things.

FPT should also operate in compliance with local laws, while contributing to social activities, PM Chinh said, encouraging it to learn from Saudi Arabia’s mindset, vision, and strategies.