May 13, 2024

CMC Corporation “Go Global,” Bringing Vietnamese Technology To The World Stage

To maintain its position as a leading technology conglomerate in Vietnam for three decades, CMC has identified “Go Global” as the central strategy for its …

To maintain its position as a leading technology conglomerate in Vietnam for three decades, CMC has identified “Go Global” as the central strategy for its new development phase. Recently, CMC Corporation launched CMC Korea and inaugurated its company office in Seoul, South Korea. 

From the forefront of innovative transformation in Vietnam 

Sharing the achievements of CMC over 31 years of development, Mr. Nguyen Trung Chinh – Chairman of the Board/ Executive President of CMC Corporation, emphasized its commitment to innovation in overcoming domestic market challenges and keeping pace with the rapid development of global science and technology. “Go Global” with the determination to showcase intellectual elite of Vietnamese people and “Make in Vietnam” technology to the world has been a steadfast goal throughout the CMC’S development journey. After more than three decades, CMC has somewhat realized that ambition by expanding its network to over 5,000 high-quality technology engineers, serving not only Vietnamese customers but also hundreds of global partners and being present in over 30 countries and territories such as Japan, South Korea, Singapore, Germany, Australia, and the United States… 

After over three decades of global market development, in the DX/CX field, CMC focuses on improving the digital experience of customers and end-users through solutions such as CX (Multichannel Customer Experience Management Platform), ERP (Enterprise Resource Planning) … As of now, over 2,000 information technology projects have been implemented by CMC’s expert team, with a success rate of over 90% meeting deadlines across all sectors. Starting from 2024, CMC will support enterprises in maximizing the benefits of digital adoption and transformation with AI (Artificial Intelligence) technology. 

  In the technology sector, CMC has delved deep into researching new technologies, forming an ecosystem of over 20 core technologies that effectively support the global business digital transformation process. A highlight in CMC’s products and services is the application of AI technologies to enhance efficiency, creativity, ensure quality while saving time and costs in the long run. 

Some exemplary products include: CIVAMS (Intelligent Image Analysis and Management Solution), C-VOICE (Text-to-Speech and Speech-to-Text Conversion Solution), C-OCR (Optical Character Recognition solution for converting text from image documents), C-Meet (Paperless meetings and event organization), C-CHATBOT (Multilingual virtual assistant solution)… Particularly, in 2023, CMC ATI’s CIVAMS facial recognition solution was recognized by the National Institute of Standards and Technology (NIST) in the United States as one of the top 12 globally and ranked first in Vietnam for Face Recognition Technology Evaluation (FRTE) 1:1 Verification. The C-OCR product also won the highest prize in the AI Challenge competition organized by Ho Chi Minh City in 2022. According to the strategic direction, the AI-supported management platforms developed by CMC ATI will become more sophisticated, providing enhanced monitoring and responsive capabilities to a wide range of cybersecurity risks and data security threats that are increasing day by day. 

In the journey ahead, CMC aims for billion-dollar revenue with a focus on boosting its IT services for foreign markets, continuing to position Vietnam as a new global technology hub. Digital transformation and AI are considered focal points for CMC in the foreseeable future. Chairman of the Board/CEO of CMC Group, Nguyen Trung Chinh, stated: “In the competitive international market strategy, CMC builds its capabilities by creating technological service value that it can offer to customers. We don’t want to use the term ‘sell,’ but rather, we aim to be a provider of high-quality technology services and products that CMC possesses to both domestic and international customers.” 

Towards the strategy of bringing “Make in Vietnam” technology to the world. 

In recent years, CMC has maintained an average growth rate of 20%. To take a significant leap forward, CMC identifies conquering the international market as a prerequisite for development in the era of Industry 4.0. Green technology and green economy will be the two main factors, the fundamental origins impacting human life quality. CMC will firmly commit to this century’s transformative effort, not only domestically but also globally. In their strategy, CMC clearly defines the focus areas of development, including AI/DX, Cloud, … To achieve this, CMC has received training program transfers from partners in Japan, South Korea, the United States to transfer trained manpower in IT. 

  Inheriting the strengths in technology capability and domestic market success, CMC Global – the Global Business Division of CMC Corporation – has made many impressive breakthroughs and is a source of pride for Vietnam on the global technology map. With nearly 3,000 high-quality personnel, CMC Global always utilizes resources to build an enterprise using advanced technology efficiently, solving many problems with various technologies such as Cloud computing, Artificial intelligence, Data analytics, IoT, and RPA… 

With the existing strengths and potential, CMC is a partner welcomed and expected by many international customers in the time ahead. Mr. Shin Dong Soo – Director of CoAsia’s semiconductor design division in South Korea, said: “We will participate in various activities to promote the cooperation agreement signed with CMC to enhance operations in the Vietnamese semiconductor market. CoAsia becoming a long-term and central partner in CMC’s semiconductor design field – a leading IT company in Vietnam will mark an important milestone for the development of both enterprises in the future”. 

 Assessing the effectiveness of cooperation with CMC, Samsung SDS Vice President Kim Jung Pil said: “The bond between CMC and Samsung SDS began in the Spring of 2019 when we accelerated cooperation and globalized. CMC is Samsung SDS’s first partner in the Vietnamese market. We have received support from CMC Global in multiple areas such as SDS Solution, Partner System, Development & Operation… We hope that in the future, SDSV and CMC can bring about new breakthroughs in the strategic cooperation relationship between the two sides, achieving great achievements in the Korean market and expanding into the international market.” 

Discussing projects worked on with CMC, Mr. Han Dong Woo, Development Director at Kaon, said: “The collaboration with CMC helps us effectively allocate internal resources and focus on core capabilities while achieving cost efficiency. Collaborating with CMC also enables us to drive innovation by combining diverse perspectives, ideas, and capabilities. We expect that our cooperation with CMC will drive growth and bring many opportunities for innovation, strengthen Kaon’s position in current markets and help us penetrate new markets effectively”. 

With strategic and flexible steps to meet the challenges and advancements of global technology, CMC continues to expand its presence in many countries. In May 2024, the Corporation officially opened its new CMC Korea office in the capital city of Seoul, South Korea. Also, this year, CMC continues to aim to expand its operations in Europe and America to gradually realize its goal of becoming a billion-dollar revenue company with a scale of over 10,000 personnel globally by 2028.