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Tokyo, March 24, 2025 – VTI and Mitsubishi Research Institute, Inc. (MRI) have officially signed a Memorandum of Understanding (MOU), laying the foundation for digital transformation initiatives in the public transportation sector in non-metropolitan areas, with a particular focus on developing and implementing cashless payment solutions.
The signing ceremony was held in the presence of key executives from both companies, marking a significant milestone in the strategic partnership between VTI and MRI.
About VTI Group and Mitsubishi Research Institute
VTI is one of Vietnam’s top 10 leading ICT corporations, with offices in Japan, South Korea, Singapore, and Vietnam. The company provides consulting and digital transformation solutions to businesses of all sizes, helping them optimize operations and business performance. In Japan, VTI has established a strong presence with subsidiaries in four major cities: Tokyo, Osaka, Nagoya, and Fukuoka. With a team of 1500 experienced professionals with deep market expertise, VTI has successfully collaborated with many leading Japanese enterprises.
Mitsubishi Research Institute (MRI) is one of Japan’s foremost think tanks. For the last 50 years, it has provided the public and private sectors with research and consulting services in fields spanning energy, the environment, healthcare, digital transformation, and finance. This is accompanied by policy recommendations and the real-world application of solutions. Mitsubishi Research Institute will continue to envision the future, resolve societal issues, and lead change to build a sustainable and prosperous world.
Strategic Collaboration Overview
By combining MRI’s strengths in research and strategic planning with VTI’s technological expertise and solution implementation capabilities, this collaboration aims to develop cutting-edge digital solutions for public transportation in non-metropolitan areas, particularly in the field of cashless payments.
Under this partnership:
- MRI will provide strategic consulting, propose suitable solutions for public transportation businesses in non-metropolitan areas, conduct industry trend research, and develop optimal business models.
- VTI will carry out technical testing and implement digital solutions while working closely with MRI to develop and apply technology solutions tailored for industry players.
The partnership between VTI and MRI not only unlocks new business opportunities but also demonstrates both companies’ commitment to contributing to sustainable societal development. This collaboration reinforces their shared vision of leveraging technology to enhance operational efficiency and improve user experiences in the public transportation sector in non-metropolitan areas.
