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Establishing Global Development Center (GDC) for Software Development Services through MOU Signing between VTI KOREA and InterSolution Technology

April 17, 2024
vti ist mou

On April 16, 2024, in Seoul, Korea, VTI KOREA CO., LTD and InterSolution Technology embarked on a collaborative journey by signing a Memorandum of Understanding (MoU). This landmark agreement is set to pave the way for the establishment of Global Development Center (GDC) dedicated to software development services.

InterSolution Technology is a company focused on system integration services for Korea’s financial and manufacturing industries. VTI KOREA is a subsidiary of VTI Group, securing solid strength in cutting-edge fields of AIoT, Cloud, and Mobile Application, with proven experiences in outsourcing high-quality services. 

The executive boards of both companies attended the signing ceremony.

vti ist mou
Mr Jang Hyeon Chun – CEO of InterSolution Technology (left), and Mr Nguyen Duc Cuong – CEO of VTI KOREA (right), at the signing ceremony

The cooperation includes three main aspects: 

  • Establishment of GDC model
  • Collaboration on technology projects
  • Support each other for business expansion in Korea and Vietnam

VTI KOREA’s GDC has gathered huge attention regarding its ability to significantly address the current labor shortage and the high labor costs of the Korean IT industry. This strategic alliance, marked by the MOU signing, will allow InterSolution Technology to tap into VTI KOREA’s energetic, vast, and highly skilled talent pool. 

Read more: Global Development Centers in Technology Landscape: A Comprehensive Guide

The cooperation between the two companies on projects related to manufacturing and finance proposes strategic opportunities for mutual business expansion in Korea and Vietnam.

vti ist mou gdc

vti ist mou gdc
Representatives of both companies took commemorative pictures

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