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Malaysian IT provider wants to be major player in Vietnam
Information technology (IT) services provider Formis Resources Bhd wants to be a formidable player in Vietnam’s IT market, said Formis Resources’s Chairman Megat Najmuddin Megat Khas.
“The Vietnam economy is booming and we want to be part of it,” he was quoted by local media as saying.
“We have already ventured into and met with some success in that country. We hope to build on this success and become a major player in Vietnam in the years to come,” he added.
Last November, Formis had, via its subsidiary, signed an agreement to computerise the trading management operations of the National Securities Inc (NSI), a Vietnamese stock-broking house in Hanoi.
Formis managing director Chan Ngow said the company had set up an office in Hanoi to assist in its operation in Vietnam.
"The Vietnam market is quite competitive but we believe we have the expertise to be successful there,” he said.
VNA
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