FPT, a Vietnam-based technology and information technology (IT) services provider, through its Thailand subsidiary, has signed a strategic memorandum of agreement (MOA) with WSOL Public Company Limited (WSOL) to enhance digital technology capabilities and unlock new technology opportunities across Thailand.

FPT said in a statement on Monday that this partnership combines the strengths of both organizations and builds on FPT’s deep expertise in delivering end-to-end technology solutions across banking and finance, energy, telecommunications, retail, manufacturing, and public- and private-sector services.

FPT will also bring its capabilities in infrastructure, core platforms, artificial intelligence (AI), cloud, cybersecurity, and enterprise solutions, all backed by globally recognized standards.

WSOL, on the other hand, operates an extensive nationwide network of service touchpoints covering payment systems, financial services, merchant and retail infrastructure, and multi-industry business partnerships.

These assets position WSOL as a powerful “Go-to-Market Gateway” for bringing FPT’s regional technology solutions into the Thai market effectively and at scale.

Through this partnership, both organizations will jointly develop innovative technology initiatives, beginning with financial and data-driven solutions and expanding into multiple sectors in the future.

The collaboration aims to support long-term development of Thailand’s digital infrastructure.

“Partnering with WSOL allows FPT to combine our global technology expertise with WSOL’s strong market understanding and presence in Thailand,

“We believe this collaboration will help create solutions that truly address the needs of the Thai market—across both the public and private sectors—and will play an important role in supporting Thailand’s transition toward a digital economy,” said Levi Nguyen, Chief Executive Officer of FPT Thailand and FPT Taiwan, FPT Corporation.

Ithichai Poolvaraluck, Group Chief Executive Officer of WSOL, added they believe that the collaboration with FPT marks an important milestone in elevating Thailand’s technological capabilities.

“With FPT’s extensive industry expertise and WSOL’s nationwide network, we are confident that we will jointly develop practical and effective solutions for Thai enterprises while creating new opportunities in the digital technology landscape,” he added.

In addition, he noted that FPT, together with other key strategic partners, will play an important role in strengthening WeiD as a unified platform vision and a comprehensive solutions provider, particularly in enhancing WSOL’s business to business (B2B) technology capabilities and competitiveness in large-scale enterprise and institutional project bidding.

“This partnership is a key component in driving WSOL’s long-term growth in the era of digital transformation,” he added.

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