Vietnamese technology corporation CMC on Wednesday announced its strategy to expand its reach in international markets with the foundation of CMC Global.

CMC Global was founded with an aim of promoting the export of software and IT products, marking a milestone in CMC’s “Go Global” journey to make CMC’s digital products the leader not only in Viet Nam but also reach out to the global market.

Hoang Ngoc Hung, deputy chairman of CMC, said: “CMC Global aims at providing leading IT products and services. CMC Global will establish its member companies in potential markets such as Japan, Singapore, and in the future, Europe.”

Seeing the rising demand for IT outsourcing in the world coupled with the abundant IT talent in Viet Nam, CMC Global will focus on developing a talent pool and standardising software development process along with providing services.

“CMC Global will bridge other CMC members to provide integrated solutions and services to the global market,” Ho Thanh Tung, CMC’s deputy general director, said, adding that the technology corporation expected revenue from international markets would exceed the domestic market.

By 2020, CMC Global has targeted to have some 1,000 employees and establish branches in a number of countries.

The two first branches will be opened in Singapore and Japan this year.

Also on Wednesday, CMC appointed Kumeda Masakuni, 40, with 28 years of working experience in IT, as general director of CMC Japan. - VNS