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Tuesday, July 29, 2025

FPT partners with ATEC to drive innovation in Japan’s automotive industry

The Saigon Times

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HCMC – FPT Corporation (HOSE: FPT) has signed a memorandum of understanding with ATEC, a leading Japanese automotive software developer, to establish a strategic partnership aimed at advancing innovation and supporting the sustainable growth of Japan’s automotive technology ecosystem.

Under the MOU, FPT and ATEC will jointly develop next-generation automotive software solutions, with a strong focus on expanding services in AUTOSAR and Software-Defined Vehicles (SDV) for major Japanese car manufacturers.

The collaboration seeks to address key challenges in the industry, including the growing demand for high-quality software and the shortage of senior-level talent in embedded systems.

By leveraging their combined technological expertise, development frameworks, and skilled workforce, the two companies aim to deliver comprehensive and scalable solutions to the market.

As part of the partnership, FPT and ATEC will launch a new offshore development center in HCMC, with a plan for further expansion in the future.

This marks ATEC’s first international collaboration, driven by the need to address growing resource shortages and scale its development capacity.

Closing the trading session today, July 29, FPT fell by 4.76% day-on-day to VND106,000, with more than 16 million shares changing hands.

On the southern exchange, the VN-Index plunged by 64.01 points, or 4.11%, against the previous session, at 1,493.41 points.

Total trading volume exceeded 2.77 billion shares, with a value of VND71.24 trillion, up 50% in volume and 52% in value compared to the previous session. Block deal transactions accounted for over 150.6 million shares worth VND4.324 trillion.

The securities sector, known for its high market sensitivity, was the hardest hit, with numerous stocks hitting their floor prices. Notable decliners included HCM, SSI, FTS, VCI, VND and VIX, among others.

VND, SSI, and VIX were among the most actively traded stocks on the exchange, with matching volumes ranging from 97.5 million shares to over 118.7 million shares.

On the northern bourse, the HNX saw 47 gainers and 159 decliners, with the HNX-Index dropping 8.43 points, or 3.2%, to 255.36 points. Nearly 319 million shares were traded, with a trading value of VND6.7 trillion.

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