Vietnam tech firm FPT adds Texas unit in $100m auto services push

Software giant counts Hyundai, VinFast, Volvo as clients as cars become computers on wheels

20231218 fpt auto

Automotive engineers gather at Vietnam's biggest software company, FPT, whose auto business serves VinFast, LG and chipmakers, as well as several major automakers. (Photo courtesy of FPT)

LIEN HOANG, Nikkei staff writer

HO CHI MINH CITY -- Vietnamese software giant FPT has opened a vehicle services unit in Texas as part of a $100 million investment over five years in the auto sector.

FPT Automotive will provide engineering services to automakers like Honda, Ford and VinFast, another Vietnamese corporation that is making rapid inroads in the U.S. Now that most new cars are virtually computers on wheels, FPT plans to supply them with wireless connectivity, security and software that monitors engines, fuel and other parts.

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