HANOI – Vietnamese technology company HBLAB has signed a memorandum of understanding (MOU) with HCLTech Vietnam, the local arm of global technology company HCLTech, setting up a long-term partnership that aims to help shape the future of Vietnam’s technology sector and strengthen the spirit of Vietnam-India cooperation.
The agreement, signed on Oct. 21 at HCLTech Vietnam’s office, covers three areas of cooperation: joint project delivery, engineering teams for client programs, and shared go-to-market efforts.
Ravi Vajpeyi, Nearshore Regional Director and Vietnam Country Head at HCLTech, attended the signing alongside members of HCLTech Vietnam’s leadership team. HBLAB was represented by Nguyen Huy Toan, CEO of HBLAB Vietnam.
The MOU, which follows a series of talks between the two companies, is intended to lay the groundwork for a lasting technology partnership, rather than a project-by-project vendor relationship.
About HBLAB
Founded in 2015 and headquartered in Hanoi, HBLAB is a technology company with more than 650 employees. It provides offshore development center (ODC), AI and digital transformation services to clients worldwide. For more information, visit https://hblabgroup.com/.
About HCLTech
HCLTech is a global technology company headquartered in India, with more than 230,000 people across 60 countries. It delivers capabilities centered on digital, engineering, cloud and AI. For more information, visit www.hcltech.com.
