UOB is teaming up with FPT to explore how AI and modern technology can reshape digital banking across Vietnam, Singapore and the wider region.
Under the agreement, both companies will look at areas such as AI adoption, data analytics, automation, cloud, APIs and banking system modernisation.
The collaboration will also cover digital banking platforms, payments, digital lending, embedded finance and cross-border financial services. Pilot initiatives may be developed in Vietnam and other regional markets.
UOB and FPT are expected to finalise the pilot scope, implementation roadmap, governance model and expected outcomes within the next 90 days.
Lawrence Goh, Head of Group Technology and Operations at UOB, said,
“This MoU reflects UOB’s strategic intent to build a future-ready bank through strong technology foundations, responsible AI and purposeful partnerships.
Together with FPT, we will explore practical opportunities to modernise our architecture, improve development productivity, scale AI responsibly and develop innovative solutions that can create long-term value for our customers and businesses.”
David Nguyen, CEO of FPT Asia Pacific at FPT Corporation, said,
“Together with UOB, we aim to build more scalable, AI-first models while opening stronger pathways for innovation, enterprise growth, and ecosystem connectivity across Vietnam, Singapore, and the wider region.”
FPT is headquartered in Vietnam and provides technology services across AI, cloud, data, automation and system modernisation.
The MoU brings together FPT’s technology capabilities and UOB’s regional banking network as the bank expands its use of technologies including generative and agentic AI.
The collaboration also builds on UOB’s presence in Vietnam.
Featured image: Gillian Chua, Head of Strategic Alliances and Sourcing, Group Technology and Operations, UOB (seated right) and David Nguyen, CEO of FPT Asia Pacific, FPT Corporation (seated left) signed an MoU on 29 May 2026 to advance AI, technology transformation and financial innovation. The MoU signing was witnessed by Lawrence Goh, Head of Group Technology and Operations, UOB (standing, fourth from left) and Nguyen Van Khoa, Group CEO, FPT Corporation (standing, third from left).
