Companies

IPTP Networks and Velo Technologies forge partnership with MoU

IPTP Networks and Velo Technologies solidified their collaboration by signing a Memorandum of Understanding (MoU) at IPTP Networks’ office in Ho Chi Minh City, Vietnam. This agreement signifies a strengthened partnership aimed at fostering innovation and growth across Southeast Asia, Hong Kong, Euro…

IPTP Networks and Velo Technologies forge partnership with MoU

Headline

IPTP Networks and Velo Technologies solidified their collaboration by signing a Memorandum of Understanding (MoU) at IPTP Networks’ office in Ho Chi Minh City, Vietnam. This agreement signifies a strengthened partnership aimed at fostering innovation and growth across Southeast…

Context

IPTP Networks and Velo Technologies solidified their collaboration by signing a Memorandum of Understanding (MoU) at IPTP Networks’ office in Ho Chi Minh City, Vietnam. This agreement signifies a strengthened partnership aimed at fostering innovation and growth across Southeast Asia, Hong Kong, Europe, and the United States. Also read: Vietnam’s leader Lam set to meet Google and Meta in the US

Evidence

Pending intelligence enrichment.

Analysis

The MoU highlights the synergy between the two companies, with Velo Technologies playing a crucial role in supporting IPTP’s expansion in Malaysia. In turn, IPTP Networks commits to backing Velo’s forthcoming projects in Vietnam. Together, they aim to unlock transformative opportunities and deliver innovative solutions to businesses in these key markets. Also read: Interview with Ben Chin, Founder & CEO at Velo Technologies: Empowering Malaysia’s digital ecosystem Also read: Interview with Vladimir Kangin, CEO at IPTP Networks, and a 28-year voyage from USSR to Cyprus The signing ceremony was attended by prominent leaders: Mr. Ben Chin, CEO and Founder of Velo Technologies; Ms. Kim Luu, Managing Director of IPTP Networks; Mr. Vladimir Kangin, CEO and Co-Founder of IPTP Networks; and Mr. Ridzuan Ishak, Senior Manager of Velo Technologies. Their shared vision of global connectivity and innovation has been instrumental in driving this partnership forward.

Key Points

  • IPTP Networks and Velo Technologies signed an MoU, strengthening their collaboration across Southeast Asia, Hong Kong, Europe, and the US.
  • The partnership focuses on delivering innovative solutions in Global Connectivity, IT Outsourcing, and Data Centre Services for businesses worldwide.
  • Key leaders from both companies emphasised a shared vision of collaboration, enhancing growth opportunities in Malaysia and Vietnam.

Actions

Pending intelligence enrichment.

Author

Cassie Gong