On April 14, the Ministry of Finance, in coordination with the Embassy of Vietnam in China, held a Memorandum of Understanding exchange ceremony between Vietnamese and Chinese enterprises at the headquarters of the Embassy of Vietnam in Beijing. The event took place as part of the State visit to China by General Secretary and President To Lam, highlighting a shared commitment to deepening bilateral economic, investment, and business ties.
Bringing together leading enterprises from both countries, the ceremony represented an important milestone in fostering stronger cross-border collaboration. A total of 10 memoranda of understanding were exchanged by seven Vietnamese enterprises and their Chinese counterparts. SotaTek was proud to stand alongside major organizations such as Vietnam Railways, Vietnam Airlines, Vietjet Air, Sun Group, and FPT, reaffirming the growing role of Vietnamese technology companies in international cooperation.

At the ceremony, SotaTek officially exchanged a memorandum of understanding with YonYou Network Technology Co., Ltd., one of China’s leading enterprise software and digital transformation companies. The agreement focuses on cooperation in advancing digital transformation for enterprise management in Vietnam, opening up new opportunities for both sides to deliver modern technology solutions that help businesses improve governance, optimize operations, and strengthen competitiveness in an increasingly digital economy.
Representing the two companies, Mr. Luu Chung Tuyen, CEO of SOTATEK Technology JSC, and Mr. Li Zheng, Vice President of YonYou Network Technology Co., Ltd., took the stage to exchange the cooperation document. The MoU reflects a shared vision to develop digital transformation solutions for enterprise management and bring advanced technologies, management platforms, and practical expertise to the Vietnamese market.
For SotaTek, this partnership marks a strategic step in expanding its international ecosystem and deepening collaboration with global technology leaders. It also reinforces the company’s long-term commitment to supporting Vietnamese enterprises on their digital transformation journey with practical, scalable, and sustainable solutions.
With experience delivering technology and digital transformation services across multiple markets, SotaTek continues to position itself as a trusted partner for businesses seeking innovation-led growth. The newly signed MoU with YonYou is another testament to the company’s efforts to connect global knowledge, technology, and resources in ways that create meaningful value for enterprises in Vietnam.
SotaTek’s presence at this high-level MoU exchange ceremony is not only a proud milestone for the company but also a reflection of the increasing contribution of Vietnamese technology enterprises to large-scale bilateral cooperation initiatives. Moving forward, SotaTek looks forward to translating this partnership with YonYou into concrete initiatives that will support the digital transformation of enterprise management in Vietnam and further strengthen economic cooperation between Vietnam and China.
If you are looking for a technology partner to support your digital transformation, optimize operations, and strengthen your competitive advantage, contact us to co-create solutions tailored to your business.
