PM witnesses strategic agreement between Vietnamese and Danish enterprises

CMC Corporation from Vietnam signed a strategic agreement with a Danish partner in the presence of Prime Minister Nguyen Xuan Phuc.

Accordingly, Approxima will be responsible for expanding CMC’s business in European markets such as Scandinavia, Denmark, Germany and Russia which are areas where Ciber-CMC (a member company of CMC Corporation) is aiming for the top position as a SAP (total enterprise solutions for 25 vertical industries inclusive of government, banking, automotive, oil and gas,...) provider.

Approxima is expected to tap into the digital convergence market for businesses with a market size of hundreds of millions of euros, aiming at earning 100 million euros from the European market in 2023. In addition, Approxima will also share its methods and experience to promote Ciber-CMC’s growth, supporting Ciber-CMC to meet international capacity requirements in service delivery.

This also matches CMC’s "Go Global" strategy with the goal of exporting software, ICT services and products to the global market.

Director of Approxima, Lars Damgaard, said the reason they chose Ciber-CMC to deploy SAP solutions in the Nordic market as well as throughout Europe is that they want to increase the power of Approxima to meet the ever-increasing demand for SAP solutions.

"With abundant human resources and the goal of delivering the SAP solutions on the cloud computing platform of Ciber-CMC, we completely believe in the success of the strategic partnership between CMC and Approxima," he said.

Prime Minister Nguyen Xuan Phuc congratulates CMC Chairman Nguyen Trung Chinh. Photo courtesy of the CMC Corporation

For his part, Nguyen Trung Chinh, chairman/CEO of CMC Corporation also expressed optimism in the agreement.

"CMC Corporation has a strategic goal of reaching out to the global market with the best IT and telecommunications products to meet world standards. In fact, we have been present in 21 countries, including Japan, South Korea, Singapore, Australia, New Zealand, and we are expanding to international markets including the US and Europe. Through this cooperation with Approxima, we are confident that CMC will make a strong move in the European market."

With 25 years of development, CMC has been providing ICT products and services for major partners from multinational corporations in 21 countries such as Japan, Korea, the US and Singapore. CMC has consulted and implemented SAP ERP system for Honda Vietnam, AEON IBS, provided telecommunications services for NTT Communications, Samsung, and AT&T.

Ciber-CMC is a leading consulting company delivering professional implementation services in SAP’s enterprise resource planning (ERP) solution and Microsoft Dynamics customer relationship management (CRM) solution.

Approxima is a leading SAP consultant in Denmark with many years of experience in consulting and deploying SAP solutions for medium and large organizations.