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SOVICO Group and Tech Mahindra Limited to cooperate in business development and ICT technologies


(New Dehli – India, 17/12/2021) – On the occasion of the official visit to India of H.E Vuong Dinh Hue - Chairman of the National Assembly of Vietnam from December 17 – 19, 2021, SOVICO Group and Tech Mahindra Limited signed an Memorandum of Understanding for the advancement of business opportunities with a focus of ICT solutions and services in aviation, banking and insurance, retail, and other ICT opportunies such as asset and resource management, IOT, machine learning, blockchain, and data science.

Mr. Pham Khac Dung – Vice President of SOVICO Group said, We are pleased to announce the cooperation between the two parties today, hoping to bring great strides in research, development and application of technology to serve the goal of building a digital economy in Vietnam and the international integration. This program will soon help SOVICO optimize our customers’ experience based on a wide range of premium services and products.”

Anuj Bhalla, President – APJI SBU – Enterprise, Tech Mahindra said, “Our partnership with SOVICO Group is a milestone in our journey towards empowering comprehensive digital transformation solutions for our customers. The partnership is aimed at significantly enhancing SOVICO’s IT roadmap and digital readiness by modernizing and automating their core operations and infrastructure solutions, thereby enabling advancement of business opportunities.  We look forward to a strategic relationship with SOVICO to drive innovation in the technology ecosystem.”

Tech Mahindra believes in DigitALL philosophy for comprehensive Business Transformation. Digital technologies catalyze the transformations – they humanize businesses by helping them think, sense, connect, communicate, secure and act better than before. As part of NXT.NOWTM framework, which aims to enhance ‘Human Centric Experience’, Tech Mahindra focuses on investing in emerging technologies and solutions that enable digital transformation and meet the evolving needs of the customer.

Sovico Group is a leading investment group in Vietnam which operates under a vision of supplying internationally quality products and services in banking and finance, aviation, and the industrial sector to meet customers’ demands and to integrate into global economy.