Icetea Software Korea and IPA Sign MOU to Foster a Korea–Vietnam IT Cooperation Ecosystem
Icetea Software Korea, the Korean branch of Vietnam’s premier IT outsourcing company, Icetea Software, has entered into a strategic Memorandum of Understanding (MOU) with the Korea IT Business Promotion Association (IPA). This partnership marks a significant step toward building a collaborative IT ecosystem between South Korea and Vietnam, focusing on technology innovation, talent exchange, and…
Icetea Software Korea, the Korean branch of Vietnam’s premier IT outsourcing company, Icetea Software, has entered into a strategic Memorandum of Understanding (MOU) with the Korea IT Business Promotion Association (IPA). This partnership marks a significant step toward building a collaborative IT ecosystem between South Korea and Vietnam, focusing on technology innovation, talent exchange, and enterprise digital transformation
Strengthening Bilateral Digital Cooperation
The MOU was officially signed on April 29 at the IPA headquarters in Gangnam, Seoul. With this agreement, the two organizations aim to foster a mutually beneficial partnership that leverages Vietnam’s growing IT capabilities and South Korea’s dynamic business environment. The collaboration is expected to bridge technical expertise, create new business opportunities, and establish a sustainable IT development model that supports the needs of both Korean companies and Vietnamese tech professionals.
Key Objectives and Initiatives
Under the terms of the agreement, Icetea Software Korea and IPA will work together on the following initiatives:
- Establishment of a Global Development Center (GDC): The GDC will serve as a collaborative platform for Korean enterprises to access high-quality IT resources. By utilizing visa programs designed to support employment for Vietnamese engineers in Korea, both parties aim to alleviate the talent shortage faced by Korean SMEs in the tech sector.
- Co-hosting Web2 and Web3 Programs: The two organizations will jointly organize technical workshops, industry forums, and hackathons that cover both traditional (Web2) and next-generation (Web3) technologies. These events are expected to drive innovation, encourage cross-border networking, and promote the adoption of new digital tools.
- Digital Transformation Support for IPA Members: Icetea Software Korea will contribute its technological expertise to assist IPA in enhancing its member support platform, helping small and mid-sized Korean businesses embrace digital transformation more efficiently.
A Shared Vision for Growth and Innovation
This MOU reflects a broader vision of linking two of Asia’s most dynamic economies through a shared commitment to digital innovation and international cooperation. With Korea seeking agile, cost-effective IT solutions and Vietnam becoming a rising powerhouse in software development and digital services, this partnership arrives at a strategically opportune time.
Icetea Software Korea brings to the table a team of over 500 experienced software engineers and developers, backed by deep expertise in areas such as full-stack web and mobile app development, cloud infrastructure, blockchain integration, and artificial intelligence.
Leadership Perspectives
Mr. Choi Tae-rim, Executive Vice Chairman of IPA, emphasized the strategic nature of the collaboration:
“Through our partnership with Icetea Software Korea, we are opening a new channel for Korean companies to connect with Vietnam — a fast-growing digital hub in Southeast Asia. With over 50,000 IT professionals being mobilized each year, Vietnam offers a strong value proposition in terms of cost efficiency and skilled talent.”
Ms. Won Hye-young, CEO of Icetea Software Korea, echoed this sentiment and emphasized the long-term vision:
“This MOU is more than a business agreement — it is a symbol of cooperation between two digital ecosystems. Our goal is to co-create success models where Korean companies can scale quickly with the technical precision, responsiveness, and category-specific solutions we provide. We look forward to growing together.”
About IPA (Korea IT Business Promotion Association)
IPA is a non-profit organization dedicated to promoting the growth of South Korea’s IT industry. By supporting small and medium-sized enterprises, facilitating international partnerships, and promoting digital transformation, IPA plays a central role in advancing Korea’s position in the global tech landscape.
About Icetea Software Korea
Icetea Software Korea is a subsidiary of Icetea Software, headquartered in Hanoi, Vietnam. The company specializes in custom software development, cloud and DevOps solutions, and emerging technologies including blockchain and AI. Icetea Software Korea acts as a bridge between Vietnam’s engineering talent and the Korean market, offering scalable solutions to enterprises of all sizes.