Business Agreement for Startup Support between Pocket Company and Vietnam DTS Group

Pocket Company of Korea and DTS Group officially signed a business agreement on March 20 at the headquarters of Pocket Company to strengthen the discovery and support of technology-based promising startups.

Vietnam, with a dynamic young workforce of over 97 million people and a government creating a better business environment to attract technology startups, is becoming an attractive destination for foreign companies seeking market expansion. Meanwhile, technology startups constantly face many challenges during their development process, from fierce competition to difficulties in attracting investment.

For these reasons, DTS Group and Pocket Company agreed on the necessity of collaboration for startups in both countries. With the help and cooperation of both companies, enterprises can receive support ranging from resources and experience during their development process to assistance in launching projects to the market. This collaboration between the two companies is expected to create a new wave for startups seeking opportunities to develop and expand their markets in Vietnam.

Founded by Mr. Truong Gia Bao, DTS Group is a private group active in telecommunications, finance, and technology investment. DTS Group has made significant contributions to technological innovation, especially in the blockchain field, and possesses an extensive network in business, culture, and education within Vietnam.

Pocket Company, established in 2018, is Korea's largest startup specialized company builder that discovers promising startups in Korea and builds up the entire process needed for startups to enter the global market. In particular, its monthly demo day, ‘Pocket Day,’ serves as an opportunity for early-stage Korean startups to attract investment and has received great response and interest from the industry.

The signing ceremony was held on March 20, 2023, at Pocket Company’s headquarters in Seoul, attended by Pocket Company CEO Jung Kyu-jin, Advisor Mike Oh, COO Lee Hyun-sung, CTO Kwon Jung-sun, CFO Chu Sung-hoo, DTS Group Chairman Truong Gia Bao (Leon Truong), and DTS Foundation Representative Truong Gia Khanh. Notably, the event was also attended by the President of the Vietnam Information Technology Service and Software Association (Vinasa) and Mr. Truong Gia Binh, Chairman of FPT Corporation, a major company in Vietnam’s information, communication, and education sectors, to offer congratulations.

At the event, Mr. Bao said, "I am pleased to support startups in the technology sector with Pocket Company," adding, "I believe that combining DTS Group’s technological capabilities with Pocket Company’s experience in supporting startups will lead startups to success together."

Through this business agreement, DTS will become Pocket’s international partner in Vietnam, supporting promising Korean startups in entering the Vietnamese market. According to representatives of both companies, fintech and blockchain startups will be able to strengthen their competitiveness and gain unlimited development opportunities by receiving business strategy and development support necessary for global market entry.

The cooperation between DTS Group and Pocket Company promises to support startups by developing innovative solutions ranging from planning, project development, risk and financial management to promoting growth and expansion. This is evaluated as a highly beneficial opportunity for startups in Korea and Vietnam seeking strong growth opportunities.

This content was produced with the assistance of AI translation services.