Rikkeisoft Plans To Invest Up To $30 Million In The U.S. By 2026

Rikkeisoft, Vietnam's largest private technology company, has announced a strategic commitment to invest up to $30 million in the United States over the next three years. The investment will focus on technology human resource development, infrastructure expansion, and planned mergers and acquisitions (M&A).

The announcement was made by Mr. Tung Bui, Senior Executive Vice President of Rikkeisoft and CEO of RKTech (Rikkeisoft's U.S. subsidiary), during the Vietnam and United States Business Forum in San Francisco. The investment, starting at $2 million in 2023 and expected to reach $30 million by 2026, will create numerous tech-focused job opportunities in the U.S., positioning Rikkeisoft among billion-dollar technology companies within five years.

RKTech, established in Dallas in 2023, aims to provide high-quality IT solutions and services to American businesses. This investment is not only a financial commitment but also a solution to the talent shortage in the U.S. tech industry, leveraging Vietnam's skilled and cost-effective tech workforce.

Rikkeisoft's Chairman, Mr. Tung Ta, sees the U.S. market as a strategic investment that can significantly contribute to the company's goal of becoming a global technology services firm with a market capitalization of $1 billion.

Rikkeisoft is actively involved in AI research, particularly in facial and voice recognition, and is expanding its subsidiary, Rikkei Academy, to educate future Vietnamese IT engineers. The establishment of RKTech and long-term investments in the U.S. are pivotal steps towards achieving Rikkeisoft's IPO target in 2028.

More Information : https://www.techdogs.com/tech-news/business-wire/rikkeisoft-plans-to-invest-up-to-30-million-in-the-us-by-2026

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