MANILA, Philippines – Publicly listed firm IPVG Corp. said it has signed a partnership with CMC Telecommunications Services (or CMC Telecom) to offer IT services in Vietnam.

Hanoi-based CMC Telecom already provides telecoms and business process outsourcing (BPO) services.

In previous interviews, IPVG chief executive Enrique Gonzalez said the company, which has subsidiaries engaged in data center services and BPO, is expanding in the region including Vietnam.

By partnering with a local player, Gonzalez said this gives IPVG access to both local and multinational companies in Vietnam.

The partnership will have several areas of implementation, IPVG said in a disclosure. For the BPO operations, the parties will enter a lease agreement for facilities owned by CMC Telecom.

The two companies will also form a joint venture company providing knowledge process outsourcing or KPO services targeted at banks and financial services customers using industry solutions from Credence Analytics, a partner of IPVG.

IPVG and CMC Telecom will also focus on the provisioning of bandwidth and International Private Leased Circuits (IPLC) for customers with multiple sites globally.