FPT Group

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Not to be confused with FPT Industries, an American aerospace engineering company.

FPT (FPT:VN) is a multinational information technology company of Vietnam with branches in 14 countries. It is one of Vietnam's leading conglomerates,[1] based in Hà Nội and has branches in Ho Chi Minh and Da Nang. FPT affiliate companies are active in software outsourcing, telecommunications, property, education and financial services.

About FPT

Founded on September 13, 1988, with nearly 26 years of development, FPT has been the leading Information Technology company in Vietnam with revenue of more than $1.36 billion (financial statement 2013), creating more than 19,896 jobs for the society. The company’s market capitalization (as of Feb 28 2014) reached VND 17,608 billion, being one of the largest private enterprises in Vietnam (ranked by Vietnam Report 500).

Through conducting core businesses in the fields of information technology and telecommunications, FPT has been providing services to fifty seven out of sixty three cities and provinces of Vietnam and continued expanding its business to the global market. FPT has had clients or opened representative offices and companies in 17 countries including Vietnam, Laos, Cambodia, America, Japan, Singapore, Germany, Myanmar, France, Malaysia, Australia, Thailand, United Kingdom, Philippines, Kuwait, Bangladesh and Indonesia. FPT has intensive experience of establishing and implementing large scale business models. After nearly twenty six years, FPT is the first company in Vietnam specializing in Software Development, System Integration, IT Services, Distribution and Manufacturing of IT products, and Retails. In the telecommunications sector, FPT is one of the three biggest Internet services providers in Vietnam. In regard to content development, FPT is now the No. 1 online advertising company in Vietnam, owning an e-newspaper with more than 42 million page views per day, which is equal to the number of Internet users in Vietnam. In addition, FPT is one of the best IT training service providers in Vietnam with college and vocational training system, attracting nearly 16,000 students.

FPT has chosen technology as the foundation to reach new level of productivity. Each FPT employee is required to work creatively and flexibly to grasp new opportunities, applying and innovating technology to realize the OneFPT strategy which aims to turn FPT into the Vietnamese Leading Global Corporation.

Vision

“FPT strives to be a company guided by technological innovations, committed to the highest level of customer satisfaction, contributing to national prosperity and providing its employees with the most favorable work environment possible, enabling them to reach their full potential in their professional careers as well as their spiritual lives”.

Foundation and development

Founded on September 13, 1988, FPT has been keeping the number one position in information technology and telecommunications in Vietnam, operating primarily in telecommunications, content development, software development, IT services and education.

[2] the list is compiled on the basis of revenue, growth and other economic factors.

History[edit]

FPT was founded on September 13, 1988, and was initially named The Food Processing Technology Company. The contract to provide computers for the Russian Academy of Sciences and partnership with Olivetti in 1989 were the foundation of the later IT department. On October 27, 1990, the company was renamed to The Corporation for Financing and Promoting Technology to focus on IT businesses. FPT to reach big projects in and out of the country.

1996: Becoming the No. 1 IT company in Vietnam FPT confirmed its No. 1 position in IT industry of Vietnam after eight years of development. FPT has been continuously voted the most prestigious IT company in Vietnam by PC World.

1999: Globalization Software Outsourcing Center (currently known as FPT Software) was founded in late 1999 to export software to Europe, North America and Japan. FPT representative offices in Bangalore (India) and the United States were opened in 1999 and 2000, respectively.

2002 - 2006: Being listed in Vietnam Stock Exchange On March2002, FPT underwent equitization. On December 13, 2006, FPT stock was officially listed on the Ho Chi Minh City Stock Trading Center (currently known as Ho Chi Minh City Stock Exchange.– HOSE).

2008: Achieving record revenue of US$1 billion FPT gained constant growth rate of over 50% per year since 2002 and achieved the record revenue of US$ 1 billion in 2008. In 2008, the company was renamed to FPT Corporation, reconfirming its core businesses in telecommunications, content industry and IT services.

2010: Enhancing brand recognition system, penetrating into the mass market This was the first time in twenty years of history, FPT has progressively enhanced its brand recognition system. This is significant starting point for its strategy to enter the mass market.

2011: Igniting OneFPT strategy – “FPT to be the Vietnamese Leading Global Corporation” The OneFPT strategy was approved with a clearly defined 13-year- roadmap (2011-2024), focusing on technology development and achievement of the goal “FPT to be the Vietnamese Leading Global Corporation” so that the company would be listed in the Top 500 of Forbes Global 2000 by 2024.

2012 : Investing in researches on new technology trends and IT solutions as infrastructure of infrastructure Big Data is one of the development focuses by FPT. The Group has invested in researches on new technology trends including Mobility, Cloud, Big Data and IT solutions as infrastructure of infrastructure including e-government, Smart transportation and Smart Health. FPT Germany was opened in November 2012.

2014: Being present in 17 countries FPT has had clients or opened representative offices and companies in 17 countries including Vietnam, Laos, Cambodia, America, Japan, Singapore, Germany, Myanmar, France, Malaysia, Australia, Thailand, United Kingdom, Philippines, Kuwait, Bangladesh and Indonesia. FPT Software became the first Vietnamese IT enterprise to be listed in the top 500 software companies worldwide. For the second consecutive year, FPT Software was listed in the Top 100 Global Service Providers 2013 by the International Association of Outsourcing Professionals (IAOP). FPT Shop now possesses fifty showrooms across the nation. [3][4]

Business[edit]

See also[edit]

References[edit]


External links[edit]

FPT companies

Corporate research