Jump to content

FPT Corporation: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
m Filled in 4 bare reference(s) with reFill 2
(41 intermediate revisions by 26 users not shown)
Line 4: Line 4:
| name = FPT Corporation
| name = FPT Corporation
| logo = FPT logo 2010.svg
| logo = FPT logo 2010.svg
| type = Corporation
| type = Joint-stock company
| industry = [[Information technology]], [[communications]]
| industry = [[Information technology]], [[communications]], [[education]]
| key_people = [[Trương Gia Bình]] (Chairman)
| key_people = [[Trương Gia Bình]] (Chairman)
Nguyen Van Khoa (CEO)
Nguyen Van Khoa (CEO)
| products = Technology (IT solutions and services); Telecommunications (telecommunications services, FPT TV and digital content services); Training (from primary to post graduate)
| products = Technology (IT solutions and services); Telecommunications (telecommunications services, FPT TV and digital content services); Training (from primary to post graduate)
| revenue = {{up}} 27,717 billion VND (2019)
| revenue = {{up}} 35,657 billion VND (đ) (2021)
| num_employees = 28,781 people (2019)
| num_employees = 37,100 people (2021)
| parent =
| parent =
| foundation = September 13, 1988
| foundation = September 13, 1988
| location = FPT Building, No 17 Duy Tan, Cau Giay, [[Hanoi, Vietnam]]
| location = FPT Tower, No. 10 Pham Van Bach, [[Cau Giay]], [[Hanoi]], [[Vietnam]]
| homepage = {{URL|https://fpt.com.vn/en/}}
| homepage = {{URL|https://fpt.com.vn/en/}}
| traded_as = [[Ho Chi Minh City Stock Exchange|HOSE]]:FPT
| traded_as = {{HOSE|FPT}}
}}
}}


'''FPT''', officially the '''FPT Corporation''' ({{Lang-vi|Công ty Cổ phần FPT|lit=FPT Joint Stock Company}}; "FPT" stands for '''''F'''inancing and '''P'''romoting '''T'''echnology''), is the largest [[information technology]] service company in [[Vietnam]] with its [[core business]] focusing on consulting, providing technology and telecommunications services.
'''FPT''' ('''FPT Group'''), former The Corporation for '''F'''inancing and '''P'''romoting '''T'''echnology (FPT for short), is the largest [[information technology]] service company in [[Vietnam]] with its [[core business]] focusing on the provision of ICT-related [[Service (economics)|services]]. According to the [[United Nations Development Programme]], it was the 14th largest company in Vietnam in 2007.<ref>{{Cite web|url=http://www.un.org.vn/en/component/docman/cat_view/126-un-publications-by-agency/90-undp-publications.html|title=The United Nations Development Programme 2007, “Top 200: Industrial Strategies of Viet Nam's Largest Firms”. Retrieved 14 January 2008.}}</ref> According to Vietnam Report 2012, this was the 3rd biggest enterprise in Vietnam.<ref>[http://www.vnr500.com.vn/ VNR500. Retrieved 10 June 2014]</ref> The criterion for the Vietnam Report's ranking is those with private equity of 51% or more.<ref>{{Cite web|url=http://english.vietnamnet.vn/fms/business/148319/vietnam-s-top-500-firms-in-2015-named.html|title=Vietnam's top 500 firms in 2015 named - News VietNamNet|website=english.vietnamnet.vn}}</ref> In 2019, FPT's revenue reached VND 27,717 billion, an increase of 19.4% compared to 2018; Pre-tax profit reached VND 4,665 billion, up 20,9% compared to 2018. Revenue and profit from foreign markets grew high, up 41% year-on-year.


== History ==
== History ==
Line 26: Line 26:


In 1998, FPT became one of the four leading [[Internet service provider]]s in Vietnam to create a breakthrough in this field.
In 1998, FPT became one of the four leading [[Internet service provider]]s in Vietnam to create a breakthrough in this field.

FPT has been put into operation under the model of a joint stock company since 2002.


On September 8, 2006, the [[FPT University]] was founded under FPT, becoming the first licensed cooperate university. Key people of the university were Dr. Le Truong Tung - the first dean and Associate Professor Truong Gia Binh - the chairman of the board.<ref>[http://sggpnews.org.vn/education/fpt-university-receives-licence-26194.html "FPT University receives licence". ''Vietnamnet Bridge''. Vietnam News Agency. 2006-09-28. Retrieved 2008-01-13].</ref>
On September 8, 2006, the [[FPT University]] was founded under FPT, becoming the first licensed cooperate university. Key people of the university were Dr. Le Truong Tung - the first dean and Associate Professor Truong Gia Binh - the chairman of the board.<ref>[http://sggpnews.org.vn/education/fpt-university-receives-licence-26194.html "FPT University receives licence". ''Vietnamnet Bridge''. Vietnam News Agency. 2006-09-28. Retrieved 2008-01-13].</ref>


On October 24, 2006, FPT announced its decision to issue additional shares to two strategic investors, Texas Pacific Group (TPG) and Intel Capital. FPT received an investment of $36.5 million through TPG Ventures and Intel Capital.<ref>{{Cite web|url=https://www.reuters.com/article/tech-fptcorp-idUKN2338399020061023|title=TPG, Intel Capital invest in Vietnam's FPT Corp.|first=Reuters|last=Staff|date=October 23, 2006|via=www.reuters.com}}</ref>
On October 24, 2006, FPT announced its decision to issue additional shares to two strategic investors, Texas Pacific Group (TPG) and Intel Capital. FPT received an investment of $36.5 million through TPG Ventures and Intel Capital.<ref>{{Cite web|url=https://www.reuters.com/article/tech-fptcorp-idUKN2338399020061023|title=TPG, Intel Capital invest in Vietnam's FPT Corp.|author=Reuters Staff|date=October 23, 2006|via=www.reuters.com}}</ref>


On November 18, 2006, [[Microsoft]] and FPT signed a strategic alliance agreement.<ref>[http://vietnamnews.vn/economy/159329/microsoft-fpt-sign-strategic-partnership.html#bsAKwSpAz6GojUJf.97 "Microsoft, FPT sign strategic partnership. ''Vietnamnews.'' November 19th 2006.]</ref>
On November 18, 2006, [[Microsoft]] and FPT signed a strategic alliance agreement.<ref>[http://vietnamnews.vn/economy/159329/microsoft-fpt-sign-strategic-partnership.html#bsAKwSpAz6GojUJf.97 "Microsoft, FPT sign strategic partnership. ''Vietnamnews.'' November 19th 2006.]</ref>
Line 43: Line 45:
On July 31, 2013, the board of directors of FPT Corporation approved the appointment of Mr. Bui Quang Ngoc, Ph.D. in database, to replace Mr. Truong Gia Binh as FPT's general director. Mr. Bui Quang Ngoc is one of the founding members and currently vice chairman of FPT.<ref>[http://www.vir.com.vn/fpt-appoints-new-ceo.html "FPT appoints new CEO"''. Vietnam Investment Review.'' August 2nd 2013.]</ref>
On July 31, 2013, the board of directors of FPT Corporation approved the appointment of Mr. Bui Quang Ngoc, Ph.D. in database, to replace Mr. Truong Gia Binh as FPT's general director. Mr. Bui Quang Ngoc is one of the founding members and currently vice chairman of FPT.<ref>[http://www.vir.com.vn/fpt-appoints-new-ceo.html "FPT appoints new CEO"''. Vietnam Investment Review.'' August 2nd 2013.]</ref>


In 2014, FPT was the first IT company in Vietnam to acquire a foreign IT company, RWE IT Slovakia (a member of RWE, a European leading energy corporation).<ref>[http://english.vov.vn/market/fpt-strikes-first-ma-deal-in-slovakia-277907.vov "FPT strikes first M&A deal in Slovakia" VOV. The voice of Vietnam. June 19th 2014.]</ref>
In 2014, FPT was the first IT company in Vietnam to acquire a foreign IT company, RWE IT Slovakia (a member of RWE, a European leading energy corporation).<ref>{{Cite news|url=http://english.vov.vn/market/fpt-strikes-first-ma-deal-in-slovakia-277907.vov|title=FPT strikes first M&A deal in Slovakia|work=[[Voice of Vietnam]]|date=June 19, 2014}}</ref>


In August 2017, FPT transferred 30% of its ownership in FPT Retail to Vina Capital and Dragon Capital, reducing its stake in FPT Retail to 55%.<ref>{{Cite web|url=https://www.reuters.com/article/fpt-sale-idUSL4N1KX2OO|title=CORRECTED-Vietnam's FPT sells 30 pct of subsidiary to investment funds|first=Reuters|last=Staff|date=August 11, 2017|via=www.reuters.com}}</ref>
In August 2017, FPT transferred 30% of its ownership in FPT Retail to Vina Capital and Dragon Capital, reducing its stake in FPT Retail to 55%.<ref>{{Cite web|url=https://www.reuters.com/article/fpt-sale-idUSL4N1KX2OO|title=CORRECTED-Vietnam's FPT sells 30 pct of subsidiary to investment funds|author=Reuters Staff|date=August 11, 2017|via=www.reuters.com}}</ref>


In September 2017, FPT transferred 47% of its ownership in FPT Trading to Synnex Corporation (Taiwan), reducing its stake in FPT Trading to 48%.<ref>[http://english.thesaigontimes.vn/56111/Synnex-owns-47-of-FPT-Trading.html "Synnex owns 47% of FPT Trading"] {{Webarchive|url=https://web.archive.org/web/20171010160259/http://english.thesaigontimes.vn/56111/Synnex-owns-47-of-FPT-Trading.html |date=2017-10-10 }}. ''The Saigon Times.'' September 13th 2017.</ref>
In September 2017, FPT transferred 47% of its ownership in FPT Trading to Synnex Corporation (Taiwan), reducing its stake in FPT Trading to 48%.<ref>[http://english.thesaigontimes.vn/56111/Synnex-owns-47-of-FPT-Trading.html "Synnex owns 47% of FPT Trading"] {{Webarchive|url=https://web.archive.org/web/20171010160259/http://english.thesaigontimes.vn/56111/Synnex-owns-47-of-FPT-Trading.html |date=2017-10-10 }}. ''The Saigon Times.'' September 13th 2017.</ref>
Line 53: Line 55:
In March 2019, FPT appointed Mr. Nguyen Van Khoa - Executive Vice President of FPT and CEO of FPT Information System - to take the position of FPT's CEO, replacing Mr. Bui Quang Ngoc at the end of his term.<ref>{{Cite web|url=http://vneconomictimes.com/article/business/fpt-appoints-new-ceo|title=FPT appoints new CEO|website=vneconomictimes.com|access-date=2019-05-02}}</ref>
In March 2019, FPT appointed Mr. Nguyen Van Khoa - Executive Vice President of FPT and CEO of FPT Information System - to take the position of FPT's CEO, replacing Mr. Bui Quang Ngoc at the end of his term.<ref>{{Cite web|url=http://vneconomictimes.com/article/business/fpt-appoints-new-ceo|title=FPT appoints new CEO|website=vneconomictimes.com|access-date=2019-05-02}}</ref>


In May 2021, FPT acquired Base.vn, a SaaS start-up.<ref>{{Cite news |date= |title=FPT acquires Alpha JWC-backed Vietnamese SaaS startup Base.vn |work=Tech in Asia |url=https://www.techinasia.com/fpt-software-acquires-alpha-jwcbacked-vietnamese-saas-startup-basevn |access-date=}}</ref>
⚫
== Organizational structure ==
Up to now, FPT has had a system of 46 offices in 22 countries around the world, and the telecommunications infrastructure covers 59/63 provinces and cities in Vietnam. The Company is headquartered in FPT Building, No 17 Duy Tan Street, Cau Giay District, Hanoi with 7 subsidiaries and 4 associates.


In July 2021, FPT invested in Intertec International.<ref>{{Cite news |title=FPT Software Invests In A Technology Company In The Americas |url=https://fpt.com.vn/en/news/press-media/fpt-software-invests-in-a-technology-company-in-the-americas}}</ref>
⚫
'''7 Subsidiaries:'''

In August 2021, FPT launched eCovax – the digital “vaccine” program that helps businesses respond – recover – thrive in Covid-19.<ref>{{Cite news |title=FPT Launches "Digital Antibodies" eCovax, Helping Businesses Overcome COVID-19 Challenges with Technologies |url=https://www.fpt-software.com/fpt-launches-digital-antibodies-ecovax-helping-businesses-overcome-covid-19-challenges-with-technologies/}}</ref>

On September 16, 2021, FPT's Chairman Truong Gia Binh initiated the idea of building a school for children who lost their parents due to COVID-19.<ref>{{Cite news |title=200 Hope School Students Celebrated The Start Of The New Academic Year 2022-2023 |url=https://fpt.com.vn/en/news/press-media/200-hoc-sinh-hope-school-buoc-vao-nam-hoc-moi}}</ref>

FPT has strengthened its presence in 27 countries by opening a second office in New York in May 2022 and the first representative office in Northern Europe in Copenhagen, Denmark in September 2022.

In September 2022, Deputy Prime Minister of Singapore Heng Swee Keat visited FPT with the aim of promoting partnership and cooperation of private sector enterprises between Vietnam and Singapore.<ref>{{Cite news |title=Singapore's Deputy Prime Minister Visited FPT Software Campus And Boosted Investment In Vietnam |url=https://fpt.com.vn/en/news/press-media/pho-thu-tuong-singapore-tham-campus-fpt-software-thuc-day-dau-tu-vao-viet-nam}}</ref>

In October 2022, FPT invested in Japanese business consulting services provider LTS Inc., becoming its strategic shareholder.<ref>{{Cite news |title=FPT Invests In LTS INC. Inc., Strengthening Consulting Capabilities In Japan |url=https://fpt.com.vn/en/news/press-media/fpt-tro-thanh-co-dong-chien-luoc-cua-lts-inc-nhat-ban}}</ref>

In April 2024 it partnered with American tech company [[Nvidia]] to build an AI ([[artificial intelligence]]) factory.<ref>{{cite news |title=Vietnam’s FPT to set up U$200 million AI factory using Nvidia chips |url=https://www.itnews.asia/news/vietnams-fpt-to-set-up-u200-million-ai-factory-using-nvidia-chips-607367 |work=iTnews Asia}}</ref>

⚫
== Organizational structure ==
⚫
'''8 Subsidiaries:'''
* [[FPT Software]]
* [[FPT Software]]
* FPT Information System
* FPT Information System
Line 64: Line 80:
* FPT Investment
* FPT Investment
* FPT Smart Cloud
* FPT Smart Cloud
⚫
* FPT Digital
'''4 Associates:'''
'''2 Associates:'''
* Synnex FPT
* Synnex FPT
* FPT Retail
* FPT Retail
*FPT Securities
⚫
* FPT Capital


==Business sectors==
==Business sectors==
Line 74: Line 89:
* Telecommunications: Telecom services; [[Digital content]]
* Telecommunications: Telecom services; [[Digital content]]
* Education: From K1-K12; [[Vocational school]]; [[Undergraduate education]]; [[Postgraduate education]]; International affiliate programs and [[Online training]]
* Education: From K1-K12; [[Vocational school]]; [[Undergraduate education]]; [[Postgraduate education]]; International affiliate programs and [[Online training]]

==Achievements==

=== National level ===
* Top 10 largest private enterprises in Vietnam
* No. 1 in the field of system integration; IT services, online advertising in Vietnam
* No. 2 in fixed broadband internet access services in Vietnam ( Vietnam ICT White Paper 2014 released by the Ministry of Information and Communications)
* The first university in Vietnam to be awarded a 3-star ranking by the [[QS World University Rankings]] for three consecutive terms

=== International level ===
* Top 100 Global Service Providers by IAOP
* Top 300 Asian Enterprises by [[The Nikkei|Nikkei]]
* Top 130 Best Companies to Work for in Asia


==References==
==References==
{{reflist}}
{{reflist}}


* {{Commons category-inline}}
==External link==

{{Commonscatinline}}
[[Category:Technology companies established in 1988]]
[[Category:1988 establishments in Vietnam]]
[[Category:Companies listed on the Ho Chi Minh City Stock Exchange]]
[[Category:Companies listed on the Ho Chi Minh City Stock Exchange]]
[[Category:Companies in the VN30 Equal Weight Index]]
[[Category:Companies based in Hanoi]]
[[Category:Companies based in Hanoi]]
[[Category:Information technology companies of Vietnam]]
[[Category:Information technology companies of Vietnam]]

Revision as of 22:05, 31 August 2024

Not to be confused with FPT Industries, an American aerospace engineering company.
FPT Corporation
Company typeJoint-stock company
HOSE: FPT
IndustryInformation technology, communications, education
FoundedSeptember 13, 1988
HeadquartersFPT Tower, No. 10 Pham Van Bach, Cau Giay, Hanoi, Vietnam
Key people
Trương Gia Bình (Chairman) Nguyen Van Khoa (CEO)
ProductsTechnology (IT solutions and services); Telecommunications (telecommunications services, FPT TV and digital content services); Training (from primary to post graduate)
RevenueIncrease 35,657 billion VND (đ) (2021)
Number of employees
37,100 people (2021)
Websitefpt.com.vn/en/

FPT, officially the FPT Corporation (Vietnamese: Công ty Cổ phần FPT, lit. 'FPT Joint Stock Company'; "FPT" stands for Financing and Promoting Technology), is the largest information technology service company in Vietnam with its core business focusing on consulting, providing technology and telecommunications services.

History

On September 13, 1988, the director of the National Institute of Technology Research signed a decision to establish The Food Processing Technology Company (FPT's original name), operating in the fields of drying technology, information technology and automation technology.

On October 27, 1990, the company was renamed The Corporation for Financing and Promoting Technology (FPT for short), specializing in information technology.

In 1998, FPT became one of the four leading Internet service providers in Vietnam to create a breakthrough in this field.

FPT has been put into operation under the model of a joint stock company since 2002.

On September 8, 2006, the FPT University was founded under FPT, becoming the first licensed cooperate university. Key people of the university were Dr. Le Truong Tung - the first dean and Associate Professor Truong Gia Binh - the chairman of the board.[1]

On October 24, 2006, FPT announced its decision to issue additional shares to two strategic investors, Texas Pacific Group (TPG) and Intel Capital. FPT received an investment of $36.5 million through TPG Ventures and Intel Capital.[2]

On November 18, 2006, Microsoft and FPT signed a strategic alliance agreement.[3]

On December 13, 2006, FPT stock was listed on the Ho Chi Minh City Stock Exchange (HOSE).

On December 19, 2008, FPT Corporation was approved to change its name from "The Corporation for Financing and Promoting Technology" to "FPT Corporation".

On December 24, 2008, FPT Corporation announced a decision to appoint Mr. Nguyen Thanh Nam as the CEO of FPT Group, replacing Mr. Truong Gia Binh. Mr. Nguyen Thanh Nam is a founding member of FPT Corporation, Chairman of FPT Software (FSOFT).

In February 2011, the board of directors of FPT Corporation issued a resolution appointing Mr. Truong Dinh Anh as general director to replace Mr. Nguyen Thanh Nam.[4]

On July 31, 2013, the board of directors of FPT Corporation approved the appointment of Mr. Bui Quang Ngoc, Ph.D. in database, to replace Mr. Truong Gia Binh as FPT's general director. Mr. Bui Quang Ngoc is one of the founding members and currently vice chairman of FPT.[5]

In 2014, FPT was the first IT company in Vietnam to acquire a foreign IT company, RWE IT Slovakia (a member of RWE, a European leading energy corporation).[6]

In August 2017, FPT transferred 30% of its ownership in FPT Retail to Vina Capital and Dragon Capital, reducing its stake in FPT Retail to 55%.[7]

In September 2017, FPT transferred 47% of its ownership in FPT Trading to Synnex Corporation (Taiwan), reducing its stake in FPT Trading to 48%.[8]

In July 2018, FPT acquired 90% stake in Intellinet Consulting (Intellinet), one of the fastest growing technology consulting companies in the US.

In March 2019, FPT appointed Mr. Nguyen Van Khoa - Executive Vice President of FPT and CEO of FPT Information System - to take the position of FPT's CEO, replacing Mr. Bui Quang Ngoc at the end of his term.[9]

In May 2021, FPT acquired Base.vn, a SaaS start-up.[10]

In July 2021, FPT invested in Intertec International.[11]

In August 2021, FPT launched eCovax – the digital “vaccine” program that helps businesses respond – recover – thrive in Covid-19.[12]

On September 16, 2021, FPT's Chairman Truong Gia Binh initiated the idea of building a school for children who lost their parents due to COVID-19.[13]

FPT has strengthened its presence in 27 countries by opening a second office in New York in May 2022 and the first representative office in Northern Europe in Copenhagen, Denmark in September 2022.

In September 2022, Deputy Prime Minister of Singapore Heng Swee Keat visited FPT with the aim of promoting partnership and cooperation of private sector enterprises between Vietnam and Singapore.[14]

In October 2022, FPT invested in Japanese business consulting services provider LTS Inc., becoming its strategic shareholder.[15]

In April 2024 it partnered with American tech company Nvidia to build an AI (artificial intelligence) factory.[16]

Organizational structure

8 Subsidiaries:

2 Associates:

  • Synnex FPT
  • FPT Retail

Business sectors

References

  1. ^ "FPT University receives licence". Vietnamnet Bridge. Vietnam News Agency. 2006-09-28. Retrieved 2008-01-13.
  2. ^ Reuters Staff (October 23, 2006). "TPG, Intel Capital invest in Vietnam's FPT Corp" – via www.reuters.com. {{cite web}}: |author= has generic name (help)
  3. ^ "Microsoft, FPT sign strategic partnership. Vietnamnews. November 19th 2006.
  4. ^ "FPT appoints new director | DTiNews - Dan Tri International, the news gateway of Vietnam". dtinews.vn.
  5. ^ "FPT appoints new CEO". Vietnam Investment Review. August 2nd 2013.
  6. ^ "FPT strikes first M&A deal in Slovakia". Voice of Vietnam. June 19, 2014.
  7. ^ Reuters Staff (August 11, 2017). "CORRECTED-Vietnam's FPT sells 30 pct of subsidiary to investment funds" – via www.reuters.com. {{cite web}}: |author= has generic name (help)
  8. ^ "Synnex owns 47% of FPT Trading" Archived 2017-10-10 at the Wayback Machine. The Saigon Times. September 13th 2017.
  9. ^ "FPT appoints new CEO". vneconomictimes.com. Retrieved 2019-05-02.
  10. ^ "FPT acquires Alpha JWC-backed Vietnamese SaaS startup Base.vn". Tech in Asia.
  11. ^ "FPT Software Invests In A Technology Company In The Americas".
  12. ^ "FPT Launches "Digital Antibodies" eCovax, Helping Businesses Overcome COVID-19 Challenges with Technologies".
  13. ^ "200 Hope School Students Celebrated The Start Of The New Academic Year 2022-2023".
  14. ^ "Singapore's Deputy Prime Minister Visited FPT Software Campus And Boosted Investment In Vietnam".
  15. ^ "FPT Invests In LTS INC. Inc., Strengthening Consulting Capabilities In Japan".
  16. ^ "Vietnam's FPT to set up U$200 million AI factory using Nvidia chips". iTnews Asia.
Retrieved from "https://en.wikipedia.org/w/index.php?title=FPT_Corporation&oldid=1243334763"