35-year milestone

Activity highlights

ENTERING THE LEAGUE OF GLOBAL BILLION-DOLLAR IT CORPORATIONS

On December 22, FPT’s foreign market IT services sector achieved a milestone revenue of 01 billion USD, propelling FPT into the esteemed group of billion-dollar IT services businesses worldwide and reinforcing Vietnam's standing in the global IT landscape. The Vietnam ICT Press Club recognized this achievement as one of the top 10 noteworthy IT events in Vietnam for 2023.

Executing strategic investments and M&A deals in technology companies in the US and France

In 2023, FPT significantly expanded its global footprint by becoming a major investor in Landing AI and acquiring all available technology service segments of Intertec International, Cardinal Peak, and AOSIS. These strategic moves are integral to FPT's overarching strategy of bolstering its global technology service centers, ensuring seamless customer support across all time zones and geographical locations worldwide. Moreover, these acquisitions aim to enhance the company's competitiveness, particularly in emerging technology domains, and to broaden its customer base and business prospects in the Americas and Europe.

ENHANCING AI TECHNOLOGY CAPABILITIES

FPT's AI core technologies with high applicability, including machine learning, recognition, and image processing were patented successfully in both the US and Japan, underscoring the efficacy and applicability of Made-by-FPT technology solutions in meeting the rigorous standards of global technology requirements. Furthermore, FPT joined The AI Alliance, spearheaded by IBM and Meta, alongside 50 other prominent companies and organizations. Additionally, FPT forged a partnership with AITOMATIC, a leading industrial language modeling company in the US, aimed at advancing the global-scale application of AI within various industries.

With its GenAI-first strategy, focusing on mastering generative AI, FPT introduced the FPT GenAI platform. This platform aims to enhance the efficiency of Made-by-FPT products, services, and solutions while democratizing this transformative technology, making it accessible across various aspects of life and helping businesses gain a distinct competitive edge.

RAMPING UP INVESTMENT IN THE MICROCHIP AND SEMICONDUCTOR SECTORS

In September 2023, in New York, USA, FPT Semiconductor inked a strategic cooperation pact with Silvaco Company (US) to foster the semiconductor talent pool and business expansion within this promising domain. Semiconductor chips and AI are identified by FPT as pivotal areas of development FPT will expand in. Besides this the Corporation collaborated with the National Innovation Center and the American Technology Experts Organization to establish the Semiconductor Training Center. This initiative contributes to bolstering the training of semiconductor professionals and facilitating production sponsorship for semiconductor enterprises. Such endeavors create avenues for IC design projects to transition from conceptualization to realization.

ESTABLISHING AN AUTOMOTIVE SOFTWARE TECHNOLOGY COMPANY, DRIVING SUSTAINED LONG-TERM GROWTH

In pursuit of an open future within the automotive software industry, FPT has committed to substantial investment by founding FPT Automotive in the US. Focusing strategically on key markets, including the US, Europe, Japan, Korea, China, and Vietnam, the aim is to establish FPT Automotive as a world-class provider of software products and services to the 01 billion USD automotive industry by 2030. Presently, FPT stands among the major contenders in this field alongside prominent players such as Infosys, Tata Technologies, Cognizant, and NTT DATA…

Expanding presence in pivotal markets

FPT opened five new offices consecutively in Japan, Korea, China, Indonesia, and Mexico, expanding its global presence to encompass 30 countries and territories. This expansion equips FPT with enhanced advantages, as its technology resources are now poised to deliver flexible services to customers across all time zones.

PROMOTING DIGITAL TRANFORMATION COOPERATION WITH PROVINCES AND CITIES

Leveraging its strengths and extensive experience in digital transformation, FPT remains committed to expanding its collaborative efforts to support provinces and cities in achieving comprehensive socio-economic development across the three pillars: digital economy, digital government, and digital society toward a digital national model. In 2023, the Corporation solidified digital transformation cooperation agreements with Binh Duong, Ca Mau, and Bac Kan provinces, expanding its network of localities engaged in digital transformation cooperation to nearly 30.

FPT COMPLEX WAS RECOGNIZED AS A CENTRALIZED IT PARK

Spanning an area of 5.9 hectares and housing nearly 6,000 software professionals, the FPT office complex (FPT Complex) in Da Nang was recognized as a centralized IT park by the Prime Minister. This recognition underscores the pivotal role of Da Nang City in fostering the advancement of Vietnam's IT industry. Investing in establishing software and training park complexes alongside large resource centers on a global scale stands as one of FPT's strategic imperatives to foster long-term growth momentum and elevate Vietnam's stature on the global digital technology landscape.

FOCUSING INVESTMENTS ON EXPANDING SCALE AND SPECIALIZED TRAINING PROGRAMS

FPT Education has completed the construction of nearly 170,000 square meters of training facilities, expanding its reach to 10 provinces and cities nationwide, including Bac Giang, Binh Phuoc, Ha Nam, Khanh Hoa, Nam Dinh, Nghe An, Quang Nam, Thanh Hoa, Vinh Phuc, and Vung Tau. With a focus on providing comprehensive training in IC design and fostering research initiatives to supply skilled professionals to the semiconductor industry, FPT Education received a transfer of a semiconductor training program from the UK (to be deployed at FPT Polytechnic) and an IC design training program from India (to be implemented at FPT Jetking). By the end of 2023, FPT Education has reached 145,000 equivalent learners across its system.

SPREADING INSPIRATION THROUGH CSR INITIATIVES THAT YIELD ENDURING BENEFITS

FPT's social responsibility endeavors consistently prioritize the creation of enduring societal value, aligning closely with the parallel goals of strong community development and cultivating national happiness. In 2023, FPT allocated 205.2 billion VND toward CSR events and activities, providing tangible and intangible benefits to 83,753 individuals nationwide. FPT performed these activities to bolster education, foster charitable initiatives, and aid those facing hardship…