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Nvidia Tie-Up helps Vietnamese Tech Tycoon Bet Big On AI
Nvidia Tie-Up helps Vietnamese Tech Tycoon Bet Big On AI

Bloomberg

time6 days ago

  • Business
  • Bloomberg

Nvidia Tie-Up helps Vietnamese Tech Tycoon Bet Big On AI

Vietnamese tech tycoon Truong Gia Binh founded FPT nearly 40 years ago. From robots and software to telecoms and data centers, it's investing in AI with partners like Nvidia. Binh is embedding AI education in the classroom and sees the next generation as the key to Vietnam's development. Binh speaks to Bloomberg's Haslinda Amin about his journey - and Vietnam's - from the legacy of war to the fast pace of technological change in the latest episode of Latitude. (Source: Bloomberg)

FPT Joined Inaugural Vietnam-France Leaders Forum, Strengthening Bilateral Business Cooperation
FPT Joined Inaugural Vietnam-France Leaders Forum, Strengthening Bilateral Business Cooperation

Business Wire

time27-05-2025

  • Business
  • Business Wire

FPT Joined Inaugural Vietnam-France Leaders Forum, Strengthening Bilateral Business Cooperation

BUSINESS WIRE)--FPT Corporation (FPT) recently participated in the inaugural Vietnam-France Leaders Forum, an initiative that marked a significant milestone in strengthening economic ties between the two countries. Co-chaired by FPT Chairman Dr. Truong Gia Binh and Artelia Executive Chairman Mr. Benoit Clocheret, the event was held during French President H.E. Emmanuel Macron's official state visit to Vietnam. "I strongly encourage Vietnamese and French businesses to take the lead in forging new economic partnerships that reflect the dynamism of our two nations," said Dr. Truong Gia Binh, FPT Founder and Chairman. The forum brought together nearly 50 representatives from leading Vietnamese and French enterprises across various sectors, including aerospace, banking & finance, energy, retail, healthcare, education, and more. Notable participants from Vietnam included the Vietnam Software & IT Services Association (VINASA), FPT, Vietjet, CMC, BIDV, BRG Group, and TH Group. On the French side, representatives from the French Embassy, the Movement of the Enterprises of France (MEDEF), the French Chamber of Commerce and Industry in Vietnam (CCIFV), French Foreign Trade Advisors (CCE), Business France, and major industry players such as Airbus, Alstom, TotalEnergies, Odyssey, Thales, Suez, EDF, SNCF, and Systra were in attendance. Vietnam-France Leaders Forum focuses on strengthening business ties between France and Vietnam, leveraging both nations' comprehensive strategic partnership and shared ambitions. It emphasized fostering collaboration, joint ventures, and lasting partnerships between leading companies from both countries to achieve mutual national transformation goals. Looking ahead, the forum is set to become a recurring event, held annually on a rotating basis between the two countries, to sustain dialogue and jointly address evolving business challenges. "Vietnam and France share a profound bond rooted in history and culture, which is a strong foundation for a future defined by innovation, shared prosperity, and strategic cooperation. I strongly encourage Vietnamese and French businesses to take the lead in forging new economic partnerships that reflect the dynamism of our two nations. The Vietnam–France Leaders Forum was created to serve as a catalyst for this vision, bringing together leaders, ideas, and opportunities to build a prosperous future together,' said Dr. Truong Gia Binh, FPT Founder and Chairman. To further support French companies in addressing global challenges, FPT Chairman also proposed a co-location strategy, encouraging French businesses to establish a presence in markets where FPT actively expands its workforce. "While France and Vietnam face some different challenges, we also tackle similar ones in sustainable development, industrial digitalization, and social transformation. That is why we encourage forum members to establish ventures and partnerships in both countries, and aim to attract more French companies, from large firms to SMEs, to develop business in Vietnam, while encouraging Vietnamese corporations to expand into France," said Mr. Benoit Clocheret, Artelia Executive Chairman. The forum featured roundtable discussions that delved into market insights, business expertise, and opportunities for bilateral collaboration. Representatives from Vietnam and French businesses expressed strong interest in forming strategic partnerships in key areas such as sustainable energy, urban development, modern transportation, healthcare, retail, IT talent training, and financial services. As a representative of Vietnam's IT sector, FPT Executive Vice President Pham Minh Tuan emphazised FPT's key differentiator of comprehensive ecosystem, with education system covering from elementary to university level, providing training not only in languages and advanced technologies like artificial intelligence, but also business etiquettes that enables people to work effectively across diverse cultures. 'Looking into the future, FPT commits to generating millions of jobs for the young generation, and building successful partnerships with French enterprises in any form of collaboration, not only in Vietnam but also for the global market', he said. At the event, FPT and Odyssey Education signed a Letter of Intent to introduce a high-quality French education program into Vietnam's academic system. Odyssey Education is a renowned French international education group specializing in providing French curricula across Europe, North Africa, and Southeast Asia, as well as a partner of The Agency for French Education Abroad (AEFE). France was the first European country that FPT expanded into in 2008. The company has since collaborated with global leaders, including Airbus, La Poste, Air Liquide, Quadient, Canal+, Sagemcom, SNCF, Geopost, and more. In 2023, FPT's French subsidiary was recognized among France's Top 100 ICT Companies, underscoring its growing influence in the country. That same year, FPT deepened its local capabilities by acquiring a majority stake in AOSIS, a French IT consulting firm specializing in SAP, Data, Cloud, and smart solutions for the aerospace, aviation, and transportation sectors. To further strengthen cultural and professional ties, FPT also launched the FPT Francophone Association, aimed at developing French-speaking talent and fostering business and cultural exchange. Most recently, in May 2025, FPT was the only Vietnamese company to participate in the Choose France Summit in Paris, affirming its long-term commitment to the French and European markets, and expressing interest in strategic partnerships in AI, semiconductors, transportation, energy, and education. About FPT FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. Committed to elevating Vietnam's position on the global tech map and delivering world-class solutions for global enterprises, the Corporation focuses on five strategic areas: Artificial Intelligence, Automotive, Semiconductor, Digital Transformation, and Green Transformation. In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses. For more information about FPT's global IT services, please visit

Vietnam Airlines and FPT Strengthen Comprehensive Strategic Partnership to Advance Digital Aviation
Vietnam Airlines and FPT Strengthen Comprehensive Strategic Partnership to Advance Digital Aviation

Business Upturn

time23-05-2025

  • Business
  • Business Upturn

Vietnam Airlines and FPT Strengthen Comprehensive Strategic Partnership to Advance Digital Aviation

Hanoi, Vietnam: Vietnam Airlines has signed a Memorandum of Understanding (MOU) with global technology corporation FPT to strengthen comprehensive strategic cooperation. The partnership aims to accelerate end-to-end digital transformation, enhance operational capabilities, and improve customer experience. This press release features multimedia. View the full release here: The Memorandum of Understanding signing ceremony took place in Hanoi, Vietnam Under the agreement, Vietnam Airlines and FPT will collaborate to co-design and implement a broad spectrum of advanced technology solutions, including Generative AI, Cloud Computing, Big Data, Blockchain, IoT, and enterprise-grade digital platforms, all tailored to enhance operations and redefine the passenger journey across all touchpoints. As the national flag carrier launches a next-generation e-commerce platform project, a strategic first step in its comprehensive digitalization journey, the new system is expected to deliver a more personalized and smarter customer experience, while expanding its service ecosystem and driving ancillary revenue growth. The collaboration involves the implementation of AI solutions in customer engagement, content automation and personalization, the development of a Customer Data Platform (CDP), chatbots, voicebots, comprehensive CRM and ERP systems, internal self-service platforms, and mobile e-commerce applications. It also includes deploying flexible, scalable cloud infrastructure and data centers tailored to evolving business needs. Both parties will co-invest in development initiatives, co-own intellectual property, and share revenue from new technology solutions for aviation operations, with the potential to scale across regional and global markets. In addition to digital transformation initiatives, the partnership will enhance customer experience by integrating Vietnam Airlines' loyalty system with FPT's ecosystem, allowing customers to redeem mileage points for products and services across FPT's education and retail networks. Mr. Dang Ngoc Hoa, Chairman of the Board of Directors of Vietnam Airlines, said: 'Digital transformation is the key driver enabling Vietnam Airlines to strengthen its competitiveness and ascend to a leadership position in the region. Our strategic partnership with FPT, one of Vietnam's most trusted and pioneering technology partners, will accelerate our comprehensive digitization, particularly in developing a modern, intelligent, and customer-centric e-commerce ecosystem. This partnership represents a decisive step toward achieving our vision of becoming the premier digital airline in the Asia-Pacific by 2030. It will also play a pivotal role in advancing Vietnam's goals of Resolution No. 57, which positions science, technology, and innovation as the cornerstone of national development in the new era.' Dr. Truong Gia Binh, FPT Founder and Chairman, said: 'Vietnam is pursuing ambitious goals in this transformative era of national progress. The government has taken bold, decisive actions to drive the country's and businesses' growth. With this partnership and the successes we have already achieved together, FPT and Vietnam Airlines will further accelerate innovation and technology adoption, in alignment with the objectives of the government's Resolution No. 57. Leveraging extensive working experience with global aviation leaders, we are set to harness cutting-edge technologies, particularly AI, to comprehensively empower Vietnam Airlines' digital transformation to become a leading digital airline in the region and globally.' Echoing this sentiment, Mr. Vu Anh Tu, FPT Chief Technology Officer, further outlined five strategic initiatives to position Vietnam Airlines as the leading digital airline in the region. These focus on establishing an AI Innovation Lab, building a technology platform to deliver new, personalized customer experiences, modernizing cloud infrastructure, developing AI agents, and providing AI training for Vietnam Airlines' employees. FPT and Vietnam Airlines share a long-standing partnership rooted in digital innovation, dating back to the 1990s, with the first Strategic Partnership Agreement signed in 2013. Over more than three decades, FPT has been a trusted technology partner throughout all stages of Vietnam Airlines' development, contributing significantly to the airline's evolution in IT systems, telecommunications infrastructure, and passenger transportation. Notably, FPT has supported Vietnam Airlines in organizing internal Digital Transformation Days and successfully hosting the 2023 IATA World Safety and Operations Conference—the first event of its kind held in Vietnam. Through this collaboration, Vietnam Airlines reaffirms its commitment to sustainable development driven by innovation, while actively advancing the implementation of Vietnam's Resolution No. 57 on science, technology, and innovation, which are the key pillars of the country's growth in the coming period. FPT has established itself as a trusted technology partner in the global aviation landscape. The tech firm boasts an extensive network of partnerships with leading airlines across Europe, the U.S., and APAC, serving a portfolio of over 100 clients, including airlines, airports, cargo operators, and aircraft manufacturers. FPT is notably a strategic partner of aerospace leader Airbus and its Skywise platform and has recently joined forces with the European Union Aviation Safety Agency (EASA) to explore next-gen aviation technologies. About Vietnam Airlines Vietnam Airlines, a member of Skyteam Alliance, is the flag carrier of Vietnam, connecting the world's most thriving destinations with nearly 100 routes to 22 domestic and 31 international destinations in 18 countries. The carrier is recognized as one of the region's leading airlines thanks to its modern fleet and its commitment towards innovation, digitalization and development — earning it international acclaim as validated by numerous prestigious awards including Top 20 World's Best Airline by Airline Ratings (2023), Global 5 Star Airline by APEX (2023); Skytrax's 4 Star Airline for many years and numerous awards by the World Travel Awards. About FPT FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. Committed to elevating Vietnam's position on the global tech map and delivering world-class solutions for global enterprises, the Corporation focuses on five strategic areas: Artificial Intelligence, Automotive, Semiconductor, Digital Transformation, and Green Transformation. In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses. For more information about FPT's global IT services, please visit View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.

Vietnam Airlines and FPT Strengthen Comprehensive Strategic Partnership to Advance Digital Aviation
Vietnam Airlines and FPT Strengthen Comprehensive Strategic Partnership to Advance Digital Aviation

Business Wire

time23-05-2025

  • Business
  • Business Wire

Vietnam Airlines and FPT Strengthen Comprehensive Strategic Partnership to Advance Digital Aviation

BUSINESS WIRE)--Vietnam Airlines has signed a Memorandum of Understanding (MOU) with global technology corporation FPT to strengthen comprehensive strategic cooperation. The partnership aims to accelerate end-to-end digital transformation, enhance operational capabilities, and improve customer experience. The partnership aims to accelerate end-to-end digital transformation, enhance operational capabilities, and redefine the passenger journey across all touchpoints. Share Under the agreement, Vietnam Airlines and FPT will collaborate to co-design and implement a broad spectrum of advanced technology solutions, including Generative AI, Cloud Computing, Big Data, Blockchain, IoT, and enterprise-grade digital platforms, all tailored to enhance operations and redefine the passenger journey across all touchpoints. As the national flag carrier launches a next-generation e-commerce platform project, a strategic first step in its comprehensive digitalization journey, the new system is expected to deliver a more personalized and smarter customer experience, while expanding its service ecosystem and driving ancillary revenue growth. The collaboration involves the implementation of AI solutions in customer engagement, content automation and personalization, the development of a Customer Data Platform (CDP), chatbots, voicebots, comprehensive CRM and ERP systems, internal self-service platforms, and mobile e-commerce applications. It also includes deploying flexible, scalable cloud infrastructure and data centers tailored to evolving business needs. Both parties will co-invest in development initiatives, co-own intellectual property, and share revenue from new technology solutions for aviation operations, with the potential to scale across regional and global markets. In addition to digital transformation initiatives, the partnership will enhance customer experience by integrating Vietnam Airlines' loyalty system with FPT's ecosystem, allowing customers to redeem mileage points for products and services across FPT's education and retail networks. Mr. Dang Ngoc Hoa, Chairman of the Board of Directors of Vietnam Airlines, said: 'Digital transformation is the key driver enabling Vietnam Airlines to strengthen its competitiveness and ascend to a leadership position in the region. Our strategic partnership with FPT, one of Vietnam's most trusted and pioneering technology partners, will accelerate our comprehensive digitization, particularly in developing a modern, intelligent, and customer-centric e-commerce ecosystem. This partnership represents a decisive step toward achieving our vision of becoming the premier digital airline in the Asia-Pacific by 2030. It will also play a pivotal role in advancing Vietnam's goals of Resolution No. 57, which positions science, technology, and innovation as the cornerstone of national development in the new era.' Dr. Truong Gia Binh, FPT Founder and Chairman, said: 'Vietnam is pursuing ambitious goals in this transformative era of national progress. The government has taken bold, decisive actions to drive the country's and businesses' growth. With this partnership and the successes we have already achieved together, FPT and Vietnam Airlines will further accelerate innovation and technology adoption, in alignment with the objectives of the government's Resolution No. 57. Leveraging extensive working experience with global aviation leaders, we are set to harness cutting-edge technologies, particularly AI, to comprehensively empower Vietnam Airlines' digital transformation to become a leading digital airline in the region and globally.' Echoing this sentiment, Mr. Vu Anh Tu, FPT Chief Technology Officer, further outlined five strategic initiatives to position Vietnam Airlines as the leading digital airline in the region. These focus on establishing an AI Innovation Lab, building a technology platform to deliver new, personalized customer experiences, modernizing cloud infrastructure, developing AI agents, and providing AI training for Vietnam Airlines' employees. FPT and Vietnam Airlines share a long-standing partnership rooted in digital innovation, dating back to the 1990s, with the first Strategic Partnership Agreement signed in 2013. Over more than three decades, FPT has been a trusted technology partner throughout all stages of Vietnam Airlines' development, contributing significantly to the airline's evolution in IT systems, telecommunications infrastructure, and passenger transportation. Notably, FPT has supported Vietnam Airlines in organizing internal Digital Transformation Days and successfully hosting the 2023 IATA World Safety and Operations Conference—the first event of its kind held in Vietnam. Through this collaboration, Vietnam Airlines reaffirms its commitment to sustainable development driven by innovation, while actively advancing the implementation of Vietnam's Resolution No. 57 on science, technology, and innovation, which are the key pillars of the country's growth in the coming period. FPT has established itself as a trusted technology partner in the global aviation landscape. The tech firm boasts an extensive network of partnerships with leading airlines across Europe, the U.S., and APAC, serving a portfolio of over 100 clients, including airlines, airports, cargo operators, and aircraft manufacturers. FPT is notably a strategic partner of aerospace leader Airbus and its Skywise platform and has recently joined forces with the European Union Aviation Safety Agency (EASA) to explore next-gen aviation technologies. About Vietnam Airlines Vietnam Airlines, a member of Skyteam Alliance, is the flag carrier of Vietnam, connecting the world's most thriving destinations with nearly 100 routes to 22 domestic and 31 international destinations in 18 countries. The carrier is recognized as one of the region's leading airlines thanks to its modern fleet and its commitment towards innovation, digitalization and development — earning it international acclaim as validated by numerous prestigious awards including Top 20 World's Best Airline by Airline Ratings (2023), Global 5 Star Airline by APEX (2023); Skytrax's 4 Star Airline for many years and numerous awards by the World Travel Awards. About FPT FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. Committed to elevating Vietnam's position on the global tech map and delivering world-class solutions for global enterprises, the Corporation focuses on five strategic areas: Artificial Intelligence, Automotive, Semiconductor, Digital Transformation, and Green Transformation. In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses. For more information about FPT's global IT services, please visit

FPT Ranked in Asia's 40 IT Services Companies 2024
FPT Ranked in Asia's 40 IT Services Companies 2024

Business Upturn

time20-05-2025

  • Business
  • Business Upturn

FPT Ranked in Asia's 40 IT Services Companies 2024

Hanoi, Vietnam: Global IT firm FPT Corporation has been ranked among Asia's 40 IT services companies and 140 globally by revenue, in the Gartner® Market Share: Services, Worldwide, 2024. This press release features multimedia. View the full release here: According to Gartner® Market Share: Services, Worldwide (Accessible to Gartner clients only) report, FPT generated over USD 1.4 billion in revenue from its technology sector in 2024. The Corporation now ranks 40th in Asia, up 6 places from the previous year. In the global league, FPT also changed 18 positions to 139th. In 2024, FPT achieved a total revenue of USD 2.47 billion from its primary sectors, including technology, telecommunications, and education, reflecting a growth rate of 19.4% year-on-year. The technology sector accounted for 62.2% of the Corporation's total revenue and 47.2% of its pre-tax profit. FPT's IT services for foreign market saw revenue surge 27.4% year-over-year and contributed 79.1% of technology revenue and 91.2% of pre-tax profit in the segment. This increase was largely fueled by the global surge in demand for digital transformation, which remained one of FPT's most popular services worldwide, with a 37.6% year-on-year revenue growth. The Japanese market experienced the highest growth, exceeding the USD 500 million revenue mark in 2024, followed by the Asia-Pacific region with a 34.8% growth. FPT secured several landmark projects globally, including deals worth USD 225 million in the United States, USD 115 million in Germany, and USD 110 million in Singapore. 'In 2024, we unveiled our strategic focus on Artificial Intelligence, Semiconductors, Automotive, Digital Transformation (DX), and Green Transformation, with AI as the cornerstone. Moving forward into 2025 and beyond, FPT will steadfastly leverage opportunities within these five key areas to enhance our capabilities, solidify our reputation as a globally trusted and prestigious technology partner, and elevate Vietnam's status as a premier destination for smart digital transformation, AI, and semiconductors,' stated Dr Truong Gia Binh, FPT Chairman. FPT Chairman also affirmed the Corporation's continued focus on AI, highlighting its vision to develop one million AI Agents to serve as digital assistants for individuals and customers alike, boosting productivity and efficiency. To realize this goal, AI will be integrated across all products and services developed by FPT. FPT has set ambitious 2025 targets, aiming for 20% revenue growth and a 21% increase in pre-tax profit. AI integration and sector-wide expansion will remain at the heart of its strategy as the company continues to scale its global impact and solidify its position as a leading digital transformation provider. In the first quarter of 2025, FPT recorded a 13.9% increase in revenue and a 19.4% rise in profit before tax, reflecting continued business momentum. The technology sector grew by 15.3% year-on-year, fueled by strong performance in global IT services, which saw a 17% revenue increase. During this period, FPT secured nine large-scale contracts, each valued at over USD 10 million. Looking ahead, FPT remains committed to its long-term vision of reaching USD 5 billion in global IT services revenue by 2030, solidifying its stature as a world-class provider of technology solutions. Gartner, Market Share: Services, Worldwide, 2024, Neha Sethi, Sid Nag, 11 April 2025 GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About FPT FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organisations worldwide. Committed to elevating Vietnam's position on the global tech map and delivering world-class solutions for global enterprises, the Corporation focuses on five strategic areas: Artificial Intelligence, Automotive, Semiconductor, Digital Transformation, and Green Transformation. In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses. For more information about FPT's global IT services, please visit . View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.

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