Proud to use technology to contribute to the prosperity of the country.
On the afternoon of January 11th, FPT Group held a ceremony to announce its journey to becoming a billion-dollar revenue-generating enterprise from overseas markets. Mr. Truong Gia Binh - Chairman of the Board of Directors of FPT Group, along with the founders and executives of FPT, shared their pride in becoming the first Vietnamese technology company to achieve this milestone.
According to Mr. Binh, for him, the $1 billion that FPT has achieved today is not just a number, but represents his life, his youth, and that of his colleagues, who together built, hoped, and dared to dream to achieve the goal of bringing Vietnamese intelligence abroad and putting Vietnam on the map of software and technology exports in the world .
According to FPT representatives, achieving today's success was not easy. In the early stages, FPT paid a price for being a pioneer in opening two offices in India (in 1999) and the US (in 2000), and after only a little over a year of operation, it had to disband because it did not secure the contracts it had anticipated. "But we were always aware that we should never give up," Mr. Binh said.
With its investment in the Japanese market, FPT has consistently achieved success. FPT employees not only have to learn Japanese and Japanese work culture, but also learn everything from the smallest details like greetings to document preparation and work procedures.
"Previously, we came to apply for jobs, but now we come to discuss business. We are ready to learn and speak all languages to realize our dream of exporting software to the world. FPT's school system trains many foreign languages to create high-quality human resources to serve this goal," Mr. Truong Gia Binh added.
"35 years ago, we expressed our aspiration to contribute to the nation's prosperity through science and technology. Back then, we didn't know what software was, but the idea of advancing through technology to improve the lives of the people and the country has remained unchanged from that day to the present," Mr. Truong Gia Binh added, expressing his gratitude to the Vietnamese press and media for accompanying him on his journey to realize the company's billion-dollar dream.
He is very proud of this journey, because it is a creative endeavor in science, technology, and engineering, rather than one made rich from land and property, contributing to the prosperity of the country.
We will bet on artificial intelligence.
"How much investment did FPT have to make to reach the billion-dollar mark today?" Answering this question, Mr. Bui Quang Ngoc - Vice Chairman of the Board of Directors of FPT - said that initially, the founders of FPT had to borrow 1 million USD to send staff and engineers to India to study software. After numerous failures in the early years of seeking software export opportunities, by the end of 2023, FPT had achieved a revenue of 1 billion USD.
Contributing to this success is FPT's passionate and ambitious spirit, which permeates from the leadership down to every sales employee, and this may be FPT's secret that is difficult for other companies to replicate.
Sharing their vision for the future, FPT's leadership stated that the company is harboring greater ambitions to reach a higher level within the IT services sector, with the next milestone being $5 billion in technology service revenue for overseas markets by 2030, achieving billions of dollars in revenue and profit from a single market, industry, and contract.
Specifically, 2024 will focus on becoming a leading chip manufacturer in Southeast Asia, making further progress in artificial intelligence, and expanding educational activities in local areas...
Specifically, according to Mr. Truong Gia Binh, the company has planned to require 70,000 FPT employees to study artificial intelligence, and 1,000 of them must obtain a certificate as an AI consultant. This is a gamble for FPT, but it is a necessary investment and transformation.
"Life is changing rapidly, and FPT must also change to meet these demands," Mr. Binh emphasized.
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