FPT is the most valuable technology brand in Vietnam

With a remarkable growth rate (an increase of 105%, accounting for 2% of total value), the technology industry has emerged as an industry with great growth potential, especially in the era of digital transformation. Topping the technology industry according to the Ranking of Vietnam's Most Valuable Brands 2023 is FPT , with a brand value of up to 594.5 million USD, an increase of 52%.

According to Brand Finance, FPT’s success is the result of its efforts to innovate, create, and focus on research and technology development. At the same time, establishing strategic partnerships with major technology corporations in the world has helped FPT create an environment for cooperation and sustainable development.

Putting Vietnam on the world technology map

In 1988, 13 young scientists founded FPT Company with the aspiration to build a new, powerful organization through creative labor efforts in science, engineering and technology, contributing to national prosperity.

FPT Corporation has opened up unprecedented paths with its creative and pioneering spirit as its capital. 35 years later, not only is it the leading technology corporation in Vietnam, one of the largest corporations in the private sector, FPT has become a global corporation, with branches and offices in 29 countries with more than 60,000 employees, operating in 3 areas: Technology - Telecommunications - Education.

FPT representative received certification that FPT is the most valuable technology brand in Vietnam, and holds the position of Top 2 Fastest growing brand in Vietnam based on brand value.

After the first 6 months of 2023, FPT recorded revenue of VND 24,166 billion, pre-tax profit of VND 4,339 billion, up 21.9% and 19.3% respectively over the same period last year. Of which, revenue from IT services abroad reached VND 11,227 billion, up 30.2%, pre-tax profit reached VND 1,834 billion, up 34.6% over the same period last year.

FPT Corporation is recognized by tens of millions of customers and partners globally, including corporations in the list of the Top 500 largest enterprises in the world (Fortune Global 500). FPT is the first IT enterprise in Vietnam to carry out 4 M&A deals in Europe, the US, and Japan.

In Vietnam, FPT is cooperating in digital transformation with 30 provinces and cities nationwide, and is a partner of most enterprises in the Top 500 leading enterprises in Vietnam.

Leading in high technology, FPT is a pioneer in chip manufacturing in Vietnam; Owns AI patents in Japan and the US; Ranked in the top 8 IoT service providers in the world; Strategic partner of the world's leading AI research institute - Mila. The Made by FPT ecosystem has more than 200 products, services, and solutions applying leading technologies such as AI, Big Data, Cloud, IoT.

FPT commits to sustainable development

In the process of developing and determining to become a global corporation, FPT is always committed to sustainable development. At the ceremony to announce the 100 most valuable brands in Vietnam in 2023, Mr. Nguyen Van Khoa - General Director of FPT shared that FPT Corporation defines its mission as a Happiness-Creating enterprise. Happiness is not for individuals, but happiness for employees, families of employees, partners, and customers.

FPT always focuses on and commits to investing in people and paying attention to gender equality. Currently, 40% of FPT leaders are women, including senior positions such as the Board of Directors of the Group and member companies.

Mr. Nguyen Van Khoa - General Director of FPT shared that FPT Corporation defines its mission as a Happiness Creation enterprise.

“ When FPT went abroad, we were exposed to the circular economy, the green economy and realized that Vietnam was lagging behind the world. Enterprises around the world, partners, and customers of FPT require strict compliance with the conditions of sustainable development and green development.

FPT Corporation always learns good models and applies them in the business, each year setting aside 3% of revenue for sustainable development activities. In the coming time, FPT commits to accompany sustainable development with customers and partners, aiming to build a happy nation ," Mr. Nguyen Van Khoa affirmed.

FPT - Top 2 Brands with the largest value growth in Vietnam based on brand value.

Brand Finance Plc is the world's leading brand valuation company, established in 1996, present in more than 20 countries, valuing more than 70,000 brands worldwide. This is the 8th year that Vietnam has been included in the list of countries with brand valuations by Brand Finance, with Brand Finance Asia Pacific (headquartered in Singapore) responsible for announcing the list.

Bao Anh

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