FPT

Update news FPT

Five Vietnamese enterprises make it on to Nikkei Asia300

 FPT, Vietcombank, PetroVietnam Gas (PVGas), Vinamilk, and Vingroup are five Vietnamese enterprises that appeared on the Asia300 report, which was released recently by Nikkei Asian Review.

FPT to spend $50-$100 million for M&A deals in the US

 VietNamNet Bridge - In an interview with Nikkei, Chairman Truong Gia Binh of the FPT Corporation said that FPT aims to implement one or two mergers and acquisition deals each year to expand the market and develop new businesses.

Could Vietnamese hackers attack Anonymous?

Security experts pointed out that the action by some Vietnamese teenagers breaking into the Anonymous chatting website did not cause any danger, commenting that the behavior was ‘seen’ and ‘easy to implement’.

Investors are disappointed about state’s sale of stake in 10 SOEs

It is still unclear how the state will sell its stakes in 10 major state-owned enterprises – whether one auction or in many sales campaigns. 

Vietnamese funds provide venture capital to start-ups

Many ‘100 percent Vietnamese’ names have provided funds for startup projects since mid-2014. Vietnamese venture funds are now targeting retail and technology startups with investment deals worth $50,000-200,000.

Information about 10 large SOEs for sale

The Government has asked the State Capital Investment Corporation to develop a roadmap to sell state capital worth around $3 billion in 10 large State-owned Enterprises. This is considered great news for investors, especially foreigners.

Venture funds hesitate to enter Vietnam

VietNamNet Bridge - Venture funds have been very active in ASEAN countries, but not in Vietnam, despite the need for capital from Vietnamese technology startups.

Vietnamese telcos find it hard to earn money in foreign markets

VietNamNet Bridge - Vietnamese telecommunications companies are finding it hard to tap into unexploited markets.

Vietnamese telcos have to spend big money on outward investments

VietNamNet Bridge - Viettel and FPT both have had to spend big money in their outward investment projects. Meanwhile, the markets are risky with political uncertainties and stiff competition.

IT outsourcing firms struggle to find domestic clients

VietNamNet Bridge - Both software business and state agencies are facing difficulties in providing and receiving IT outsourcing services because of unclear regulations.

Japanese game firms struggle to penetrate Vietnamese market

VietNamNet Bridge - Vietnam is a very promising market for game developers but Japanese games remain unpopular in Vietnam for a variety of reasons.

IT firms struggle to look for mobile programmers

VietNamNet Bridge - Many information technology (IT) firms have decided to focus on developing software for mobile devices, because of its high profits. However, they cannot find enough workers.

Most VN firms plan to use virtual technology

Around 91 per cent of businesses in Viet Nam expect to virtualise at least 30 per cent of their IT infrastructure in the next two year, according to a survey conducted by VMware Inc .

Vietnamese businesspeople with odd hobbies

VietNamNet Bridge – They are rich and have odd hobbies which easily differentiate them from each other and from ordinary folk.

Vietnamese IT firms marching towards the US

Vietnamese software firms have signed many contracts worth millions of dollars with US partners.

FPT wins first ERP project in Myanmar

 FPT Information System Company (FPT IS) has secured a contract to develop an enterprise resource planning (ERP) system for United Paints Group (UPG) in Myanmar after one year of operation in that market.

BUSINESS IN BRIEF 17/12

Air ticket prices unchanged by fuel cost cuts; Vingroup starts work on hotel, office project; Long Thanh airport’s economic efficiency should be clarified; Christmas decorating services bloom in Vietnam; Banks vie over consumer loans towards year-end

IT News

Google offers guides for developers; Amigo Tech expands into IT; Acumatica plans VN expansion; Digiworld to be Ricoh distributor; Free Wi-Fi hotspots unsafe; FPT inks deal with Myanmar firm; Vietnamese firms attend Lao Techmart

Japanese firms invest in FPT subsidiary

 Three Japanese enterprises jointly invested in the Sendo Joint Stock Company, a subsidiary of FPT Corporation, recently to get a 33 per cent stake in it.

Foreign OTT-service providers find it tough to enter market

 VietNamNet Bridge – In order to be able to provide OTT (over the top) services in Vietnam, foreign firms have to fulfill “impossible missions”.