FPT

Update news FPT

FPT rejects rumors of being acquired by Apple

Technology news site Tech Insider several days ago reported that Apple was in the process of acquisition of Vietnam’s largest listed technology corporation - FPT. However, FPT has denied the rumors.

Technology groups question Ministry’s hardware development strategy

 VietNamNet Bridge – Leading technology groups in Vietnam like FPT and Viettel doubt the feasibility of the government’s hardware and electronics development strategy, calling it too ambitious.

BUSINESS IN BRIEF 20/6

 Multinationals keep eye on Vetnam potential; FPT strikes first M&A deal in Slovakia; Vietnam firms wary of higher stakes for foreign investors; SBV unveils plan for restructuring ailing finance firms

BUSINESS IN BRIEF 18/5

 HCM City vows to protect businesses targeted by rioters; CT Group launches dragon fruit orchard in Australia; New regulations target multilevel marketing; UOB ready to acquire GP Bank; Petrol re-exports allowed

Experts suggest putting 4G on hold

 VietNamNet Bridge – Market insiders and experts are saying that now is not the right time for Vietnam to develop the fourth generation network for mobile and wireless communications.

BUSINESS IN BRIEF 23/4

 US$5.6 bln for Long Thanh airport, phase 1; Japanese businesses eye agriculture partnership in Mekong Delta; PGBank, Vietinbank may not merge; Vingroup prepares to issue additional shares

IT firms reap fruits in foreign markets, taste bitterness in home market

 VietNamNet Bridge – Vietnamese IT firms can win the international bids to provide services to big clients in the world under the valuable contracts, but they find it difficult to get jobs in the home market.

BUSINESS IN BRIEF 27/1

 Date set for opening of first McDonald’s restaurant; FPT wins financial management system project in Cambodia; MoIT launches index to monitor co-operation trends; Petrol firms anticipate strong year

BUSINESS IN BRIEF 21/1

 Singaporean investment in Vietnam up 157% in 2013; Consumer confidence shows early year bounce; US firm offers advanced cyber protection; FPT set 30pct gain in revenue for 2014; Auto sales meet targets

BUSINESS IN BRIEF 24/11

 Sumitomo Corporation wants to invest in HCM City;  Marketing tool attracts shoppers;  FPT announces 10-month revenue increase; Domestic retail market full of potential

iPhone 5S, 5C officially sold in Vietnam today

 VietNamNet Bridge - Only half an hour after opening sale, the yellow iPhone 5S in a Vinaphone shop in Hanoi were sold out. At the shops of Viettel, customers had to draw lots to buy iPhone 5S.

BUSINESS IN BRIEF 31/10

 Vinaconex sells debts in Cam Pha Cement; SBV outlines scheme to stabilise forex, gold rates; Nokia and FPT ink agreement; HCM City economy runs into difficulties; New Zealand to export potatoes to Vietnam

BUSINESS IN BRIEF 24/10

 FPT opens new office in Nagoya; Lotte increases stake in Bibica to 43.1%; Viet Nam prepares to make most of FTA; Saigon High-tech Park to boost exports; FDI projects in Vietnam touch US$110 billion

Vietnam gets in-grade promotion in the world’s software map

 VietNamNet Bridge – Vietnam has become the name that many countries in the world will consider when they look for reliable partners to implement software development projects.

Former FPT Group’s CEO sells most of his shares, earning $2.5 million

 VietNamNet Bridge - After resigning from a series of important positions in FPT Group, the former CEO Truong Dinh Anh has withdrawn his capital from FPT. Currently, Truong Dinh Anh is still a member of the FPT Board of Directors.

BUSINESS IN BRIEF 9/10

 WB forecasts Vietnam GDP at 5.3 percent in 2013; FPT Company among top 500 global IT companies; Vingroup seeks to lure property buyers; Refinery investment to double

New FPT’s foreign partner is also a “big guy”

 Shortly after saying goodbye to Orchid Capital Investment of Richard Chandler, a billionaire, FPT, the Vietnamese biggest technology group, has found a new partner, also a “billionaire” – Singaporean Temasek Holdings.

Vietnamese IT firms obtain international certificates

 VietNamNet Bridge – Vietnam’s information technology (IT) development over the last 25 years can be seen in the improved capability of its IT firms.

Smart phone market: who will dominate the low-cost segment?

 VietNamNet Bridge – Mobile phone manufacturers all have noted the growing tendency of people using low cost smart phones worldwide, including in Vietnam, and they have to get adapted to this.

Vietnamese big guys jump into educational sectors

 VietNamNet Bridge – Despite the big economic difficulties, Vietnamese families still allocate big budgets for their children’s study. This has made the educational service sector so lucrative that everyone wants a share in it.