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Update news FPT
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.
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.
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
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
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.
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
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.
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
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
Sumitomo Corporation wants to invest in HCM City; Marketing tool attracts shoppers; FPT announces 10-month revenue increase; Domestic retail market full of potential
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.
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
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
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.
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.
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
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.
VietNamNet Bridge – Vietnam’s information technology (IT) development over the last 25 years can be seen in the improved capability of its IT firms.
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.
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.