AI giant Nvidia explores Vietnam investment expansion opportunities

AI giant Nvidia explores Vietnam investment expansion opportunities

U.S. chip and artificial intelligence giant Nvidia says it will consider expanding investment in Vietnam after a high-ranking delegation ends a fact-finding trip to the country.

Industries - Thu, April 25, 2024 | 3:13 pm

Vietnam tech giant FPT to invest $200 mln in AI factory, utilizing Nvidia technology

Vietnam tech giant FPT to invest $200 mln in AI factory, utilizing Nvidia technology

Vietnam’s leading tech firm FPT Corp. will invest $200 million in building an artificial intelligence (AI) factory, utilizing technology provided by U.S. chip and AI giant Nvidia.

Industries - Tue, April 23, 2024 | 5:50 pm

FPT Retail to build 'healthcare ecosystem'

FPT Retail to build 'healthcare ecosystem'

FPT Digital Retail JSC, known as FPT Retail, intends to conduct a private placement, offering no more than 10% of its Long Chau pharmacy chain shares, in a bid to build a healthcare ecosystem.

Companies - Thu, April 18, 2024 | 4:09 pm

Military-run telco Viettel inaugurates biggest data center in Vietnam

Military-run telco Viettel inaugurates biggest data center in Vietnam

Military-owned telecom firm Viettel has inaugurated a 30-MW data center in Hoa Lac Hi-tech Park on the outskirts of Hanoi, the largest of its kind in Vietnam.

Infrastructure - Thu, April 11, 2024 | 3:31 pm

FPT Retail to open 400 Long Chau pharmacies, 100 vaccination centers in 2024

FPT Retail to open 400 Long Chau pharmacies, 100 vaccination centers in 2024

FPT Retail has targeted pre-tax profits of VND125 billion ($5 million) this year, overturning last year’s loss of VND294 billion.

Companies - Wed, March 27, 2024 | 4:10 pm

Vietnam tech stocks rally on bright prospects

Vietnam tech stocks rally on bright prospects

Vietnam’s technology stocks have made strong gains thanks to a bright outlook for the technology and telecommunications sector fueled by artificial intelligence (AI) fever, 5G commercialization, and the adoption of the revised Telecommunications Law.

Finance - Fri, March 8, 2024 | 8:11 am

Vietnam’s FPT, Germany’s Siemens to cooperate in semiconductor, digitalization

Vietnam’s FPT, Germany’s Siemens to cooperate in semiconductor, digitalization

Vietnam’s leading tech firm FPT and Germany’s tech giant Siemens on Monday signed a memorandum of understanding (MoU) on cooperation in infrastructure, digitalization, and semiconductor.

Companies - Tue, February 27, 2024 | 10:13 pm

Vietnamese corporations to deploy major projects in Danang

Vietnamese corporations to deploy major projects in Danang

Representatives of prominent Vietnamese corporates Sun Group, BRG and FPT said Friday that they will carry out large projects in the central city of Danang this year.

Industries - Sat, February 17, 2024 | 4:38 pm

FPT Retail boldly bets on Long Chau pharmacy chain

FPT Retail boldly bets on Long Chau pharmacy chain

FPT Digital Retail JSC, widely known as FPT Retail, is rapidly expanding its Long Chau pharmacy network to cement its position as the largest medicine retailer in Vietnam while other rivals are downsizing operations or slowing expansion.

Companies - Sun, February 11, 2024 | 7:50 pm

Central Vietnam province seeks $20.6 bln for massive seaport network

Central Vietnam province seeks $20.6 bln for massive seaport network

Binh Dinh province is seeking $20.6 billion for a massive seaport network including general ports, container ports and specialized ports serving wind energy, building materials, and petroleum industries.

Infrastructure - Thu, December 28, 2023 | 6:35 am

Adoption of revised Telecommunications Law tops Vietnam’s 10 ICT events in 2023

Adoption of revised Telecommunications Law tops Vietnam’s 10 ICT events in 2023

The amended Law on Telecommunications, which will have a profound impact on the information and communication technology (ICT) industry, tops the list of Vietnam’s 10 outstanding ICT events in 2023 selected by the ICT Press Club.

A year in review and 2024 forecasts - Wed, December 27, 2023 | 3:31 pm

Vietnam tech giant FPT hits $1 bln in global IT services revenue

Vietnam tech giant FPT hits $1 bln in global IT services revenue

Hanoi-headquartered global technology corporation FPT has surpassed $1 billion in the global information-technology (IT) services segment, generated by its subsidiary FPT Software.

Companies - Fri, December 22, 2023 | 6:17 pm

Japanese giants Tokyo Gas, Marubeni, Aeon Mall announce Vietnam investments

Japanese giants Tokyo Gas, Marubeni, Aeon Mall announce Vietnam investments

Corporate giants Tokyo Gas, Marubeni and Aeon Mall were among several dozen Japanese firms that announced new and additional investments in Vietnam Saturday.

Industries - Sat, December 16, 2023 | 3:51 pm

FPT Retail records losses for third consecutive quarter

FPT Retail records losses for third consecutive quarter

FPT Retail, a subsidiary of tech giant FPT Corporation, reported a net loss of VND21 billion ($854,800) in Q3/2023, marking its third consecutive quarter of losses.

Companies - Wed, November 1, 2023 | 2:50 pm