FPT forms specialized board to build core capabilities with expansion into rail tech
Vietnam's leading technology corporation FPT (HoSE: FPT) has set up a strategic technology steering committee, underscoring its push to master core technologies including rail-related solutions, and build a high-quality talent base to support long-term competitiveness.
The committee oversees five strategic units: the Quantum AI and Cyber Security Institute (QACI), FPT UAV, FPT Railway Mobility Technology (FMT), FPT Cyber Security, and FPT DC5.
The move aligns with national priority technologies and reflects FPT’s ambition to strengthen its position in high-value segments, chairman Truong Gia Binh said.
FPT chairman Truong Gia Binh. Photo courtesy of the firm.
The committee is chaired by Binh, with CEO Nguyen Van Khoa serving as standing vice chairman alongside members of the executive board. It is responsible for setting strategic direction and coordinating the rollout of key technology initiatives across the group.
QACI, led scientifically by Professor Ho Tu Bao with Associate Professor Ngo Xuan Bach as director, will focus on research, solution development, doctoral and expert training, and international collaboration. FPT plans to invest $100 million in the institute.
In unmanned aerial vehicles, a market FPT estimates could reach $10 billion by 2035, the firm has appointed chief technology officer Vu Anh Tu to head FPT UAV.
For railway technology, deputy CEO Pham Minh Tuan will lead FPT Railway Mobility Technology. FPT said it is leveraging experience in automotive engineering, semiconductors, IoT and SCADA systems, with proven capabilities in safety-critical, 24/7 operations across aviation, energy, and oil and gas.
On data infrastructure, FPT DC5, led by Pham Duy Phuc, aims to develop a “right-sufficient-clean-live” data platform to enhance national-level value creation and customer experience.
FPT Cyber Security, headed by Pham Tung Duong, chief information security officer at FPT Software, will focus on research and ecosystem development to support a secure, self-reliant and sustainable digital environment.
FPT said the new steering committee marks a key step in shifting further toward strategic, high-value technologies while aligning corporate growth with Vietnam’s long-term digital and industrial ambitions.
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