FPT Software, Julie Sandlau join hands to transform jewelry making
Danish luxury jewelry brand Julie Sandlau will build its first smart manufacturing facility in Vietnam via its new alliance with the country’s leading IT service provider FPT Software.
The two companies signed their strategic partnership on Tuesday in Hanoi within the framework of the Vietnam-Denmark Business Summit Forum 2022.
A Julie Sandlau ring. Photo courtesy of the company.
Through this alliance, FPT Software has become a strategic partner of Julie Sandlau in building the smart facility and transforming the traditional jewelry manufacturing process with digital technologies like robotic process automation, artificial intelligence, and more.
The manufacturing plant is set to be completed by the end of 2023 in Hanoi’s Hoa Lac Hi-tech Park, Vietnam’s first and largest hi-tech industrial park.
The alliance expects to transform Julie Sandlau’s operations and work processes in Vietnam, from human resources and operational management to accounting and so on.
The strategic step will enable the Danish brand to expand its operations to a strategic market like Vietnam and target potential customers here, according to Julie Sandlau.
Julie Sandlau CEO Soren Roed Pedersen said, “For years we have been first movers with our strong focus on environmental, social, and governance, or ESG. We are now ready to start our digital transformation together with FPT and thus further proving the great collaboration between Vietnam and Denmark.
“We have obviously great ambitions for our partnership with FPT as our long-term strategy for Vietnam will develop into much more than just manufacturing,” he said.
Julie Sandlau is FPT Software’s first-ever client in the jewelry manufacturing industry, said FPT Software Europe CEO Hai Le.
On nurturing and developing human resources, FPT Software will transfer expertise and provide comprehensive training to Julie Sandlau employees in Vietnam, with a deep dive into AI applications.
The strategic partnership will allow employees of the two companies to exchange knowledge and experiences, with Julie Sandlau offering fresh graduates from FPT University and FPT Corporation’s staff internship and employment opportunities. The program aims to improve educational quality and develop a guaranteed career path for FPT students and employees.
Vietnam-based FPT Software has some 41,000 employees present in 27 countries. It delivers services in smart factories, digital platforms, robotic process automation, AI, Internet of Things, enterprise mobility, digital product development, cloud, business applications, among others.
Almost 100 of its global customers are Fortune Global 500 companies in aerospace, aviation, manufacturing, automotive, banking, finance, insurance, logistics, transportation, healthcare, retail, energy, and more.
Julie Sandlau launched its Vietnam manufacturing factory, located in Hanoi, in 2010. Meanwhile, Danish company Pandora, the world’s largest jewelry brand by revenue, is investing $100 million in building a new facility in Vietnam as its third manufacturing site and first outside Thailand.
Pandora is set to start this construction in the southern province of Binh Duong in early 2023, with production due to start by the end of 2024.
Danish toy giant Lego Group is also building an advanced factory on a 44-hectare site in the province, with a total of more than $1 billion in investment. The production site is in Vietnam-Singapore Industrial Park III, developed by Vietnam-Singapore Industrial Park Group, a joint venture between Singapore’s Sembcorp Industries and Vietnamese leading industrial developer Becamex.
- Related News
- Read More
Vietnam business lobby urges easing of football betting limits
Vietnam’s leading business lobby VCCI has called on the government to sharply ease limits on international football betting and relax foreign ownership rules to make the industry more appealing to investors.
Finance - Thu, October 23, 2025 | 9:30 pm GMT+7
Powering growth from within
The development of a strong domestic private sector is essential for building a resilient, independent, and self-reliant economy that is less dependent on state-owned enterprises or foreign investment, writes Tim Evans, CEO of HSBC Vietnam.
Economy - Thu, October 23, 2025 | 9:09 pm GMT+7
Vietnam's stock market regulator appoints 2 new vice chairpersons
The State Securities Commission of Vietnam (SSC) has appointed Nguyen Hoang Duong and Le Thi Viet Nga as its new vice chairpersons.
Finance - Thu, October 23, 2025 | 4:14 pm GMT+7
Vinhomes chairman appointed CEO of VinSpeed
Pham Thieu Hoa, chairman of Vinhomes, has been appointed CEO of VinSpeed, a newly established company specializing in railway construction.
Companies - Thu, October 23, 2025 | 3:40 pm GMT+7
De Heus, Hung Nhon to invest $380 mln in high-tech agriculture hub in southern Vietnam
Dutch agribusiness group Royal De Heus and Vietnam’s Hung Nhon Group plan to invest VND10 trillion ($380 million) to develop a high-tech agricultural ecosystem in Tay Ninh province between 2025 and 2030.
Industries - Thu, October 23, 2025 | 2:35 pm GMT+7
Consumer finance major F88’s credit rating upgraded on improved funding capability, liquidity
Vietnamese credit ratings agency FiinRatings has upgraded F88's credit rating from “BBB-” to “BBB”, with a “stable” outlook, citing the company's enhanced capital-raising ability and improved liquidity position.
Companies - Thu, October 23, 2025 | 2:00 pm GMT+7
Vietnam's benchmark VN-Index could surpass 2,000 points in 2026: exec
VN-Index could top 2,000 points next year, said Huynh Minh Tuan, founder of FIDT - a Ho Chi Minh City-based investment consulting firm.
Finance - Thu, October 23, 2025 | 10:55 am GMT+7
Key factors helping firms export to demanding markets: DH Foods exec
Don’t treat business as a week-to-week or month-to-month affair. To go the distance, you must conduct business ethically, writes Nguyen Trung Dung, CEO of DH Foods.
Consulting - Thu, October 23, 2025 | 8:00 am GMT+7
Gold exchange, gold derivatives, gold ETFs proposed to be launched in Vietnam
Forming a gold exchange under state management in Vietnam is suitable to the reality, said Dao Xuan Tuan, head of the foreign exchange management department under the State Bank of Vietnam (SBV).
Finance - Wed, October 22, 2025 | 9:00 pm GMT+7
Real estate major Novaland wins key approval for $5 bln project in central Vietnam
Novaland Group (HoSE: NVL), one of Vietnam’s leading property developers, has received investment approval for its flagship project worth $5 billion in the central province of Lam Dong after years of delay due to legal obstacles.
Real Estate - Wed, October 22, 2025 | 4:20 pm GMT+7
Vietnam's plastics heavyweights Tien Phong, Binh Minh report profit surges
Tien Phong Plastic (HNX: NTP) recorded pre-tax profit of nearly VND949 billion ($36.04 million) in the first nine months of the year, exceeding its full-year target by 10.85%, while Binh Minh Plastic (HoSE: BMP) achieved record net profit of VND350 billion ($13.29 million) in Q3, surpassing its VND330 billion milestone set in the previous quarter.
Companies - Wed, October 22, 2025 | 4:17 pm GMT+7
Vietnam, Finland firms sign multiple MoUs on satellite, cybersecurity, aviation partnerships
A series of cooperation agreements were signed between Vietnam and Finland on Tuesday, within the framework of Party chief To Lam's official visit to Helsinki, while bilateral relationship was lifted to a "strategic partnership".
Economy - Wed, October 22, 2025 | 12:43 pm GMT+7
Trung Nam Ca Na seeks to convert agri-forest land for $147 mln industrial park in central Vietnam
Industrial park developer Trung Nam Ca Na is seeking approval to convert about 170 hectares of agricultural and forest land for the construction of a VND3,875 billion ($147 million) project in Vietnam’s central coastal province of Khanh Hoa.
Industrial real estate - Wed, October 22, 2025 | 10:54 am GMT+7
PV Power's arm posts 5-fold jump in Q3 profit on margin recovery
PetroVietnam Power Nhon Trach 2 JSC (HoSE: NT2) reported a sharp rebound in third-quarter earnings as improved margins and higher revenue lifted profits nearly fivefold from a year earlier.
Companies - Wed, October 22, 2025 | 8:37 am GMT+7
TCBS overtakes SSI to become Vietnam’s largest securities company by market cap
Over 2.3 billion shares of Techcom Securities JSC (TCBS) debuted on the Ho Chi Minh City Stock Exchange (HoSE) on Tuesday. The stock, TCX, recorded the highest price and the largest market capitalization in the Vietnamese securities sector.
Finance - Tue, October 21, 2025 | 10:27 pm GMT+7
Indonesia’s palm oil industry becomes investment magnet
Indonesia’s palm oil sector attracted IDR52.7 trillion, or approximately $3.2 billion, in investment during the first nine months of this year, with the money going into enabling the country to capture more value out of its top commodity, the country’s Ministry of Investment reported.
Southeast Asia - Tue, October 21, 2025 | 9:34 pm GMT+7
