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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam short of data centers despite investment rush

Vietnam short of data centers despite investment rush

An investment rush by major Vietnamese firms including telecom giant VNPT and tech giant FPT has not been able to meet the demand for data centers in the country, market observers say.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Tech giant FPT becomes strategic shareholder of leading U.S. AI startup

Tech giant FPT becomes strategic shareholder of leading U.S. AI startup

FPT Corporation, a leading IT firm in Vietnam, on Tuesday officially became a major investor and a strategic partner in Asia-Pacific of Landing AI, the U.S.’s leading computer vision platform and artificial intelligence (AI) software company, vowing to drive the application and education of AI.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam gov’t agencies, US semiconductor firms sign cooperation deals

Vietnam gov’t agencies, US semiconductor firms sign cooperation deals

Three cooperation deals were signed between Vietnamese government agencies and U.S. semiconductor businesses in Washington, D.C. on Tuesday (local time), as Prime Minister Pham Minh Chinh is on a week-long visit to the U.S.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Mega business deals signed between Vietnam, US during Biden’s visit

Mega business deals signed between Vietnam, US during Biden’s visit

Businesses from Vietnam and the U.S. signed deals and announced investments worth billions of USD during U.S. President Joe Biden’s visit to Vietnam on September 10-11.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam, US firms to strike deals during President Biden's Hanoi visit: White House

Vietnam, US firms to strike deals during President Biden's Hanoi visit: White House

A string of deals is set to be signed between major businesses of Vietnam and the U.S. during President Joe Biden's visit to Hanoi from September 10-11, according to the White House.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Data centers set to soar as Vietnam digital economy takes big strides

Data centers set to soar as Vietnam digital economy takes big strides

The number of data centers (DCs) is set to rise exponentially in Vietnam as both domestic and foreign companies look to boost capacity and meet rising demand, a new report says.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

FPT Software acquires US firm Intertec's IT service division

FPT Software acquires US firm Intertec's IT service division

Vietnam’s leading IT service provider FPT Software has acquired the U.S.-headquartered Intertec International's IT Services division, in a move to further strengthen its North American nearshore delivery capabilities.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Khanh Hoa province to welcome billions in investment

Khanh Hoa province to welcome billions in investment

Khanh Hoa province, well-known for the tourist town of Nha Trang, is set to welcome investments worth billions of USD from foreign and domestic business giants at a conference slated for April 2.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

FPT Software licensed to build $85 mln tech hub in central Vietnam

FPT Software licensed to build $85 mln tech hub in central Vietnam

Vietnam’s leading IT service provider FPT Software has received an investment certificate to build a VND2 trillion ($85.28 million) technological training, production and research center in Binh Dinh province.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

$1 bln in software exports and FPT's desire to conquer 'unlimited market'

$1 bln in software exports and FPT's desire to conquer 'unlimited market'

Leading Vietnamese IT corporation FPT is aiming to generate software revenue of $1 billion this year after posting average growth of 26% over the last three years. FPT board member Do Cao Bao talks with The Investor about the firm's desire to conquer the "unlimited market".

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam retail sees 2022 a thriving year

Vietnam retail sees 2022 a thriving year

Both domestic and foreign retailers speeded up their business during 2022 with post-pandemic plans to further tap the country’s growing middle class, creating a booming year for the industry.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

FPT Software, Julie Sandlau join hands to transform jewelry making

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.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

IT major FPT reaps $231 mln in 9-month profit

IT major FPT reaps $231 mln in 9-month profit

FPT Corporation, Vietnam’s leading IT company, has recorded pre-tax profits of VND5,665 billion ($231 million) in the first nine months of the year, up 23.8% year-on-year and fulfilling 74.4% of the year's target.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

FPT, VinFast join global chip supply chain

FPT, VinFast join global chip supply chain

Vietnamese giants FPT and VinFast are entering the world's semiconductor industry amid a global shortage of this critical part in automobile and electronics manufacturing.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

FPT Digital a leader in imperative business transformation

FPT Digital a leader in imperative business transformation

FPT Digital, the digital consulting arm of FPT Corporation - a leading Vietnamese technology corporation, has provided IT consultation and services to many Fortune Global 500 clients. FPT Digital's Deputy CEO Le Hung Cuong talks to The Investor about opportunities and challenges in this business segment.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

Singtel’s NCS, FPT Software bank on Asia-Pacific digital transformation

Singtel’s NCS, FPT Software bank on Asia-Pacific digital transformation

Singtel’s IT arm NCS and Vietnam’s leading IT firm FPT Software have signed a deal to open a strategic delivery center in Hanoi this month.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

FPT reports pre-tax H1 profit of $155 mln

FPT reports pre-tax H1 profit of $155 mln

FPT, Vietnam's leading information technology corporation, recorded a pre-tax profit of VND3,637 billion ($155 million) in the first six months of the year, up 23.9% year-on-year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Telecom giant Viettel leads Vietnam’s top 10 tech firms

Telecom giant Viettel leads Vietnam’s top 10 tech firms

Military-run group Viettel ranks first in the list of top 10 Vietnamese IT and tech companies in 2022 compiled by rating firm Vietnam Report.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam IT major FPT to make big investment in Danang

Vietnam IT major FPT to make big investment in Danang

FPT, Vietnam's leading information technology corporation, plans to invest VND6,000 billion ($258 million) in Danang in the years 2022-2025.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

The hot wheels favored by Vietnamese head honchos

The hot wheels favored by Vietnamese head honchos

A popular Vietnamese saying goes something like this: 'Like durability, drive a Japanese car; If sincere, buy an American car; style-savvy, buy Agerman car". Given this, many people would be curiuos to know what kinds of cars famous, talented and influential Vietnamese CEOs choose.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

Viettel to build Vietnam's biggest data center in HCMC

Viettel to build Vietnam's biggest data center in HCMC

Vietnamese telco Viettel will build a data center in Ho Chi Minh City, aiming to invest VND6 trillion ($261 million) in the project described as the nation's largest.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

IT major FPT proposes 3 property projects in Khanh Hoa

IT major FPT proposes 3 property projects in Khanh Hoa

FPT Corporation, Vietnam’s leading IT company, has proposed to develop three complex projects in Khanh Hoa province that will include technology facilities, housing areas, resorts and services.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7