The year 2018 marks the 30th anniversary of FPT’s establishment and development, modernization of national backbone economies and leading in the field of software exports. Let’s look back at FPT on our 30-year journey of bringing the Vietnamese wisdom to the world.

In the past

In 1986, the Sixth Party Congress launched the Doi Moi (Innovation) Policy enabling new economic models to work effectively while encouraging the dynamism and creativity of a new generation of Vietnamese entrepreneurs. Thanks to this policy, many companies, including FPT, have made important contributions to Vietnam’s economy today.

In June 1986, while working at the Institute of Mechanics, under the Vietnam Academy of Science and Technology, Mr. Truong Gia Binh decided to set up the Heat and Substances Exchange Group with the desire to “earn a lot of money to keep up do science”.

In the summer of 1988, in order to implement the Computer Supply Agreement with the Soviet Academy of Sciences, Mr. Truong Gia Binh determined to set up a company belonging to a ministerial or at the ministerial level government agency specialized at export, import, and technology transfer. Mr. Truong Gia Binh has promoted the most important thing is to recruit talents. His efforts have inspired many talents with different personalities. It can be said that Mr. Truong Gia Binh has gathered the most outstanding talent of his generation.

On September 13th, 1988, the Director of the National Technology Research Institute signed the decision to establish the Food Processing Technology Company (FPT) and assign Mr. Truong Gia Binh to be the Director. A new company with no capital, no assets, no cash and only 13 young, ambitious scientists was counting on his hands and mind, dared to face every challenge with a goal to make big business.

In 1989, the first contract of supplying the computers to the Soviet Academy of Sciences and the establishment of a relationship with Olivetti – a computer brand laid the foundation for the establishment of FPT Computer Informatics.

In October 27th, 1990, the company has renamed The Corporation for Financing and Promoting Technology, and returned to the original purpose of its founders: Information Technology, with the orientation of informatics business.

The first commercial software contract of FPT was signed at the end of 1990. It was the ticket booking system for the Vietnam Airlines Ticket Office. After the aviation industry, FPT has been involved in computerization projects in most key sectors of Vietnam such as banking, public finance, telecommunication, electricity.

Some memorable milestones in FPT’s development:

  • 1994: FPT took the first step into the field of distribution with the goal of bringing new technology products into Vietnam.
  • 1997: FPT joined the Internet and created a breakthrough in this field in Vietnam.
  • 1999: Software Export Center (predecessor of FPT Software) was established with the goal of exporting software to Europe, North America, and Japan. The FPT branch in Bangalore (India) and the FPT office in the US were established in 1999 and 2000 respectively.
  • 2000: FPT received ISO 9001 certificate, laying the foundation for FPT Comprehensive Management System.
  • 2001: Launched VnExpress – one of the first electronic newspapers of Vietnam.
  • 2006: Establishment of FPT University; FPT is officially listed on Ho Chi Minh City Securities Trading Center (now Ho Chi Minh City Stock Exchange – HOSE).
  • 2008: Renamed the company into FPT Corporation and reaffirmed core businesses including telecommunications, content industry and IT services.
  • 2010: FPT changed the brand recognition system, advanced into the mass market
  • 2012: FPT invested in expanding FPT retail chain and e-commerce.
  • 2014: FPT completed its first M&A deal in the field of IT in foreign markets.
  • 2015: FPT officially became the first foreign company to receive Telecommunication Service Provider License in Myanmar.

FPT after 30 years

In the 4.0 revolution, FPT is a pioneer in researching and developing new technologies in artificial intelligence, large data, cloud computing, mobile… FPT is also the pioneer along with world’s leading technology corporations in creating the most advanced digital platforms such as GE (Predix), Siemens (MindSphere), Airbus (Skywise), Amazon AWS…

The position of FPT in the world has been recognized and confirmed through the list of customers of more than 550 major enterprises in the world, especially 80 of which are listed on the Fortune 500 list. Some major customers can be mentioned such as Toshiba, Hitachi, Airbus, Deutsche Bank, Unilever, Panasonic…

FPT also launched the FPT Venture Fund, FPT Accelerator in order to develop, breed technology seeds, and support Startup and then build a technology ecosystem in which FPT plays the role of a connecting hub.

With a leading orientation to study and apply the latest technology trends, FPT will continue to be a pioneer in digital transformation, bringing new technologies such as AI, Big Data, IoT,… into the solution in all areas such as Intelligent Transportation, Smart Health and Digital Government with a goal of becoming the leading global corporation in Vietnam for intelligent services in 2020.

The year 2018 marks the 30th anniversary of FPT’s establishment and development, modernization of national backbone economies and leading in the field of software exports. Let’s look back at FPT on our 30-year journey of bringing the Vietnamese wisdom to the world.

As the main event in the series of activities commemorating the 30th anniversary, FPT TechDay 2018 which is being taken place on September 12th will reflect the technological journey of FPT on the journey from the past to present and future with the theme “FPT 30-year trailblazing pioneer – FPT TechDay 2018”.

Beside annually undertaken activities such as updating new technology trends, connecting professionals and technology lovers, introducing advanced technology products of FPT and its partners, attendees will have the opportunity to experience the products, services, technology 4.0 as well as visit the virtual reality space and admire the latest technology in the ecosystem of FPT.

FPT 30 year trailblazing pioneer – FPT TechDay 2018

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