Corporation for Financing and Promoting Technology
| Corporation | |
| Industry | Information Technology |
| Founded | September 13 1988 |
| Headquarters | FPT Building, No 17 Duy Tan, Cau Giay, Hanoi, Vietnam |
|
Key people
|
Truong Gia Binh - Chairman, Bui Quang Ngoc - CEO |
| Products | Technology, Telecommunications, Distribution and Retail, Education |
| Revenue | 40,545 billion VND (2016) |
|
Number of employees
|
28,397 (2016) |
| Website | fpt |
FPT (FPT Group), former The Corporation for Financing and Promoting Technology (FPT for short), is the largest information technology service company in Vietnam with its core business focusing on the provision of IT-related services. According to the United Nations Development Programme, it was the 14th largest company in Vietnam in 2007. According to Vietnam Report 2012, this was the 3rd biggest enterprise in Vietnam. The criterion for the Vietnam Report’s ranking is those with private equity of 51% or more.
On September 13th 1988, the Director of the National Institute of Technology Research signed a decision to establish The Food Processing Technology Company (FPT's original name), operating in the fields of drying technology, information technology and automation technology.
On October 27th 1990, the company was renamed The Corporation for Financing and Promoting Technology (FPT for short) specializing in information technology.
In 1998, FPT became one of the four leading Internet service providers in Vietnam to create a breakthrough in this field.
On September 8th 2006, the FPT University was founded under FPT becoming the first licensed cooperate university. Key people of the university were Dr. Le Truong Tung - the first dean and Associate Professor Truong Gia Binh - the Chairman of the Board.
On October 24th 2006 , FPT announced its decision to issue additional shares to two strategic investors, Texas Pacific Group (TPG) and Intel Capital. FPT received an investment of $36.5 million through TPG Ventures and Intel Capital.
On November 18th 2006 , Microsoft and FPT signed a strategic alliance agreement.
On December 13th 2006, FPT stock was listed on the Ho Chi Minh City Stock Exchange (HOSE).
On December 19th 2008, FPT Corporation was approved to change its name from "The Corporation for Financing and Promoting Technology" to "FPT Corporation".
On December 24th 2008, FPT Corporation announced a decision to appoint Mr. Nguyen Thanh Nam as the CEO of FPT Group, replacing Mr. Truong Gia Binh. Mr. Nguyen Thanh Nam is a founding member of FPT Corporation, Chairman of FPT Software (FSOFT).
In February 2011, the Board of Directors of FPT Corporation issued a resolution appointing Mr. Truong Dinh Anh as General Director to replace Mr. Nguyen Thanh Nam.
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Wikipedia