Eight outstanding events of FPT in 2017

The year of 2017 closed with the giant software project (M35) or the commencement of the largest and most modern office complex- FPT Tower, creating a belief in the dream of innovation and dare to dream of the 30-year old FPT.

FPT Won the ‘Dinosaur’ Project in Japan

First time in FPT’s history, FPT Japan will take the role of a Systems Integrator (SI), providing consultation and problem solving of technology to end users.

Leaders of FPT, FPT Software and the partners in the ‘dinosaur’ project at the plantation ceremony at F-Ville campus (Hoa Lac).

The customers are the suppliers of ERP packages for SMEs in Japan. Participating in this project, FPT Japan will build the perfect ERP system to implement for a series of customer partners.

The project has a significant impact on the future of both FPT Software and its partners. Japanese customers set product goals to improve the IT system’s ability to better manage internal processes and improve the performance of small and medium enterprise systems during the rapid change of technology. In the meantime, this is an opportunity for FPT to prove its capability in high-demand processes in software projects as well as to apply advanced technologies in building the system architecture.

At the same time, in the end of 2017, M35 members successfully implemented the first demo, an important indicator showing that FPT engineers successfully integrated the old PoC (Proof of Concept) source into the latest demo as required by the client.

The “dinosaur project” of FPT was called M35 valued at USD 36.5 million. The team was awarded FPT Chairman Truong Gia Binh.

FPT to deploy intelligent transportation system

With about 9 million people, millions of vehicles and 90% of trips made by motorbikes caused the transport infrastructure of Hanoi and Ho Chi Minh City under great pressure.

The intelligent traffic monitoring system on the Noi Bai – Lao Cai Expressway developed by FPT IS is considered as a positive solution to reduce the pressure on the police and move toward to the international standard.

For many years, FPT IS has proactively proposed and implemented technology solutions to gradually develop intelligent traffic in Ho Chi Minh City with a series of projects including bus information management system; Electronic traffic information board; Measurement of vehicle traffic by camera with more than 90% of accuracy; Traffic Information Service Portal, etc.

Recently, the “Upgrading the existing traffic control system for urban traffic management” project with a value of more than VND 200 billion (USD 8.7 million) has belonged to FPT IS.

In addition to the intelligent traffic monitoring system on the Noi Bai – Lao Cai Expressway, FPT will implement a digital map of Hanoi that provides people and agencies with real-time traffic information and a list of traffic infrastructure facilities (such as bus stations and signage, etc.) for public transport. People are also able to provide feedback on the real-time traffic situation through chatbot, an automated interaction tool.

This is one element mentioned regarding strategic cooperation agreement on the application of information technology and communications between FPT and the Hanoi People’s Committee. It was signed on June 25 within the framework of the “Hanoi 2017 – Investment and Development Cooperation” conference.

FPT will deploy smart traffic systems for the capital through leasing information technology services. It is also responsible for all aspects of the system’s investment, operations, and maintenance, with total estimated investment of VND1.7 trillion ($74.77 million).

FPT releases first Vietnamese AI platform

The first Vietnamese platform for developers to build interfaces through natural language interaction named FPT AI was officially released at FPT Tech Day 2017- the biggest IT event hold by FPT at Grand Plaza hotel, Hanoi on June 6, 2017. The release of the new AI platform has shown FPT’s leading position in researching and applying global latest technology to promote IT industry in Vietnam.

FPT AI was officially released at FPT Tech Day 2017- the biggest IT event hold by FPT at Grand Plaza hotel, Hanoi on June 6, 2017.

FPT.AI is an artificial intelligence platform to help developers enable automated interaction with end-users. The artificial intelligence algorithms of FPT.AI are developed by FPT researchers applying the latest machine learning techniques. The platform consists of two components, FPT.AI-Conversation Platform for natural language interfaces and FPT.AI – Speech for speech interfaces.

FPT.AI-Conversation provides applications with a natural language interface. Covering from natural language processing to conversation management, the system offers virtual agents and chat bots that can integrate with and communicate on various platforms.

FPT.AI-Speech enables Vietnamese automatic speech recognition and convert digital text into audio-based interaction with users. FPT.AI Speech opens doors to the unlimited appliances from call center chatbot to voice controlled applications. The current version of the interface focuses on the Text2Speech component with emphasis on Vietnamese language. Customization of the interface is available upon customers’ requests.

FPT divests from Distribution and Retail, focusing on Technology

On December 19, 2017, Vietnam’s ICT giant FPT Corporation announced to its ownership to less than 50% at FPT Retail and FPT Trading. Accordingly, FPT’s shareholding in FPT Retail and FPT Trading is 47% and 48%, respectively. These units become affiliated companies instead of  FPT’ subsidiaries.

FPT also sold 30% of shares in FPT Retail to Vina Capital and Dragon Capital with a value of over USD 130 million, equivalent to VND 2.9 trillion.

Previously, on September 12, the corporation and the US-based ICT company Synnex signed an agreement, allowing Synnex to buy 47 per cent of FPT’s stake in FPT Trading. In addition, FPT Board of Directors approved the resolution to sell up to 5% of chartered capital to employees who have contributed significantly to the development of FPT Trading in the coming time.

In early August, FPT sold 30% of its ownership in FPT Digital Retail to two investment funds – Dragon Capital and VinaCapital. Expectedly, FPT Retail will list its shares on HoSE before April 30, 2018.

According to CEO Bui Quang Ngoc, FPT announced its plan on divestment of the two subunits to return to the form of a profitable, sustainable and pure ICT business.

FPT Education launched a series of new products

2017 is the memorable year of the FPT Primary & High School when FPT High School officially launched its first course in Danang and opened FPT Primary School in Hanoi.

FPT Education has made an important milestone when it successfully expanded the locations and helped the organization to improve its “multi-level” target by opening elementary and secondary school.

On May 11, FPT Education officially announced the establishment of FPT Primary School and announced the enrollment of 150 pupils for the 2017-2018 school year.

It can be said that FPT Education has made an important milestone when it successfully expanded the locations and helped the organization to improve its “multi-level” target by opening elementary and secondary school.

FPT Primary School is a part of the FPT Education. In addition to general education in compliance with the standard program of Ministry of Education and Training, FPT School promotes teaching and learning foreign languages for pupils. The duration of English lessons with Vietnamese teachers and native English teachers with international standard qualifications (TESOL, TEFL, CELTA, etc.) is strengthened.

In addition, in 2017, FPT Education also launched four new products, including FPT Primary and Secondary School; FPT- UBD Global Center; BTEC FPT International College and Fast track.

FPT Telecom with 20 years of love and trust connection

FPT Telecom accompanied and made its mark during the 20 years of Vietnam’s Internet , in which FPT was the first joint stock company in Vietnam to be licensed to deploy telecommunication services, eliminating the monopoly position of government’s enterprises.

With the technology advantage, FPT Telecom strives to bring the best quality service to customers.

At the 20th anniversary of Vietnam Internet held in late November 2017 in Hanoi, FPT Telecom was named among the top 5 most influential internet service providers in Vietnam. Over the past two decades, FPT Telecom has been greatly contributing to the change in Vietnam’s image; promoting the Internet and the socio-economic development; as well as improving the quality of local life.

FPT Telecom also continuously creates the impressive product packages, increasing the Internet experience for customers. By the end of 2017, the unit launched the 1 Gbps Internet service package – the fastest Internet in Vietnam now called SOC for individuals and households.

On the Fiber optic Internet along with the application of advanced technology, this service allows users to experience 100 times faster than the average Internet access speed in Vietnam.

iKhiến and We Love FPT Awards honors working creativity of FPTers

In 2017, FPT has kicked off the largest scale award named iKhiến in order to honor the creativity of the F-family to stimulate the formation and implementation of new ideas. Within 9 months, there are 155 ideas with 9 Gold, 18 Silver, 10 Bronze and 7 Bronze awards.

Night first prizes and three second prize will be selected through a contest and will be announced on January 12.

The contest will be held annually for 3 years (2017-2019), which will be continuously searched for ideas of FPTers. In addition, one of the most effective ways to improve is the proposal from “insiders”. That is the prerequisite of “We Love FPT”- the program was recommended by FPT Chairman Truong Gia Binh to implement in the member units in order to improve the efficiency of work, promote the spirit of ownership of FPT staff as well as create a transparent and creative working environment.

By December 2017, We Love FPT had received 1,533 proposals, of which, 370 proposals were suitable for implementation.

“We Love FPT is a way for people to improve their ‘home’. I do not know how FPT’s future will develop if this program is implemented deeply into the units, “said President Truong Gia Binh.

Commencement of a series of projects owned by FPT

On December 28, FPT kicked off the FPT Tower complex on a total area of nearly 16,000 m2 in Cau Giay district, Hanoi. Of which, the construction area is estimated about 102,500 m2.  Upon completion, this project is expected to provide workplaces for about 9,000 people in the IT industry. This is the 14th complex of FPT and also the largest construction site of the organization up to now.

FPT Tower complex not only creates a creative working environment for staff but also contributes to a modern technology ecosystem, contributing to the development of IT centers and hi-tech parks in Vietnam as well as affirming Vietnam’s position in the global technology value chain.

Previously, on December 6, FPT recently held the groundbreaking ceremony for the Complex of FPT University and FPT Can Tho Software Park in Can Tho. The Complex of FPT University and FPT Can Tho Software Park are invested by the Group with a total budget of VND 1.4 trillion (USD 61.5 million) on 2.66 hectares of land in urban area on Nguyen Van Cu Street, Ninh Kieu District. The total land area which Can Tho commits to deliver for FPT is 17 ha.

It is expected that in the coming time, FPT will commence 3 more office complexes nationwide including F-Ville Phase 3 in Hoa Lac Hi-Tech Park- Hanoi in the first quarter of 2018, F-Town 3 building at the High-Tech Park in District 9- Ho Chi Minh City in the first quarter of 2018 and FPT University in Danang.

In the last 10 years, FPT’s staff has grown by nearly 16% annually. It is expected that in the period 2018-2020, FPT will maintain the growth rate of 18% and reach the scale of more than 50,000 by 2020. Therefore, FPT always demonstrates its pioneering investment in building complexes and office buildings nationwide following the campus model of giant technology corporations in the world.

Source: FPT Corporation