Hanoi (VNA) - Multi-industry group FPT enjoyed high growth in revenue andpre-tax profit in Q1 on account of the growing technology segment.
Inthe first three months, the group reported a 9.73 trillion VND (423 million USD)in revenue and 1.77 trillion VND in pre-tax profit, up 28.3 percent in revenueand 27.4 percent, respectively, from the same period last year.
Thegroup's core and high-performing technology segment continued to be the maindriver of the group’s growth as its revenue reached 5.59 trillion VND with apre-tax profit of 770 billion VND.
Itwas followed by digital transformation services, with 96.2 percent focusing onnew technologies such as Cloud, AI and data analysis.
Notably,revenue from abroad posted 4.11 trillion VND, bringing a pre-tax profit of 667billion VND with an increase of 29.7 percent and 34.9 percent,respectively.
Duringthe period, its revenue from ICT reached 1.48 trillion VND with a pre-taxprofit of 103 billion VND. Of this figure, the ecosystem made by FPT digitaltransformation platforms includes more than 100 platforms, solutions, productsand services based on core technology such as AI, Blockchain, Cloud, IoT andLow code that can be widely applied in e-government, transport, healthcare,banking, real estate, education and production.
Itstelecom division achieved Q1 revenue of 3.47 trillion VND, an increase of18.7 percent, bringing a pre-tax profit of 701 billion VND.
Thegroup’s shareholder meeting took place on April 7. It decided to paya cash dividend for 2022 at a rate of 40 percent. Of the figure, 20 percentwill be paid in cash and 20 percent in shares./.
Vietnam has 64,000 digital enterprises and the figure is on the rise, which is a good condition for the country to promote its technological self-reliance to rise stronger, according to General Director of FPT Nguyen Van Khoa.
The People’s Committee of Ha Nam province on March 13 handed over an investment registration certificate to FPT Education of the technology service company FPT Group to invest in Nam Cao University Area in Phu Ly city.
FPT Technology Corporation of Vietnam and the Republic of Sierra Leone on March 16 signed a memorandum of understanding (MoU) on cooperation to promote digital transformation and human resources training for the African country.
Multi-industry group FPT enjoyed high growth in revenue and pre-tax profit in the first two months of 2022 on account of the growing technology segment.
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The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
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Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative photo (Source: vietnambiz.vn) 
