FPT Corporation (FPT) released its first-half financial report, citing pre-tax profits of 1.35 trillion VND (63.3 million USD), a 10 percent increase over last year's figure.
The country's software giant FPT Corporation (FPT) released its first-half financial report, citing pre-tax profits of 1.35 trillion VND (63.3 million USD), a 10 percent increase over last year's figure.
The holding company's post-tax profit increased by 12 percent to 881 billion VND (41.3 million USD) over last year.
The company's earnings-per-share also rose by 12 percent to 2,224 VND.
FPT's combined revenue rose by 27 percent over last year to 19.32 trillion VND (907 million USD), 108 percent of this year's plan.
The company said that the growth of sales in the company's technology sector and distribution-retail sector was the major factor that helped FPT achieve such high profits and revenue.
The technology sector recorded 3.46 trillion VND (158 million USD) in revenue and 395 billion VND (11.3 million USD) in pre-tax profits for the first-half, representing increases of 27 percent and 14 percent, respectively.
FPT's growing overseas branches is a key factor in its growth. Its overseas busine🦄ss increased 44 percent to 98 million USD in revenue in the first half of this year.-VNA
Japan's DA Consortium (DAC) has signed a memorandum of understanding with Vietnam's FPT Online Service Joint Stock Company on transfer of technology and investment opportunities.
Among the top 30 largest firms in terms of capitalisation and equity, the FPT Corporation (FPT) had the top revenue, which increased by 22 percent over 2013 to 50.3 trillion VND (2.4 billion USD).
The government’s Decision 80/2014/QD-TTg on piloting information technology outsourcing (ITO) within the public sector, which took effect on February 15, is expected to stimulate a market ripe with potential.
The mobile phone market, especially the smart phone market, will continue to witness the discounting of products as manufacturers race to introduce new products and retailers race to gain market share.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
FPT shop (Source: www.fptshop.com.vn)
