Director of FPT Software in Malaysia Tran Hong Chung (Photo: Bnews)
Kuala Lumpur (VNA) - FPT Software has been recording stable operations in Malaysia amidthe challenges posed by COVID-19.
The continued solidperformance can be attributed to the application of suitable developmentstrategies, a focus on its relations with major customers, and its efforts toimprove technology capacity.
With 500 employeesin the country, the Vietnamese tech firm has affirmed its position in the market.
Digitaltransformation has become a focus of the Malaysian Government and an increasingnumber of Malaysian companies are going through the process.
TheVietnam-Malaysia partnership, meanwhile, has been strengthened in variousspheres, paving the way for businesses from both countries to cooperate and conductbusiness in each other’s markets.
FPT Software isdue to open a new office in the Malaysian state of Sarawak this year. Itscustomers in Malaysia are primarily in the fields of energy, transport,insurance, and health care, most notably the State-owned oil and gas companyPetronas.
Speaking to the VietnamNews Agency, Director of FPT Software in Malaysia Tran Hong Chung said itserves more than 700 companies around the world, 100 of which are on theFortune 500 list.
The companysurpassed the 500-million-USD revenue benchmark last year and targets doublingthe figure within three years.
It will focus onproviding digital transformation solutions, which is projected to account fornearly half of its profit by 2023, Chung said.
The company is setto complete its digital product ecosystem by 2025, to serve more types ofcompanies and become one of Asia’s tech giants.
Founded in 1999,FPT Software is the largest software services company in Vietnam and has expandedits presence to 26 countries and territories. It has in excess of 17,000 staff,nearly 3,000 of whom work overseas.
Pham Quoc Anh,Trade Counsellor at the Vietnamese Embassy in Malaysia, said the company boastsprofessional and skilled employees as well as visionary leadership.
ꦿ It has also successfullyset up relations with Malaysian partners and created its own brand throughproduct quality, he added./.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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