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FPT opens Vietnam’s largest software outsourcing center

13/02/2017

The FPT Corporation held a ceremony to launch its second software village, F-Ville 2 in the Hoa Lac Hi-tech Zone in Hanoi on February 13.

The event was attended by Deputy Prime Minister Vu Duc Dam; some leaders of the Ministry of Information and Communication, the Ministry of Science and Technology, Ministry of Education and Training and more than 160 senior leaders of corporations from Japan, Korea etc.

 “The software village F-Ville is the first and largest software export centre built in the Hoa Lac Hi-tech Zone. FPT is committed to continuing its investment in education, infrastructure development, research and development so that the software village can become a global centre for digital transformation services,” said FPT chairman Truong Gia Binh.

F-Ville 2 was established by FPT Software, a part of the FPT Corporation. It is located in the F-Ville complex in the Hoa Lac Hi-tech Zone in Hanoi that was licensed in 2012. The new village’s predecessor, F-Ville 1, opened in 2013. At present, the village has 2,000 employees.With a floor area of 28,000 sqm, F-Ville 2 can have 3,000 people working it. The 5,000 employees of F-Ville will work with FPT Software’s staff in Japan, the US, Germany, France, Slovakia, Singapore and South Korea to research and implement projects for Japanese customers.

On the occasion, FPT Software held a seminar and technology exhibition. FPT Software experts introduced its applications and solutions based on the core technology platform of the digital revolution as the Internet of Things (IoT), Internet of Verhicle (IOV), data analysis (Analytics), Robotics, Artificial Intelligence (AI), image data analysis (image process) researched and built by FPT Software. The FPT Corporation is currently deploying these applications for many major global corporations.

In 2017, the FPT Software targets to reach a 30% growth in revenue, gaining about USD 300 million and continue to promote its digital transformation services segment. It plans to recruit as many as 20,000 employees between 2017 and 2020.

Tsuyoshi Okubo, managing director of Honda Techno Fort (Japan), one of 100 Japanese customers of FPT Software taking part in the event yesterday said: “Honda and FPT have been co-operating since 2014. I think that the growth of FPT at present is an inevitable result of the vision and strategic thinking of the corporation’s leaders with their experience in many fields”.

Japan is the most important market for FPT Software, bringing in revenues of more than USD100 million last year. The company has set itself the goal of being listed in the top 50 IT service companies in Japan this year. FPT is speeding up its global expansion, targeting overseas revenue of USD1 billion by 2020, and FPT Japan is expected to contribute half of that.