FPT Software revenue victory comes with ambitious goals

January 16, 2014 | 16:54
FPT Software has set a revenue goal of $130 million for 2014, a 30 per cent increase against 2013.

Speaking at the company’s 15th anniversary on January 13, general director Nguyen Thanh Lam said that in 2013, the company $100 million in revenue and employed a total of 5,000 workers.

FPT Software plans to reach $200 million and 10,000 employees in 2016, said Lam.

Over the past 10 years, the company saw an average growth rate of 49 per cent per year in terms of revenue and 43 per cent in profit. The company has branches and representative offices in 8 countries and is now the leading provider of software outsourcing services in Vietnam and has 219 partners in different countries and territories around the world.

Deputy Minister of Information and Communications Nguyen Minh Hong said that the company’s results for 2013 makes it one of the biggest software firms in South East Asia and noted its important role in the development of Vietnam’s software industry.

“However, Vietnam lacks more companies like FPT Software of a similar business scale to fully maximise on Vietnam’s software opportunities and make the country more competitive on a global scale,” he added.

From the side of state management, he said the Ministry of Information and Communications would establish appropriate favourable mechanisms and policies for the further development of the sector to help Vietnamese enterprises to participate in larger projects in the near future.

By By Nguyen Trang

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