Software village heads into first phase

November 14, 2013 | 15:00

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On November 13 FPT Software launched the initial phase of Vietnam’s first software village at Hanoi’s Hoa Lac High-Tech Zone.

Once operational, F-Ville is expected to provide a creative space for 10,000 computer programmers once operational and to rake in $200 million by 2016.

The F-Ville project was divided into three phases. The first is capitalised at $48.6 million and is expected to create 1,900 jobs.

“Boasting 1,700 programmers, F-Vill is expected to raise global high-tech groups’ confidence in Vietnam,” said FPT Chairman Truong Gia Binh.

FPT Software is a subsidiary of the FPT Group and the village is the largest of seven software projects licensed at the Hoa Lac High-Tech Zone.

The village is a priority of Vietnam’s scientific-technological development strategy for 2011-2020.

Speaking at the inauguration ceremony, Minister of Science and Technology Nguyen Quan said he valued the FPT group’s initiative in launching the project and that he hoped it would be a breakthrough for the group’s business and a boon to the country’s scientific-technological development.

By By Nguyen Trang

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