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FPT CORNER |
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FPT Software REPORTS 2009 BUSINESS RESULTS AND 2010 PLANS
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FPT Software 2010 business defense meeting was held
within two days of January 10th and 11th 2010 in Danang City with the full presence of the FPT
Software Chairman, the Board of Directors, Directors of
domestic and overseas branches, subsidiary companies, and
groups.
FPT Software 2010 business
defense meeting on January 10th in Danang City
The total revenue of FPT Software in 2009
is US$42 million, equivalently to the figure of 2008.
The market structure has some changes due
to the effect of global economic crisis. The revenue from
Japanese market achieved US$24 million, an decrease of 6%
compared with the previous year's figure. The US market is
the bright point with an increase of 33% of revenue which
occupies about 6.5% of FPT Software's revenue. The Asia
Pacific market also expresses optimistic signals due to its
business expansion. Up to date, FPT Software has more than
150 customers and partners.
The Company has set the revenue target of
US$54 million in 2010 compared with the year 2009, and hopes
to increase staff to about 3600 members. To the year 2012, it is targeted that
revenue will achieve US$100 million, and the total number of
staff will be about 5000. Practically, FPT Software will
invest in large programs for enhancing project management
capacity and bridge engineer skills, improving quality and
productivity. It is targeted that quality will be improved
to increase by 20%, and productivity by 30%.
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FPT
Danang building inaugurated |
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After nearly 17 months of construction, FPT Danang building,
one of the largest high-tech buildings in Da Nang City,
was inaugurated on January
11, 2010.
FPT Chairman Truong Gia Binh was speaking at the opening
ceremony
The international standard building has five floors built on 9,000 square meters in area and
is located in Danang’s Massda Industrial Park. It is
able to provide standard work spaces and facilities for
about 1,200 people.
FPT Da Nang Building is the first FPT owned one in the
region. The building’s construction expresses FPT’s commitment to invest in the development of the
software industry and other fields in the Central region of
Vietnam, which is
the new land of qualified human resources, flourishing
tourism and infrastructure development.
Following it, FPT City Da Nang, another investment of the
Corporation, is also in progress to explore on a 181 hectare
area not only to host FPT’s University, Software Park,
System Integration and Telecom Centers but also accommodate
20, 000 citizens in other civil buildings. |
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Largest
ERP project kicks off |
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On December 22, 2009 FPT Information Systems (FIS)
and Vietnam Petroleum Import & Export Corporation (Petrolimex)
kicked off the ERP solution implementation project. The
contract signing ceremony was held on November 13, 2009.
The project worth about US$12.6 million is
the largest and most complicated ERP project with a
Vietnamese enterprise ever signed.
Accordingly, FIS will implement an ERP SAP
solution project for Petrolimex. The implementation is
expected to take place within 24 months in 41 member
companies of Petrolimex in Vietnam, including 111 sites
nationwide with 1500 users. |
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VIETNAM
CORNER |
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Vietnam records positive economic growth in 2009
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Vietnam’s economic performance in 2009 has
been highlighted by its positive growth, stable inflation
rate, high industrial output and success in attracting
foreign investment, despite the negative impacts of the
global economic crisis.
The gross domestic product (GDP) increased
by 5.32%, 0.2%higher than the target set by the National
Assembly.
The whole year’s consumer price index
(CPI) recorded a year on year rise of only 6.88% compared to
2008, lower than the forecast of 7% and the lowest in the
most recent six years.
The nation attracted more than US$21.4
billion in foreign investment capital, equal to 30% of the
figure of 2008, the year that FDI reached record levels.
However, the global economic downturn has
badly affected Vietnam’s exports. The country’s export
revenues only reached US$56.5 billion this year, a year on
year drop of nearly 10%.
Economists have forecast that Vietnam’s
economy could grow at 6.5% while its export revenues could
rise by 6%, with the CPI increasing by less than 7% next
year.
(Source: Vietnamnet)
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VINASAT-2 project receives Prime Minister’s approval |
Prime Minister Nguyen Tan Dung has approved an investment
project on Vietnam’s second telecommunications satellite
(VINASAT-2), which is scheduled to be launched in 2012.
VINASAT-2 aims to increase Vietnam’s telecommunications
infrastructure and maintain the country’s right to use its
position of 131,80E in the satellite orbit.
PM Dung authorized the Vietnam Post and Telecommunications
Group (VNPT) as the chief investor in the project. He also
asked the Ministry of Information and Communications to make
regular reports to the PM about any problems arising from
its implementation process.
(Source: Vietnamnet)
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Gold trading floors prepare to close |
According to the Prime Minister's recent decision, all
public gold exchanges will be shut down as of March 31,
2010. All domestic investor accounts will also be terminated
by that date. After that time the State Bank of Vietnam will
assume oversight of all trades in the precious metal.
Jewellery businesses will still be allowed to sell gold
jewellery, but the State Bank will draft new regulations
limiting how gold can be traded in this form.
The resulting shutdown order will affect about 30
operational gold trading floors.
(Source: Vietnamnet)
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ASEAN - CHINA FREE TRADE AREA KICKS OFF |
The world’s largest free trade area between
China and the Association of Southeast Asian Nations (ASEAN)
became operational on January 1, 2010.
The area covers 1.9 billion people and
posts a gross domestic product (GDP) of almost US$ 6
trillion. It is the largest of its kind in the world in
population and the third biggest in transaction volume,
following the European Union (EU) and the North American
Free Trade Area (NAFTA).
The area was established after eight years
of negotiations, resulting in tariff reduction or exemption
for some 9,000 items of goods and services, accounting for
90 percent of bilateral trade.
(Source: Vietnam plus)
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HIGHLIGHTED NUMBER |
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7% |
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is the growth rate Vietnam could achieve in 2010, as
forecast by Bloomberg. |
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RELAXATION |
Synergy
- FPT Software's spirit in the year 2010
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FPT Software staff enjoy transitional time with various cultural
activities |
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The transitional time between the old year and the new is a
time for FPT Software staff members to enjoy a lot of
entertaining activities.
After an eventful year, staff in all branches of FPT
Software are being asked to vote for their Top Ten events of
the year. The vote is online and lasts for a week.
A photo contest, which aims to record the life of FPT
Software staff worldwide and display a full image of the
Company over 10 years, has also been launched. Participants
have an opportunity to show their life, their working style,
or funny and special moments.
January 13 which is the birthday of FPT Software is truly a
colorful day when all staff members are surprised by
balloons. All working places are decorated by balloons and
pictures.
Reception corner on the Company's birthday
Last but not least, a huge annual event which all staff
members have been anxiously awaiting is the Summarization
Ceremony . Themed “Change”, this year the ceremony will
be organized during the two days of 16 and 17 January 2010
in Tuan Chau Island, Halong Bay. The 2009 summarization part
will be organized in the form of a gameshow. Meanwhile, the
second part – the Gala Dinner taking place in Tuan Chau
beach - will include the appearance of four member
companies of FPT Software Hanoi branch with special
performances. |
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Hanoi Flower Festival blooms for the New Year |
The second annual Hanoi Flower Festival
kicked off on December 30, 2009 at Ly Thai To Square, Hanoi
as part of activities gearing up for the 1,000th anniversary
of Thang Long-Hanoi. Participants in the opening ceremonies
included Vice President Nguyen Thi Doan, Deputy Prime
Minister Nguyen Thien Nhan, and Hanoi officials.
At the start of the event, a
4.5-meter-high “Khue Van Cac” pavilion was unveiled, created
using 1,000 yellow daisies. Another 1,000 flowers were used
to form a 10m-long train on a traditional dress fashioned by
artisans from Hanoi. The number 1,000 was also created using
thousands of blossoms floating on the surface of Hoan Kiem
Lake. Images of Long Bien Bridge, Khue Van Cac Pavilion,
rice and flower villages, the four seasons, and a scene
depicting the city’s trams from the last century were on
display. Another highlight was a 6 meter-high tower of
blossoms surrounded by nine dragons woven from fresh flowers
and fruits. They commemorate the Ly Dynasty during its
215-year reign (1010-1225), located near the Ly Thai To
statue.
During the festival, a flower-arranging
contest, an “ao dai” (Vietnam’s traditional long dress)
fashion show and a concert took place to welcome in 2010.
The festival, which drew about 3 million
locals and foreigners, ended on the evening of January 3,
2010.
(Source: VietNamplus)
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