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             Frequency: Fortnightly              Date: March 18th, 2010

 FPT CORNER

  FPT Asia Pacific celebrates third anniversary

FPT Asia Pacific (FAP) celebrated its third anniversary on March 12. About 60 participants from partners including Microsoft, ABB Industry, DHL Express Asia Pacific, JURONG PORT, Global Foundries Singapore, Trusted Source, T-Systems Singapore, Unilever Asia Pacific, Parkway Hospital Singapore, as well as FPT leaders and staff members took part in the celebrations.

On this occasion, FAP Director Mr. Hoang Viet Anh gave a speech of thanks to all those people and partners who had made a meaningful contribution to FAP’s success to date. In particular, campaign medals were awarded by FAP to two customers, namely Chartered Semiconductors and Schroders, and two individuals, namely Lim Wee Kok (Sales Manager, MS Singapore) and Mr. Uwe Schlagers (CEO, T-systems Singapore), for their honorable contributions to FAP’s development.

FPT Asia Pacific, headquartered in Singapore, was established on March 13, 2007, with 100% FPT Software invested capital. The Company operates in fields including ERP implementation, migration, application solutions, application development & maintenance, integration, testing, etc.

 Big contracts continuously won

Recently, a number of large contracts have been signed between FPT Software and its partners. The latest one is a contract with a global bank in Fortune’s Top 100, worth nearly US$2 million. Furthermore, FPT Software’s biggest customer in 2009, namely Neopost, has just signed a contract worth more than US$1 million with the Company. Equally large contracts with American customers including Twin City Fan (TCF), CourtTrax, Freescale, and Old Republic National Title Insurance Company (ORT) have also been won. The achievements may be the optimistic signals for a successful year of FPT Software.

 FPT Software process Day

FPT Software launched many activities which include the “About QDS” competition, “Use tools, get presents” and “Productivity IP” programs, to celebrate the Process Day on March 16. These activities aimed to encourage FPT Software staff members to learn more about the Company’s quality management systems, use IP tools to improve project performance, and create Idea Proposals to raise project productivity.

The Process Day was launched for the first time in 2007, aiming to affirm the important of process which strongly affects the quality of products/services. With that meaning, the purpose of the day this year promoted the Company’s goals and actions in applying standard processes to improve projects’ quality and productivity, raising staff’s awareness about the importance of continuous improvement.

 New project incentive policy

A project incentive policy was officially put into effect in FPT Software at the beginning of March, part of the Company's plan to raise quality and productivity. Improving productivity is one of the key focuses of FPT Software in 2010.

Accordingly, software teams can earn an award of up to 2.5% of their projects’ revenue if they can increase productivity by 30% or meet all the goals and requirements that have been set and committed to from the kick-off days. The award will be assessed and given at the end of the projects. Furthermore, an additional 0.5% of the project’s revenue will be used as the reward fund for the whole team and its members during project implementation. A productivity monitoring program which includes: defining productivity indicators, planning, periodical accessing and rewarding, will be applied along with project implementation.

 

 VIETNAM CORNER

 First segment of Thu Thiem under-river tunnel safely tugged into position

The first segment of the Thu Thiem under-river tunnel was tugged to its position safely on March 7 in Ho Chi Minh City. The first segment was 92.4m in length, 33.3m in width, 9.1m in height and 27,000 tons in weight.

As planned, the second segment will be positioned on April 5-6; the third May 4-5; and the last June 4-5.

The Thu Thiem Tunnel is the first under-river tunnel in Vietnam and the biggest one of its kind in Southeast Asia. It is designed to cross the Saigon River to link Thu Thiem Peninsula with central Ho Chi Minh City. The project began in 2004 (feasibility studies have been ongoing since 1997) with US$189 million capital investment. It is being built by Japanese contractor Obayashi.

(Source: The Saigon Times)

  Ministry vows makeover for financial markets

The Ministry of Finance (MOF) is determined to comprehensively restructure the financial market this year to address its shortcomings and ensure sustainable development, officials said.

Many changes would be made to financial laws this year to make them more effective and create close linkages between industry and the monetary and financial systems, explaining these are meant to enable enterprises to raise capital from both overseas and domestic sources. The expectations are that these steps will improve the liquidity of the products and services available in the markets. More details here.

(Source: Vietnamnet)

  Vietnam’s biggest underground petroleum warehouse to be built

An underground storage facility for petrol will be built at The Dung Quat Economic Zone in Quang Ngai province; it was announced on March 11. This is one of the important projects to ensure the supply of petroleum and meet the needs of national socio-economic development, according to board officials.

Costing around US$340 million to build, it will be the biggest ever of its kind in Vietnam. It is expected that the first phase will be finished in the first quarter of 2014, and the second one in the middle of 2015.

(Source: VnExpress)

  Enterprises soon able to make business registration via Internet

Individuals wishing to establish enterprises will soon be able to register via the National site with information on business registration. This is a typical example of the content of the decree on business registration which has been drafted by the Ministry of Planning & Investment and is expected to be signed into law by the Vietnam President in the near future. The decree is hoped to significantly reduce administrative procedures.

 

Accordingly, enterprises can send files of business registration to authorized offices via the Internet. The related offices will receive, consider, direct, edit, and complement the documents via the Internet as well.

(Source: VnMedia)

 

HIGHLIGHTED NUMBER

2

million USD is the total value of a contract which FPT Software has just signed with a banking giant.

PHOTOS


 

FPT Asia Pacific director (left) was receiving gifts and congratulations from FPT Software representatives in the third anniversary ceremony

 

SOCIAL CORNER

  International Women’s Day rouses FPT Software

To celebrate International Women’s Day on 8th of March, many activities were held throughout FPT Software to show appreciation and love towards the better half of the Company.

In the Ho Chi Minh City branch, a photo competition named “FPT Software Beauties” was open to employees from February 23. In Danang, a football tournament for women was held on March 6 with four teams from separate departments of FPT Software Danang participating. The champions took the reward of VND1 million. Meanwhile, in Hanoi, a radiant ball named “Let’s shine” was held in the luxurious Melia hotel. One special lady was voted as the most elegant in the ball. Besides the above, many small surprises awaited all ladies on the special day when they went to their offices.

  FPT organizes activities for community

Aiming to raise FPT staff’s spirit of responsibility for society and in celebration of 20 years of FPT’s Ho Chi Minh City branch, the Company launched the movement named “FPT – thousands of hearts”.

Firstly, a walk-in program for humanitarian blood donation started the movement on March 13. Many FPT staff members took part in this, donating about 1000 units of blood. Since 2007, blood donation has become one of FPT’s annual activities.

Additionally, FPT will join in the pedicab competition to create a charitable fund for children who have hard lives in Ho Chi Minh City. The program of “FPT – thousands of gifts” will also be implemented broadly, in which FPT people will contribute their strength and money or things to help children or people who are in difficult situations in today’s society.

 

Charitable activities have been launched alongside FPT’s business transactions for many years. In particular, from 2010, every 3rd of March will be FPT’s dedicated date “For community”.

 

 

To find out more about FPT Software, please visit our website http://www.fpt-software.com/

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