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FPT CORNER |
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FPT Software reports Q3 business results |
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In the first nine
months of 2009, FPT Software achieved accumulated revenue of
US$29.8 million, an increase of 3% compared with the same
period of 2008, and a reach of 87% of the first nine month
plan.
In general,
FPT Software’s business situation has begun to stabilize
again.
In the third
quarter, the number of staff increased about 110 people
compared with the previous quarter, making the total number
of FPT Software staff at the end of the third quarter about
2,700.
In the third
quarter, the Japanese market reduced by 5%, however the rate
of decrease is slowing and showing recovery. Meanwhile,
American and Vietnamese markets continue to grow
impressively. The revenue from the US market increased
continuously across 3 quarters at the rate of 34%. The
domestic market grew by 11% and surpassed the Q3 revenue
plan by 40%.
It is planned
that the revenue will reach US$42.8 million by the end of
2009. FPT Software will allocate about 10% of its profit to
invest for development.
FPT
Corporation also announced its business results for the
first 9 months. Its revenue achieved VND12,918 billion
(about US$717.7 million), an increase of 3.8% compared with
the same period of 2008 and a reach of 75.6% of the annual
plan. Its profit achieved VND1,272 billion (about US$70.6
million), exceeding the profit for the whole of 2008. With
these satisfactory results from the first 3 quarters of
2009, FPT Corporation is expected to have a successful year. |
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Important
contracts for the next year |
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FPT Software Ho Chi Minh City branch has just
signed important contracts with two customers from France
and Taiwan. The contracts are expected to bring about US$1.5
million to FPT Software’s revenue.
The cooperation with the French partner will
help FPT Software to build its skills in the field of future
Mobile technology, and strengthen its skills of embedded and
payment through mobile. It is also hoped that the two
companies will cooperate in the field of card reader
technology.
The Taiwanese customer’s mobile technology is
ranked to be the world leader. The first cooperation of the
partner with FPT Software is one Offshore Development Center
(ODC) with five staff members. It is expected the number of
members will grow to 10 staff by the end of 2009 and
possibly increase by 30, specializing in the Window Mobile
platform. If successful, FPT will be introduced to Google’s
Android team. This may be an excellent opportunity for FPT
to approach many other giants. |
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FPT’s
four digital content companies merged |
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On October 16, FPT Board of Management
announced the resolution to unify the four member companies
providing digital content service, namely FPT Online, FPT
Communications, FPT Promo and FPT Visky.
The merger will be carried out in the 4th
quarter of 2009. |
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VIETNAM
CORNER |
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Prime Minister reports socioeconomic performance in sixth NA
session
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The sixth session of the 12th National Assembly (NA) opened
in Hanoi on October 20.
Prime Minister (PM) Nguyen Tan Dung reported on the opening
day that though global economic recession has affected
Vietnam, sound policies have limited its impact.
According to the Government’s report, Vietnam has achieved
GDP growth of 5.2%, and held the increase in consumer prices
to 7%, one third of the 2008 rate. The national budget
deficit is only 6.9%. Almost all enterprises have overcome
the most difficult period and have resumed production.
The government’s report predicted that the global economy
will see positive changes in 2010 but many difficulties will
still remain. Hence, Vietnam’s goal for 2010 will be
recovering growth rate, not preventing economic slowdown.
(Source: VnEconomy)
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Vietnamese anti-virus software to enter US market |
BkavPro 2009 Internet Security, anti-virus software made by
a Vietnamese company, will be sold on the US market within
the next two months.
The product has eight new features, including: personal
firewall, reputation-based detection and parental control.
It will cost around US$40 a year.
(Source: Vietnamnet)
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Vietnam information security day launched |
The
2009 Vietnam Information Security Day was launched on
October 24, under the theme “Defend information resources
today for tomorrow’s development”.
The Information Security Day includes an information
security conference and exhibition, an information security
contest for students, a vote by users for their favorite
information security products of the year, an announcement
of a survey of information security status in information
and communications departments, information centers of
ministries, fields, and hundreds of organizations,
enterprises from the end of 2008 to date.
(Source: PC World)
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One of Vietnam’s highest building projects kicked off |
The groundbreaking ceremony of the 65-storey Hanoi City
Complex took place on October 22 in Hanoi with the
attendance of many high-ranking Vietnamese and Korean
officials.
The US$400 million, 267m high building will house department
stores, a five star hotel, offices and serviced apartments.
It is built on 14000sq.m of land. With 65 storeys, the
building is one of the three highest buildings which are
being contructed in Vietnam, just following the 70-storey
Keangnam Hanoi Landmark Tower, which is also the 17th
highest building in the world, and the 68-storey Financial
Tower in Ho Chi Minh City.
(Source: VnExpress)
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HIGHLIGHTED NUMBER |
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6.5% |
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is Vietnam's target of GDP (Gross Domestic Product)
growth in 2010, compared to 2009. |
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RELAXATION |
Seeking
opportunities
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Vietnam Women’s day at FPT Software |
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October 20 is the day for women in Vietnam, and the day for
FPT Software men to express their care and love to their
female colleagues.
FPT Software Hanoi branch was so jubilant for sisters, with
cooking and flower arrangement contests which were partly
done by their male colleagues.
Ho Chi Minh City branch was no less excited with the
competition of trimming and decorating fruits. Especially,
FPT Software’s sisters had an opportunity to play mini games
like Pikachu, or Bejeweled 2 Deluxe.
In Danang, the activities focused on the evening. A
masquerade was organized for the first time with the
presence of dinner wine, cakes, fruits, a music orchestra
and a “home-grown” DJ. |
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Former MU, Liverpool stars to play in Hanoi |
Former stars from Manchester United and Liverpool teams will
play Vietnamese football veterans in a friendly tournament
on November 19 and 20.
Scheduled to take place at Hanoi’s My Dinh Stadium, the
Masters Vietnam 2009 will be a rare chance for local soccer
fans to meet well-known players such as Andy Cole, Andrei
Kanchelskis, Vivian Anderson, Mark Walters, Dominic Matteo
and John Barnes. Two referees from the British Premier
League, Dermott Gallagher and John Underhill will also
officiate at the matches.
Beginning its first match in 1998, the Masters friendly
football tournament has enjoyed success throughout the
world, bringing together former players of major clubs from
the Premier League. Malaysia, Singapore and Thailand were
the first countries in Asia to host the Masters tournament.
(Source: Vietnamnet)
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