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FPT CORNER |
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FPT meets Vietnam
Government representatives in Japan |
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On September 29, 2010, the FPT Software CEO and FPT Japan
CEO had an intimate meeting with Ambassador Nguyen Phu Binh
and Vietnam embassy officials in Japan to strengthen the
cooperation between FPT and Vietnam Government
representatives in Japan.
The Ambassador praised FPT for its courage in investing in a
huge and challenging IT market as Japan. FPT expressed its
hope that the Ambassador and the Vietnam Government would
more actively support the investment activities of companies
investing in foreign markets.

FPT Software presented Ambassador Nguyen Phu Binh with
the F99 mobile phone - an FPT technology product
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FPT
Software welcomes Schroders delegation |
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On September 28,
2010, a Schroders delegation visited and worked in FPT
Software Ho Chi Minh City. This was an occasion to review
the performance of the bilateral projects in recent years,
thereby opening up more opportunities for FPT Software in
the near future. Schroders hoped FPT Software would not only
get more deeply involved in IT operations and work more
directly in their core business but also develop satellite
applications. Based on this plan, a model Offshore Software
Development Center (OSDC) has been built and is planned to
begin operating in early 2011. |
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FEU
signs new contract |
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FPT Software Europe Ltd. (FEU) has just signed a new
contract for a pilot project with German customer NewViewer.
Accordingly, FPT Software will establish a Test OSDC for
this customer. NetViewer specializes in providing Online
Meeting Solutions for the small and medium business sector
in Europe and their plan is to develop a big Test Center in
Vietnam after the pilot project has completed. This is FEU’s
2nd customer in this potential new market. |
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VIETNAM
CORNER |
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High-tech
multinationals invest in VIETNAM |
Many giant corporations like Intel of the US, Nidec of Japan
and Robert Bosch of Germany are pouring more money into the
high-tech field in Ho Chi Minh City.
Viet Nam was said to have advantages over other countries in
the region due to its low labor costs and good location for
transporting products to other countries in Southeast Asia
and other parts of the world.
Viet Nam should create the most favorable conditions for
foreign corporations so that they can produce and export
hi-tech products here.
(Source: VietNamNet/Viet Nam News)
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Government looks to
boost IT sector |
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A new Government
scheme targets growth in the information and communications
technology industry at two-to-three times the growth in
gross domestic production (GDP) through 2020.
The industry managed
to record a growth rate of more than 20 per cent in 2009
despite the global economic downturn, earning a total of
US$6.26 billion. The hardware sector saw annual growth of 10
per cent, while the software sector has notched up growth of
50 per cent.
Key issues for developing the IT industry include training
and human resources, infrastructure, business
competitiveness and market expansion, according to the
scheme.
Viet Nam also targets to enter the top 10 of nations in
software engineering and digital-related services. Under the
plan, the national trademark of Viet Nam IT and
Communications would be heavily promoted by
highly-competitive IT enterprises.
(Source: VietNamNet/Viet Nam News) |
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MPI forecasts 7-7.5%
growth |
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MPI, the Ministry of Planning and Investment, is optimistic
about Vietnam’s economy in 2011, notwithstanding turbulence
in world markets, foreign exchange fluctuations and some
latent macroeconomic instability at home.
MPI has submitted to the Government its best guess on the
outlook for Vietnam’s economy in 2011, the scenario on which
near term decision making will be based. According to an
article in VnEconomy, MPI believes:
• The GDP growth rate will increase to 7 to 7.5 percent,
with all key sectors advancing strongly. (Last month, MPI
forecast that Vietnam will finish 2010 with GDP growth of
6.5 percent).
• Foreign direct investment will rise. It is expected to
increase by 15.5 percent in 2011 (US$10,2 billion and
account for 21.4 percent of the total new investment
capital.
• Total export revenues in 2011 are forecast at US$74.25
billion (up 10 percent), and import expenditure at US$88.8
billion (up 9 percent). The trade deficit in 2011 would
therefore reach US$14.5 billion, or 19.6 percent of total
export revenue.
(Source: VnEconomy)
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HIGHLIGHT |
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Hanoi’s 1000th
anniversary celebrations begin |
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The opening ceremony took place at Ly Thai To Garden across
from Hoan Kiem Lake, with the attendance of 1000 guests.
On this occasion, the UNESCO General Director Irina Bokova
and UNESCO Vietnam Chief Katherine Muller Marin presented
the UNESCO certificate of world cultural heritage to Hanoi’s
Thang Long Royal Citadel to Hanoi Chair Nguyen The Thao.

UNESCO Certificate of world cultural heritage |
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Parade marks Hanoi 1000th anniversary |
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Over 30,000
people packed Hanoi’s Ba Dinh Square on October 10 for a
lavish parade to mark the 1000th anniversary of Thang
Long-Hanoi.

Infantry parade

Traffice Policewoman parade

Veteran parade

Vietnam businessman parade

Art performance at Ba Dinh Square
(Source: VNA)
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Ceramics Road
awarded Guinness Record |
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On October 5,
2010, the painting "Vietnam pattern in the history" with a
length of 810 meters was awarded the certificate of "the
world's largest ceramics painting", to the joy of the whole
capital.
Also on the morning of October 5, leaders of the Hanoi
People's Committee inaugurated and awarded the certificate
of recognition for “The ceramics Road” to be a monument
towards 1000 years of Thang Long- Hanoi. The originator of
this project is journalist and painter Nguyen Thu Thuy.
(Source: VnExpress)
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