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FPT Corporation

Companies/Vietnam  •  Curated by Admin Timeline.sg

FPT Corporation is a leading Vietnamese technology and IT services company founded in 1988, evolving from a food processing firm to a global ICT powerhouse with key milestones in software exports, telecommunications, IPO on HOSE, and international expansion across Asia, the Americas, and Europe.

Chronological Storyline (30 Milestones)

Sep 13, 1988 CE

FPT Founded as Food Processing Company

FPT (Food Processing Technology) is established in Hanoi, Vietnam, with initial capital from 13 co-founders including Truong Gia Binh, focusing on food processing and technology. #Vietnam #startup

FPT Founded as Food Processing Company
FPT Founded as Food Processing Company
By Brandlogos.net - https://brandlogos.net/fpt-logo-vector-94213.html, Public domain, https://commons.wikimedia.org/w/index.php?curid=91612957
1990 CE

FPT Shifts Focus to Information Technology

FPT pivots from food processing to information technology, becoming one of Vietnam's first software companies. This strategic shift laid the foundation for its future as a tech leader. #Vietnam #technology

1995 CE

FPT Becomes Lotus Notes Business Partner

FPT becomes one of the first authorized business partners of Lotus Notes (IBM) in Vietnam, marking its early involvement in enterprise software and digital transformation. #technology #partnership

1996 CE

FPT Opens First Overseas Office in Singapore

FPT establishes its first international office in Singapore, starting its global expansion strategy. This office serves as a hub for Southeast Asian operations. #expansion #Singapore

Mar 1, 1999 CE

FPT Achieves ISO 9001 Certification

FPT becomes one of the first Vietnamese IT companies to receive ISO 9001 quality management certification, enhancing its credibility and international competitiveness. #quality #certification

2000 CE

FPT Launches VnExpress (Now VnExpress.net)

FPT founds VnExpress, which becomes Vietnam's most popular online news portal, revolutionizing digital media consumption in the country. #media #Vietnam

2001 CE

FPT Becomes Microsoft Gold Certified Partner

FPT achieves Microsoft Gold Certified Partner status, the highest level of partnership, enabling it to deliver advanced Microsoft solutions in Vietnam. #partnership #Microsoft

May 1, 2002 CE

FPT Establishes FPT Software Subsidiary

FPT establishes FPT Software as its dedicated software development arm, which later becomes the largest IT services company in Vietnam by revenue. #software #subsidiary

FPT Establishes FPT Software Subsidiary
FPT Establishes FPT Software Subsidiary
By FPT Corporation - https://fpt.com.vn/en/business/member-companies, Public domain, https://commons.wikimedia.org/w/index.php?curid=127960611
2004 CE

FPT Opens Office in the United States

FPT expands to the US market by opening an office in San Francisco, targeting Silicon Valley clients for software outsourcing and IT services. #USA #expansion

Dec 13, 2006 CE

FPT Lists on Ho Chi Minh Stock Exchange (HOSE)

FPT debuts on HOSE under ticker FPT, raising capital for expansion. The IPO was oversubscribed, marking a milestone for Vietnamese tech companies. #IPO #stockmarket

2007 CE

FPT Expands into Japan with Office in Tokyo

FPT opens a subsidiary in Tokyo, Japan, to tap into the large Japanese IT outsourcing market. This becomes one of its most profitable international operations. #Japan #outsourcing

2008 CE

FPT Acquires HPT Vietnam (IT Services Firm)

FPT acquires HPT Vietnam, a leading IT services provider, strengthening its domestic market position and service portfolio. #acquisition #Vietnam

2009 CE

FPT Launches FPT Telecom (ADSL Services)

FPT Telecom begins providing ADSL broadband internet services, becoming a major ISP in Vietnam and competing with state-owned VNPT. #telecom #internet

Mar 1, 2010 CE

FPT Ranked Among Top 100 Global Outsourcing Companies

FPT is listed in the International Association of Outsourcing Professionals' (IAOP) Global Outsourcing 100, the first Vietnamese company to achieve this. #outsourcing #ranking

2011 CE

FPT Opens R&D Center in Da Nang

FPT establishes a research and development center in Da Nang, focusing on software innovation and supporting central Vietnam's tech ecosystem. #R&D #Vietnam

May 1, 2012 CE

FPT Launches Cloud Computing Services

FPT introduces FPT Cloud, offering IaaS and PaaS solutions in Vietnam, becoming a pioneer in cloud services for enterprises. #cloud #technology

Nov 1, 2013 CE

Truong Gia Binh Reappointed as CEO Driving Global Strategy

Truong Gia Binh, a co-founder, returns as CEO to lead aggressive international expansion, reinforcing FPT's global vision. #leadership #CEO

2014 CE

FPT Acquires French IT Firm Niji

FPT acquires Niji, a French digital consulting company, marking its entry into the European market and gaining a foothold in digital transformation services. #acquisition #Europe

Jun 1, 2015 CE

FPT Partners with IBM on Blockchain Solutions

FPT announces partnership with IBM to develop blockchain applications for finance and supply chain, showcasing early adoption of emerging tech. #blockchain #partnership

Mar 1, 2016 CE

FPT Software Acquires Intellinet (US) - First US Acquisition

FPT Software acquires Intellinet, a US-based IT services firm with a decade of negotiation, strengthening its North American presence and near-shore capabilities. #acquisition #USA

2017 CE

FPT Launches AI and Robotics Lab

FPT establishes an AI and Robotics research lab in Hanoi, focusing on automation, machine learning, and smart manufacturing solutions. #AI #robotics

May 1, 2018 CE

FPT Revenue Surpasses $1 Billion USD

FPT achieves annual revenue of over $1 billion for the first time, driven by strong software exports and telecom growth, becoming a billion-dollar Vietnamese tech company. #revenue #billion

Jul 1, 2019 CE

FPT Launches Digital Transformation Platform 'FPT.eOS'

FPT introduces its proprietary digital transformation platform eOS, targeting enterprises to streamline operations and accelerate digitalization. #digitaltransformation #platform

Apr 1, 2020 CE

FPT Provides Free COVID-19 Remote Work Solutions

During the pandemic, FPT offers free online collaboration tools and telehealth platforms, supporting Vietnamese businesses and hospitals. #COVID19 #remotework

Aug 1, 2021 CE

FPT Acquires US-Based Avesha (AI/Cloud Company)

FPT acquires Avesha, a cloud-native and AI startup, to strengthen its advanced technology capabilities in cloud and AI for global clients. #acquisition #AI

Feb 1, 2022 CE

FPT Ranked Top 1 IT Service Company in Vietnam by IDC

IDC Marketscape ranks FPT as the leading IT services provider in Vietnam, reflecting its dominance in local market share and service breadth. #ranking #Vietnam

Oct 1, 2022 CE

FPT Opens Office in Malaysia and Philippines

FPT expands Southeast Asian presence by opening new delivery centers in Kuala Lumpur and Manila, aiming to tap into ASEAN's growing digital economy. #ASEAN #expansion

Jun 1, 2023 CE

FPT Partners with NVIDIA on AI Solutions

FPT announces strategic partnership with NVIDIA to develop AI-powered solutions for healthcare, finance, and manufacturing, leveraging NVIDIA's GPU technology. #AI #NVIDIA

Dec 1, 2023 CE

FPT Corporation Celebrates 35th Anniversary

FPT marks its 35th anniversary with events highlighting its journey from a food company to a global tech giant, with over 50,000 employees worldwide. #anniversary #milestone

Mar 1, 2024 CE

FPT Appoints Nguyen Van Khoa as New CEO

Nguyen Van Khoa succeeds Truong Gia Binh as CEO, signaling a generational shift in leadership as FPT continues its global expansion. #leadership #CEO