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
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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 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