Hai Phong Port officially deploys FPT CFS to accelerate digital transformation in fianancial management

03/12/2025

On December 2, 2025, Hai Phong Port Joint Stock Company (PHP) – a member of Vietnam Maritime Corporation (VIMC) – in collaboration with FPT Corporation, officially announced the deployment and operation of the FPT CFS solution, a platform that automates financial closing, statement preparation, and consolidated reporting. This marks a significant milestone in the port’s journey toward modernizing its governance framework and fully embracing digital transformation, elevating operational efficiency, transparency, and alignment with international standards.

 

 

Ceremony announcing the successful deployment and operation of FPT CFS at Hai Phong Port.

 

As one of the largest seaports in northern Vietnam and a critical logistics hub, Hai Phong Port handles thousands of vessel calls and large cargo volumes each year. The company also plays a major role in VIMC’s consolidated financial reports. The port manages an enormous and continuously changing volume of financial data tied to cargo throughput, vessel operations, stevedoring services, warehousing, and inland logistics.

 

Additionally, the port maintains a complex accounting ecosystem, serving a wide range of domestic and international customers and partners, both inside and outside the VIMC system. Extensive internal transactions with most VIMC subsidiaries require highly accurate, timely, and consistent reconciliation and elimination to meet financial consolidation requirements at both the Hai Phong Port level and the VIMC group level.

 

Driven by rising expectations for speed, reliability, and consistency in consolidated financial reporting, Hai Phong Port implemented the FPT CFS solution to automate the majority of closing, reporting, and consolidation tasks. The system significantly shortens the time required for data aggregation and processing, reduces manual workload—especially during peak reporting periods—and enables faster, more accurate, and higher-quality consolidated reports in compliance with VIMC standards.

 

After assessing the port’s unique accounting operations, FPT’s experts configured the system, customized financial statements and disclosures to match PHP’s specialized chart of accounts, and ensured full compatibility with VIMC’s consolidation framework. This has enabled the port to establish a consistent, scalable, and interconnected financial data-processing workflow, supporting rapid and accurate consolidated reporting using advanced technology.

 

 

Mr. Nguyễn Tường Anh, CEO of Hai Phong Port, speaks at the announcement ceremony.

 

Speaking at the event, Mr. Nguyễn Tường Anh, CEO of Hai Phong Port, said:

“Digital transformation in finance and accounting remains a top priority for enhancing our governance effectiveness and meeting requirements for transparency, accuracy, and timely execution. The rollout of FPT CFS represents a major leap in our financial management capacity, enabling faster and more accurate reporting—particularly in the context of rising cargo volumes and rapidly evolving logistics operations.”

 

 

Mr. Hoàng Hữu Chiến, Chief Accountant of FPT Corporation, speaking at the ceremony.

 

Representing FPT, Mr. Hoàng Hữu Chiến, Chief Accountant of FPT Corporation, shared:

“Through years of collaboration with VIMC, we have gained deep insights into the unique financial management demands of the seaport and logistics sector. When implementing FPT CFS at Hai Phong Port, this experience enabled both sides to coordinate effectively and accelerate the go-live timeline. We believe this partnership is an important foundation for the port to advance toward transparent, modern, and sustainable financial governance.”

 

The successful deployment of FPT CFS at Hai Phong Port—following its implementation at VIMC group level—demonstrates the corporation’s unified digital strategy from parent company to subsidiaries. This milestone enhances the port’s governance capacity, optimizes operations, and positions it for future adoption of technologies such as AI, Big Data, and predictive analytics.

 

FPT and Hai Phong Port will continue to collaborate in building modern financial technology infrastructure to meet the rising demands of seaport and logistics operations.

 

About FPT CFS

 

FPT CFS is a comprehensive financial consolidation solution that simplifies the preparation and consolidation of financial statements and automates up to 90% of closing, reporting, and consolidation activities. The solution integrates data from multiple sources, significantly reducing reporting time and improving accuracy.

 

FPT CFS provides leadership with real-time visibility into financial performance, enabling better decision-making and allowing finance teams to focus on high-impact strategic tasks.