Distribution - Retail: Affirming position and expanding operation area
While FPT Trading is maintaining a strong position in the market of technology products distribution, FPT Retail is getting positive results, promising to create a boost in the field of digital devices retail.
•
17/09/2013
Despite the economy facing many changes during the past year, FPT Trading has kept the number one position in the field of information technology and telecommunications products distribution in Vietnam.
In 2012, FPT Trading developed relationships and cooperated fully with four well-known electronics manufacturers including Panasonic, Philips, Sysbas and Lenovo. Currently, it has become the first unit to have rights to distribute all Apple products (Mac, iPod, iPad, iPhone) in Vietnam.
Besides traditional distribution, FPT has created a breakthrough when manufacturing products labeled FPT, featured ones of which include Elead computers and FPT mobile phones etc.
FPT Trading is expected to reach greater milestones such as USD 1.3 billion in revenue and USD 40 million in profit by 2015.
In addition to distribution segment, FPT Corp also puts expectation on digital devices retail.
When separated from FPT Trading at the beginning of 2012, FPT Retail possessed only 18 shops nationwide. Early July in 2013, it has 70 stores under FPT Shop system and 7 F.Studio by FPT.
FPT Shop has been the first retail system in Vietnam to be certified ISO 9001:2000. Currently, the stores under F.Studio by FPT and FPT Shop systems have earned quite high sales. Then, FPT Retail is expecting great buying power at the market in the last 6 months of 2013 and following years.
In the coming years, the economic growth, a young population and increasing incomes will lead to an increase in the consumption trend of IT, electronics, refrigeration and telecommunications products. This will bring about a great opportunity as well as a challenge to the distribution - retail segment of FPT.
