FPT’s outstanding achievements in 2007

With stable growth in profits and human resource as exemplified in 2007, together with new domestic and international operations, FPT is gearing up for an even more successful journey ahead.

As of end of 2007, FPT Corporation has a total of 9,493 employees, 35% higher than the previous year with average employee-working age at 26.7.

Please click here to see the Consolidated Financial Report of FPT Corporation in Quarter IV.

FPT diversifies its operations

2007 marked FPT’s growth and expansion into new areas.

On July 13^th, FPT Securities was granted business license by the State Securities Commission with a charter capital of VND 200 billion. FPT Securities currently manages over 6,000 client accounts. With the most sophisticated technologies and equipment, FPT Securities is ready to speedily serve large numbers of customers, anytime, anywhere, either on the floor, by phone or on the internet. With the help of two online transaction services, EzTrade and EzSearch, customers can enjoy a made-easy online transaction experience. In December 2007, FPT Securities increased its charter capital to VND 440 billion. With this increase, FPTS is now entitled to operate in the four areas of stock trading: securities brokerage, securities trading, securities investment consultation and securities custody.

FPT Capital was established on July 25^th with the largest chartered capital on the Vietnam market of VND 110 billion. (State Securities Commission Decision No. 18/UBCK-GP dated 25/7/2007). In November, in the presence of Vietnamese President Nguyen Minh Triet during his state visit to Japan , a Vietnam – Japan Investment Fund was established with chartered capital of US$ 100 million, under a joint partnership agreement between FPT and Tokyo-based SBI Holdings Inc.

On November 29^th, the proposal to establish FPT Joint Stock Bank (FPT Bank) was approved with a charter capital of VND 1,000 billion. FPT Bank is finalizing its records, infrastructures, mandates and personnel structures to obtain a formal business license in early 2008.

Real estate is another area in which FPT has left its mark the past year. FPT Real Estate Branch, ( FPT Land ) completed the FPT Cau Giay Building in September. On January 12^th 2008 , the Da Nang People’s Committee and FPT Corporation signed an investment agreement on Da Nang FPT Techno-Urban Zone (FPT City Da Nang) with total pledged investment capital of up to USD 952 million by 2012, covering more than 181 hectares in Ngu Hanh Son District, Da Nang City . Also, Hoa Lac High Tech Industrial Park, which FPT has been assigned by the Government for infrastructure construction, is becoming an attractive destination for investors. FPT will continue building high tech cities across the nation, with high standards fit for e-Citizens.

FPT joins retail market

In August 2007, FPT Retail Company Ltd. simultaneously opened four high-tech products Retails Centers – [IN] in Ha Noi and Ho Chi Minh City , focusing on mobile phones and laptops produced by leading international brands. The support website: www.instore.vn for the chain also officially opened. [IN] retail centres covers an area of approximately 300 square meters, built after standardized, fashionable and professional models, making customers feel comfortable and relaxed while shopping. In the next two years, the [IN] chain expects to set up at least 100 new retail centers in Vietnam with estimated revenue of USD 400 million per annum. FPT is making every effort to become the forerunner in ICT products retail in Vietnam ”.

FPT Software profit exceeds USD 10 million, another branch opened in Singapore

FPT Software last year reported a gigantic development in software exports. For the very first time, its pre-tax profit exceeds USD 10 millions, more than doubled that of 2006.

On March 13, 2007 , Asia Pacific FPT Software Company Ltd. was established, making FPT the very first Vietnamese software company to open a branch in Singapore . In the future, FPT will focus on its current markets in Japan and South East Asia , while at the same time, further explore potential markets in Europe and the States.

Prior to its debut in Singapore , FPT Software established a legal entity foundation in Japan on November 13, 2005 . After two years, FPT Software Japan ’s revenue reached USD 16 million, a 90% increase as compared to 2006.

FPT Elead cooperates to assemble international-brand computers in Vietnam

In October 2007, FPT Elead signed assembly agreements with two international computer brands in Japan and America - NEC and HP. With these two agreements, FPT Elead competitiveness were considerably improved. Vietnam ’s computer sector became one of the world’s leading computer assembly and manufacturing hubs, bringing quality products to domestic customers.

With a capacity of 243,000 units per year, and international quality management ISO standards, FPT Elead Computer manufacturing factory was the first local company to be chosen by international brand partners in assembling and distributing products. In 2007, FPT Elead retains its higher-than-the-market growth rate.

FPT Telecom receives green light to provide the full range of telecommunication services

On October 18, 2007 , FPT Telecom was awarded a permit in “Telecom network and telecommunication services provision” by the Ministry of Information and Communications. Pursuant to the permit, FPT Telecom is now permitted to expand telecom network provisions including direct provision and/or retail sales of telecom services .

The above-mentioned permit by the Ministry of Information and Communications has granted FPT Telecom the ultimate freedom in telecommunications. Its customers are the direct beneficiaries of this permit since upon receiving the go-ahead, FPT Telecom has timely improved internet bandwidth to ensure fast and stable traffic flow. Customers such as enterprises, public agencies, banks, and many others will have more choices when selecting such services as local or international data transfer.

FPT meets with investor and shareholder community

In August, in an online discussion on VnExpress Newspaper, Mr. Truong Gia Binh, FPT General Director, talked about FPT’s current situation and development strategies. This is the very first time that FPT talked with the public. Mr. Truong Gia Binh answered nearly 100 questions, in a very straight-to-the-point manner, about current businesses and the future of the Corporation.

On November 1, an FPT Investor Conference was organized in Ho Chi Minh City to discuss the Corporation’s performance, perspectives and development strategies with investors in the coming time. On this occasion, a Shareholder Relations Committee was introduced.

One year after listing its stock on the domestic market, FPT has subsequently drew a lesson on the importance of proactively forging relationships with investors and will pay extra attention to financial data transparency, and strategies among other issues.

FPT announces a new strategy: «E-Citizen»

2.0 protocol will be put into effect at FPT at the beginning 2008 in banking, finance, stock, universities, and websites (vnexpress.net, ngoisao.net, gate.vn, phimanh.net). By the end of 2009, all FPT subsidiaries will complete their upgrades.

2007 represents a turning point for the company. FPT’s new strategy in the coming time is to provide products and solutions for e-citizens. These products and services will be based on a diverse and integrated system to serve the growing number of customers in the future (version 2.0).

On December 26, FPT unveiled the “FPT Logo Design Contest” to create a new logo more befitting its development strategies and signifies community’s brainpower. This constitutes an important milestone, marking a new phase in development strategies for FPT.

FPT inaugurates FPT Cau Giay Building

This 15-storey, 20,000 m² building consists of two functional areas: Software and Training Center , and the Head Office. This inauguration marks FPT’s powerful expansion and development drive and strongly signifies the importance of FPT Corporation’s software manufacturing and IT workforce training.

During the ceremony, Mr. Truong Gia Binh, FPT General Director and Chairman of the Board of Trustees, unveiled a new development strategy for FPT until 2015 to become a leading Corporation in infrastructure building and electronic services provision. The new strategy will focus on information technology and digital convergence as its backbone in serving e-citizens.

FPT and its prestigious awards

In 2007, FPT was elected as one of the top 20 corporations of Vietnam by the United Nations Development Programme (UNDP). FPT’s development priorities were in line with the UNDP’s selection criteria: improvement of core business activities, export market expansion, and diversification of new business areas.

In the United States , FPT scored another award for the world’s fastest growing company, the award reserved for companies receiving funding from TPG in 2006-2007.

In December, FPT was voted one of the top ten listed companies in HOSE in an event jointly hosted by the State Bank of Vietnam and D&B Information Agency. The ten companies awarded at the function were recognized for their performance effectiveness, financial independence and long-term development prospects.