FPT carries out digital transformation for two 100-year-old Japanese enterprises

May 31, 2018 - During his first State visit to Japan, President Tran Dai Quang attended an Investment Promotion Conference entitled “Towards a New Era in the Friendship between Vietnam and Japan” and witnessed the signing of memoranda of understanding (MoUs) between Vietnamese and Japanese enterprises and representatives from Vietnamese cities and provinces and industrial parks.

FPT signed two cooperative agreements on digital transformation with two Japanese companies - ISE Foods Inc. and Toppan Printing. These are worth a total of over USD30 million.

It will cooperate with ISE Foods on the application of new technologies to develop smart egg production plants in Japan and Vietnam. As a technology pioneer in digital transformation, FPT will apply new technologies to help ISE Foods develop smart plant models that increase productivity and efficiency. ISE Foods operates a farm system in Japan and the US with more than 130 million chickens.

FPT will cooperate with ISE Foods to develop smart egg production plants in Japan and Vietnam

FPT will carry out digital transformation for Toppan Printing’s business operations, cooperating in IT human resources training and business process outsourcing (BPO) over three years. The two sides also plan to set up security centers and BPO centers in Vietnam and the ASEAN region. Toppan Printing is one of FPT’s strategic customers in Japan.

FPT will carry out digital transformation for Toppan Printing’s business operations

 FPT Chairman Truong Gia Binh said that these represent practical contributions by FPT in tightening relations and promoting trade and investment between Vietnam and Japan. The two MoUs also show that FPT is transforming itself in its relationship with leading partners in the world. It will move to become a core partner in deploying important IT projects for clients, ranging from consulting, research, deployment, and maintenance to playing a role as a Systems Integrator (SI).

FPT Japan reached VND3,615 billion (around USD158 million) last year, accounting for 50% of total revenue from its overseas markets, increasing by 25% yoy. FPT Japan has 1,000 employees working at six offices, in Osaka, Nagoya, Fukuoka, Okinawa, and Shizuoka, and more than 7,000 employees serving projects for Japanese customers in Vietnam.

In 2018, FPT Japan aims at USD200 million in revenue and 1,400 employees and plans to transform into a Japan-based company operating under the group model, with its headquarter in Japan and member companies by business lines.

FPT Japan’s long-term goal is to become one of the Top 20 ICT companies and SI Tier 2 companies in the country, with estimated annual revenue of USD500 million and 3,000 employees.