FPT CEO: Every strong enterprise will speed up the national economic recovery
Also within the framework of the forum, FPT CEO Nguyen Van Khoa participated in the panel discussion "Adapting to the new normalcy". He revealed how FPT quickly followed the trend and flexibly changed in the last crisis period to ensure stable business operations and sustainable development.
FPT was honored as the only technology company among Vietnam’s Top 50 listed companies at the Business Forum 2020 under the theme of “Weathering the Turbulence” by Forbes Vietnam on October 15th. This is the 8th time that FPT has been named among the list. Also within the framework of the forum, FPT CEO Nguyen Van Khoa participated in the panel discussion "Adapting to the new normalcy". He revealed how FPT quickly followed the trend and flexibly changed in the last crisis period to ensure stable business operations and sustainable development. In addition, he also described FPT's contributions to creating new platforms which help motivate the Vietnamese business community to unite in the new context and accelerate the digital transformation to promote the recovery and development of the national economy.
FPT CEO Nguyen Van Khoa joined the panel discussion "Adapting to the new normalcy"
In 2020, Covid-19 epidemic plunged every business and global economy into deep recession. Sticking to its goals, promoting its technology capacities and experience in cooperation with leading domestic and foreign corporations as well as the ecosystem of digital transformation products and solutions, FPT has quickly transitioned from “peacetime to wartime” production to adapt to the economic uncertainties.
Thanks to the acumen in the development strategy, FPT saw 7.6% growth in revenue and 11.7% increase in the first 8 months. Even in the challenging period, FPT won a series of large contracts, such as becoming a priority partner to implement IT project worth tens of millions of dollars for a leading auto trading firm in the U.S.
Besides, FPT accompanied many domestic enterprises in all fields digitally transforming many stages in the operation process, supporting the business community to organize business activities under the new model.
“At present, Covid-19 in Vietnam has been controlled. This is the best opportunity for businesses to overcome weaknesses in operation and solve issues raised during the hot growth period. The successful policies in wartime will continue to be applied and promoted in peacetime. In the Covid era, leaders must resume their role, "see the opportunity in the crisis” and find their own opportunities when enhancing creativity, fostering innovation with technology, implementing digital transformation, seeking opportunities in the international market,” stated Nguyen Van Khoa.
“Every enterprise which makes breakthrough and develops strongly will speed up the national economic recovery,” said FPT CEO
According to him, Vietnamese enterprises need to promote cooperative relationships, take advantage of each other's strengths to expand the customer base, ensure smooth and seamless business processes. "During the" wartime ", we have done a very important thing – synergy. Synergies between member companies, synergies with others, partners, customers etc. are performed by exchanging views and sharing experiences, then creating revenue and profit breakthroughs. Every enterprise which makes breakthrough and develops strongly will speed up the national economic recovery,” added Mr. Khoa.
Mr. Khoa also said that FPT will stick to the digital transformation strategy, as well as promote Vietnamese business alliance to discuss difficulties and develop solutions to restore businesses. On October 29th, FPT organizes the second workshop in the series of “From surviving to thriving” forum for the leaders from top largest enterprises in Vietnam in order to analyze the market in the next normal, then they can make correct plans to approach customers, develop the market and lead their companies to success.