FPT IS won the first million-dollar contract in the Philippines

The tender is a part of a financial support package given by the United States to the Philippines. The package aims to boost the Filipino people’s income by stimulating government and individual consumption, increase tax revenues and prevent corruption. The management system is expected to be implemented in 10 months in the country's government agencies. The Vietnamese firm will co-operate with the Philippine government to build a database of complaints and denunciations, and speed up their processes.

The management system is expected to be implemented in 10 months in the country's government agencies including the Ministry of Finance, General Departments of Taxation, Customs, etc.

The contract to provide a complaint and denunciation management system for the government of Philippine becomes FPT IS’ first million-dollar contract in the Philippines.

FPT IS beat six international contractors to win a USD1.4-million bid to provide a complaint and denunciation management system for the government of Philippines. This is the first time that FPT IS has won a bid in this market, raising its total number of tenders this year to 14, worth a total of USD 26.4 million.

Accordingly, FPT IS will co-operate with the government of Philippines to build a database of complaints and denunciations, helping improve their processes to be quick and on time.

In the time coming, FPT IS will continue to invest resources in the Philippines. It is expected that FPT will open a representative office in the Philippines in November, then founding the company. Following Bangladesh, the Philippines are planned in the global strategy of FPT IS.

FPT IS Global General Director Le Anh Tuan said that the Philippines is one of its main markets and the company expects to get more contracts there in 2015.

After winning the first contract in the Philippines, FPT leaders expect to get more contracts from the market in 2015. In addition to government and public finance sectors, customers of FPT IS will expand to sectors of banking, hospital and business etc.

Earlier, the company announced on September 9 that it would provide an integrated tax administration system for Bangladesh's Income Tax Department.