FPT Software accounts for 22% of total revenue generated by Vietnam's top 40 IT companies

Vietnam’s top 40 IT firms generate VND14.3 trillion in revenue for the full year 2014. FPT Software is ranked number one with 22% share.

The Vietnam Software and IT Services Association (VINASA) revealed the list of Vietnam’s top 40 IT firms 2015. Accordingly, FPT Software was ranked No. 1 in the field of BPO (Business Process Outsourcing), ITO (IT outsourcing) and KPO (Knowledge Process Outsourcing) in terms of both revenue and workforce. 

In terms of revenue, FPT Software recorded VND 3,035 billion in 2014, which was 4.5 times higher than No. 2-ranked firm’s, accounting for nearly 22% of total revenue generated by Vietnam’s top 40 IT firm. In terms of workforce, FPT Software had 2.3 times more employees than the second biggest firm.

Top 40 IT companies selected from more than 100 nominations. The jury board consisted of 22 members including IT experts and business management experts. These companies were working in BPO, IT Outsourcing, KPO; software, IT solutions and services; and digital content and mobile solutions.

“Vietnam’s top 40 IT companies deserve the title. They have generated revenues of VND14.3 trillion, accounting for one fourth of total revenues of the software and digital content sector. These companies are employing more than 23,300 highly skilled workers, making up one sixth of the sector’s workforce,” said VINASA Chairman Truong Gia Binh.

The selection of Vietnam’s top 40 IT companies was done for the first time last year to promote the companies to potential partners as well as to promote Vietnam’s IT industry.

Highly appreciated by enterprises, the program plays role as a useful bridge between local enterprises and domestic and international markets, contributing to the implementation of Resolution No.36-NQ-TW issued by the Politburo on boosting IT development and application to serve the nation's sustainable development and international integration.

The honoring ceremony of Vietnam’s top 40 IT firms 2015 will take place at Gala Dinner of Vietnam IT Outsourcing Conference 2015 (VNITO) and Japan ICT Day 2015 from October 14 to 15 in HCMC.