FPT’s pre-tax profit reach VND 2,246 billion, up 5% after 11 months

According to business result for eleven months in 2013 recently published, FPT earned a total revenue of VND 24,927 billion, increasing by 14% compared to the same period last year and exceeding 6% of the 11-month plan, equivalent to 93% of the year plan.

23/12/2013

Pre-tax profit reached VND 2,246 billion, increasing by 5% compared to the same period in 2012 and completing 99% of the 11-month plan, equal to 85% of the year plan. Profit-after-tax was VND 1,862 billion and profit-after-tax of holding company was VND 1,385 billion, respectively increasing 4% and 2% compared to the same period of the prior year, completing 84% and 82% of plan for the entire year. Earning per share (EPS) was VND 5,049, an increase of 1% compared to the same period last year.

Technology and Telecommunication accounted for the most proportion in the profit pie with 76%. Technology-related businesses include Software, System Integration and IT Services, the cumulative progressive turnover and profit of which increased by 19% and 8%, respectively. Telecommunication businesses including internet services and digital content grew by 10% in revenue and 14% in profit.

Highlight activities in November 2013

FPT Software open new headquarters

On November 13, the opening ceremony of FPT Software ’s new office building is held at Hoa Lac High-Tech Park, Thach That district , Ha Noi.

The ceremony is held to mark the 20-year dream of a “software village" named FPT of Chairman Truong Gia Binh into reality as well as effort of all FPT Software’s employees to make the dream come true.

In particular, the ceremony brings an opportunity to tighten the Vietnam-Japan friendship and traditional relations on the occasion of 40th anniversary of the establishment of diplomatic relationship between two countries (September 21, 1973 – September 21, 2013). Many activities to celebrate this special event will be conducted in the framework of FPT's opening ceremony.

Moreover, the ceremony also helps promote stable and cooperative long-term relationship between FPT Software and Japanese customers, towards the celebration of 10 years of cooperation between the two sides.

As expected by the organizers, there will be about 200 participants in the ceremony including representatives of the Embassy of Japan, the Government of Vietnam, FPT senior leaders, FPT Software’s Japanese customers and FPT staffs.

In particular, Charge d'affaires at the Japanese Embassy in Vietnam Hideo Suzuki and Minister of Science and Technology Nguyen Quan will deliver speeches at the opening ceremony.

The artistic cultural activities of the ceremony will highlight the Vietnam-Japan friendship.

FPT IS and LogNet Systems to bring modern billing solution

LogNet Systems, the provider of the Modern Billing solutions for service providers worldwide, and FPT Information System (FPT IS) announced that the two companies formed a global partnership to integrate LogNet Systems’ MaxBill solution for Modern Billing into FPT IS’ portfolio of OSS/BSS solutions.

The two companies would cooperate on billing solutions for telecommunications, electricity, water and other utilities. Other areas of cooperation included marketing, sales and project deployment and support activities.

FPT IS is a global system integrator with a prominent market presence in Asia, Europe, Africa and Americas. FPT IS is partnering with LogNet Systems to strengthen and expand the billing solutions that it delivers to telecommunications service providers, utilities companies and municipalities.

The MaxBill solution from LogNet Systems empowers service providers to succeed in rapidly changing and highly competitive markets with a modern approach to billing and customer experience management. MaxBill enables service providers in a range of vertical markets to monetize both traditional and innovative business models and profit from providing a unique customer experience.

“Our strong implementation and support capabilities combined with MaxBill’s modern approach to billing and customer management creates a compelling value proposition for any telco, utility company or municipality,” explained Duong Dung Trieu, CEO of FPT Information System.

“FPT IS has an incredible market presence and impressive implementation capabilities that will certainly extend the market reach for our MaxBill solution”, declared Kirill Rechter, CEO of LogNet Billing.

FPT Information System and LogNet Systems are already jointly pursuing a number of opportunities across the world.

FPT Polytechnic help youth with early startup

FPT Polytechnic has decided to deploy an early career program, under which graduates from secondary schools can study more 3 years to get vocational certificates, or 4 years to get full-time vocational college certificates.

Called "9 +4", this program derives from the fact that the Vietnamese youth begin your startup more lately than the world’s youth due to levels of education as well as late career orientation.

According Dean of FPT University Le Truong Tung, the career separation under the 9 +4 model would help solve social psychology of flocking to universities, ease inter- college and reduce time for startup.

Attending the 9 +4 program, students will be trained skills and professional expertise which enable them to work immediately as well as follow the inter- university program lasting 1.5-2 years.

The head of FPT University said that 9 +4 model was being applied in many countries. Annually, recruiters accept the 9th-grade students to learn at Polytechnic in Singapore under this model.

It is expected that the 9+4 program will be deployed in 2014. Accordingly, graduates of secondary school can follow the flexible model without further education. After 3 years, students can get vocational certificates and if studying another year, they will be granted full-time vocational college certificates. Under this program, students will learn 4 high school subjects as well as be apprenticed to receive high school diplomas required by the Ministry of Education and Training.

The sectors such as software testing and programmer are expected to train. Students will be introduced jobs after graduation. Tuition of FPT Polytechnic is about VND4 million per semester. Tuition of the 9 +4 program may be equivalent or less.

FPT invest in English center chain

CEO of FPT Bui Quang Ngoc has just signed a decision approving the development project of English training center chain of FPT Education Co., Ltd (FPT GEM English) with an initial capital of VND 20 billion in the first year. Earlier, Chairman of FPT University Le Truong Tung decided to establish FPT GEM English.

This system will offer high-quality English teaching programs to students aged from 7 to 13, developing experience-based learning methods.

Accordingly, FPT GEM English will use smart technology in education, first applied to English subject in order to change teaching methods and learning models under constructivism as well as provide good opportunities to learn English for the masses.

Curriculum of FPT GEM English is consulted by experts in education and technology from the U.S., Israel and FPT and run on Digital teaching platform. System helps forming the top quality services, ensuring that students will gain B1certificate according to European standards.

Currently, the first centre of FPT GEM English is headquartered at Viet – Uc building,My Dinh 1 urban area , Tu Liem, Hanoi. It is expected that there will be 5 centers across the country including two ones in Hanoi and three ones in HCMC by 2014.

Unveiling smartphone FPT F55

On 1st November 2013, FPT Technology Products Co. Ltd under FPT Trading Group officially unveiled smart phone FPT F55. Towards simplicity and sophistication, FTP only launches two versions in black and white.

FPT F55 is truly eye-catching with youthful and trendy design. The slightly beveled frame that wraps around the edge and rounded corners make the device slimmer than actual thickness (9.47 mm). Despite its large 4.5- inch screen, FPT F55 fits perfectly in the hand of both male and female.

Featuring the dual core processor at the speed of 1.3GHz, 512MB RAM, 4GB ROM, FPT F55’s configuration is powerful enough to run popular applications smoothly. In addition, it can also handle multiple tasks at the same time on Android 4.2 version instead of 4.0 or 4.1 versions of products in the same price range. With 3G connection, Wi - Fi, Wi - Fi hotspot and GPS, FPT F55 can connect to the Internet and support mapping and direction applications.

Two cameras are other noteworthy features of the product. In all lighting conditions, the 5.0 - megapixel auto focus back camera with LED flash can capture sharp photos. Besides, FPT F55 also offers many useful shooting features such as face recognition, smile detection, self-timer, continuous shooting of up to 99 pictures, and panorama shooting mode. It is equipped with a VGA front-facing camera for video calling.

In addition to F–store, FPT F55was installed many other apps such as digital music, Vietnamese keyboard, Bkav antivirus software etc. At present, it is on sale at VND 2,450,000 (VAT included) along with 13-month-warranty.

Earlier, on October 22nd, FPT also launched 5-inch screen smartphone F80 at VND 2,890,000 (including VAT).

More information about FPT F55 can be found on the website: http://www.fptproduct.com.vn/

FPT officially provide IBM PureFlex System

On 5 November 2013, FPT Distribution Company (FDC) became an official provider of IBM's integrated infrastructure solution, PureFlex, in the Vietnamese market. Thus, FDC secures rights to distribute the entire software & hardware products and services of IBM in Vietnam.

PureFlex System is the future technology trend towards cost-effective and comprehensive solutions, then reaching Big Data, Smart Cloud and virtualized IT infrastructure. The PureFlex System merges storage, networking and management capabilities into one infrastructure system, aiming to enhance the connection between servers and increase the capacity for storage, processing and information security.

FDC will put the solution on sale in the Vietnamese market with 2 versions. Version 1 offers IBM's full hardware solution including servers, storage and networking systems and uniform management service. Version 2 o ffers a solution package of hardware, virtualization components and operating systems on the forms available for customers (customized according to their needs).

About warranty, authorized warranty on the whole products is directly given by IBM’s service department. Customer contact channels include 04/08-39462000 and [email protected]. The service team will respond within 04 hours since being informed of incidents.

PureFlex System has onsite warranty on it in the inner city of Hanoi, HCM and Da Nang. For other locations, agents can purchase the upgrade warranty package or send equipments to FDC’s service centers in 4 cities of Hanoi, Ho Chi Minh, Da Nang and Can Tho to get warranty support.

In October 2013, FDC officially put Demo Center into operation, applied to all PureFlex System products. To sell Pureflex System products, agents must take exams and gain the certifications required by IBM to ensure the advisory capacity.

FPT and IBM began their collaboration in 1994. After nearly 20 years of cooperation, IBM and FPT have become important partners of each other and are working towards conquering large IT projects.

FPT Telecom sponsor ViOlympic

Following the success of "V-Olympic companion program" last year, FPT Telecom officially sponsors ViOlympic in academic year 2013 – 2014 and continues to deploy a series of companion programs for over 63 secondary schools in 21 provinces nationwide with a total value of up to VND500 million.

FPT Telecom will host offline games simulating test forms of ViOlympic in order to help pupils get accustomed to actual exams as well as improve such required skills as work group, fast calculation without calculators etc.

After the final entry winning rounds to be held in schools, districts, provinces and cities, students from all corners of the country will enter the national level contest. The national level contest is expected to be held on April 25, 2014 for fifth, ninth and twelfth grade students. The Ministry will set up a scientific council to design the examination questions.

The first program will be held in Phu Tho province on November 22, 2013 with the participation of students from Van Lang secondary school, Lam Thao secondary school and Phong Chau secondary school. Then, it will take place in provinces from North to South within 2 months (November 2013 - January 2014) namely Quang Ninh, Hai Phong, Hai Duong, Hanoi, Nghe An, Da Nang, Binh Thuan, Khanh Hoa, Ho Chi Minh City etc.

At each local contest, teams will compete to gain prizes including the first prize for whole team worth VND 2.5 million, the second prize worth VND 1 million; the third place worth VND 500,000. Members of winning team will be awarded gifts of the sponsor comprising merits, shirts, backpacks and helmets.

In 2008, in response to “Promote IT application to education” scheme , Ministry of Education and Training along with FPT Corp organized the Math Contest via Internet named ViOlympic for primary and secondary students . By the academic year 2012-2013 , the number of participants in ViOlympic has reached 13 million . The contest has covered 673 districts and 61 provinces and cities nationwide.

FSB listed among top 3 business schools in Vietnam 2013

According to the annual ranking of business schools and universities worldwide issued by Eduniversal in late October 2013, FPT School of Business (FSB) under FPT University was selected as one of the three best business schools in Vietnam.

Top 3 business schools in Vietnam include the FPT School of Business (FSB) - FPT University, University of Economics - Ho Chi Minh City (UEH) and CFVG - Centre Franco-Vietnamien de Formation à la Gestion.

Eduniversal is a university ranking by the French consulting company and rating agency SMBG specialized in Higher Education founded in 1994. The Eduniversal ranking is a selection of the Best 1000 Business Schools out of more than 4,000 ones in 154 countries in the world made by International Scientific Committee that has established a global mapping system meeting the criteria of universality and the international reputation of each academic institution.

Then rankings by country are established on the basis of the research work carried out by the International Scientific Committee, which compiles the list of criteria, together with the assessments made by peers: The Deans vote.

FSB has two training systems: Long-term and Short-term training. Long-term training one consists of 4 programs including Bachelor of Business Administration (BBA) degreed by FPT University, International Bachelor Degree offered by University of Greenwich, UK for students graduating from high school (4 year school) and college bachelors (1 year); and Joint Training Program DAS/MBA with the University of Applied Sciences and Arts Northwestern Switzerland FHNW. Short-term training programs are for managers, professionals, businesses in Vietnam.

To elevate administrators of Vietnamese enterprises, FSB has designed many different training programs. The most prominent program is Mini MBA for CEOs. Besides, there are also training courses of functional directors (CFO, CCO, CHRO), training programs of middle managers - SMM. For enterprises, FSB offers consulting services and training courses to improve professional capacity.

FSB’s strategic objective is to become an international business administration school towards prosperity of business community in Vietnam and around the world.

FPT IS win first prize in eAsia Award

In the morning of November 29, FPT Information System Company (FPT IS) was granted the first prize in eAsia Award by the Asia Pacific Council for Trade Facilitation and Electronic Business (AFACT) at the Rex Hotel in District 1, Ho Chi Minh City.

Accordingly, FPT IS’s project to build and implement the electronic clearance system for the Vietnam Customs under the category of e-commerce application for public services is one of six typical projects of Vietnam honored at this conference.

“The award reaffirms position and experience of FPT IS in the field of electronic services in general and e-customs in particular”, Deputy Director of FPT IS FSE Mr. Tran Phong Chau stated.

E-Customs project has been deployed from 2005 to 2013 with the aim of building and upgrading the system, expanding electronic customs processing toward modernizing processing procedure as well as IT infrastructure of the customs sector.

With their deep professional understanding and experience in implementing the IT project for Vietnam Customs during 1995-1996, FPT IS’s engineers designed the optimal electronic clearance system, which is open to be easily upgraded and integrated with other systems.

By August 2013, there have been 135 sub-departments across Vietnam to run the system, 40,190 businesses to use e-customs procedures (accounting for 94.6 %) and 2,488 million returns (reaching 90.6 %).

FPT Software named to Global Services 100 list

For the second consecutive year, FPT Software has been listed among Top 100 Global Service Providers 2013, which was jointly evaluated and declared by Global Services (India) and NeoGroup (the U.S.).

The Global Services 100 analytical model is based on four key criteria including performance and leadership, quality and maturity of customers, breadth of services offered, and spread of global delivery capabilities.

Announced late November, the 2013 Global Services 100 list represented companies that demonstrate excellence in delivering Information Technology Outsourcing (ITO) and Business Process Outsourcing (BPO) services globally.

In August 2012, FPT Software was recognized as a Top 100 Global Services Provider for the first time. In September 2013, it continued being listed in the Annual Software 500 Ranking of the world’s largest software and services providers issued by Software Magazine. FPT Software became the first Vietnamese IT enterprise among the prestigious list.

Finishing Quarter III, FPT Software achieved USD 73 billion in revenue and nearly 4,766 employees. The company is on the way to completing the 2013 plan with its determination to become the first software company in Vietnam to gain USD100 million in revenue.

Press Contact:

Ms. Nguyen Huyen Phuong

FPT Communication Department – HCMC

Email: [email protected]

Tel: +84 8 73007300 - ext 87879

Mobile: 093 603 7879

Ms. Mai Lan Anh

FPT Communication Department – Hanoi

Email: [email protected]

Tel: +84 4 73007300 - ext 41922

Mobile: 0912 081 922