Slovakian Minister of Economy affirm the need to replicate FPT 's success

Slovakian Minister of Economy Peter Ziga stated that FPT’s investment project was a successful example that needed  to be replicated.

Deputy Prime Minister Vuong Dinh Hue’s trip to Slovakia from September 20-21 helped develop and reinforce friendship and cooperation between Vietnam and Slovakia. On September 21st, he attended a workshop on promoting Vietnam-Slovakia investment with more than 100 businesses in Slovakia and Central and Eastern Europe represented.

According to the Vietnamese Deputy PM, in 2016, the two-way trade turnover reached about 450 million USD, up by 1.5 times from 2015 and up by 3.5 times from 2010. In terms of investment, Slovakia has so far run 8 investment projects in Vietnam with a total registered capital of nearly 245 million USD, ranked 35th among the 122 countries and territories investing in Vietnam while Vietnam also has an investment project to Slovakia run by FPT.

Slovakian Minister of Economy Peter Ziga stated that Slovakia was the fastest growing country and maintained the lowest debt ratio in the Eurozone, besides political stability and high creativity in cutting-edge industries.

"FPT - a tech giant in Vietnam is investing in Slovakia. This is a successful example that needs to be replicated," said he.

In 2014, FPT Corp purchased RWE IT Slovakia, a subsidiary of Slovak energy corporation RWE and set up the FPT Slovakia. This is FPT’s first Mergers and Acquisitions (M&A) in a foreign market, which is the largest Vietnamese investment project in Slovakia.

 FPT Slovakia offers IT services to companies in Germany, Slovakia and Europe and is considered one of the key drivers for FPT's strong growth there.