FPT Chairman Truong Gia Binh Shares Three Key Words to Overcome Challenges: "Resilience - Creativity - Dedication"

Hanoi, October 12, 2022 - FPT was awarded among the "Top 10 Excellent Brands 2022" at the Vietnam Strong Brand Awards Ceremony. Also at the event, Mr. Truong Gia Binh, Chairman of FPT, was honored as one of the six "Best Entrepreneurs" – The title for leaders who stand strong to overcome challenges and keep the business growing steadily and sustainably.

The results are based on the assessment of macroeconomic and industry economic experts, representatives of industry associations, and market research specialists... on operational aspects such as economic growth, the internal implementation of digital transformation, sustainable development, and social responsibility activities.

Mr. Truong Gia Binh, Chairman of FPT, received the "Best Entrepreneurs" Award.

Also, in the framework of the ceremony, a panel discussion was held on the theme of "Creating & Developing Green Vietnamese Brands" with the participation of two special panelists, Mr. Truong Gia Binh, FPT Chairman, and Ms. Le Hong Thuy Tien, CEO of the Inter-Pacific Group (IPPG).

Through the discussion, attendees had a chance to acknowledge Vietnamese entrepreneurs' missions to contribute to the country's innovation, integration, and development. The panelists also shared their points of view about the strategic objectives and action plans of FPT and IPPG, which expressed their aspirations and dedication following the ideology of "serving the Nation and the People" of Uncle Ho. Their thoughts have motivated and inspired Vietnamese entrepreneurs to overcome challenges, create new values, and join hands to realize our nation's prosperous and mighty aspirations.

FPT Chairman Truong Gia Binh Chairman at the panel discussion named "Creating & Developing Green Vietnamese Brands"

FPT Chairman said, "In the last three years, the world has faced an unprecedented pandemic. The most important thing for entrepreneurs facing major challenges is resilience amid difficulties. Like against the storms, we don't know where the wind will come from. We can only be ready". He also shared that FPT steadfastly overcame the Covid-19 pandemic to acquire large contracts of tens of millions of USD, ensuring the smooth operation of thousands of projects and sustaining its growth. Mr. Binh wrapped up three keywords, "Resilience, Creativity, and Dedication," emphasizing what empowers businesses to stay strong.

Ms. Mai Thi Lan Anh, Deputy Director of Marketing and Communications, represented FPT in receiving the Top 10 Excellent Brands Award

Being well-prepared for human resources and technological infrastructure from the first waves of the pandemic in 2020, FPT adapted quickly and created good momentum for the following years. Taking advantage of the strong global demand for digital transformation, FPT promoted the development of new products and services, increased sales in domestic and foreign markets, and fostered business partnerships. At the same time, the Corporation also constantly created growth engines, embracing the needs and solving the most urgent pain points to help clients adapt flexibly to socio-economic fluctuations, political instability, natural disasters, and pandemics. As a result, it witnessed positive business results and steady growth in the 2020 - 2022 period. In the first eight months of 2022, the revenue and profit of the Corporation both grew by 24% compared to the same period, equivalent to VND 27,060 billion and VND 4,951 billion.

In parallel with accompanying businesses and organizations to accelerate digital transformation, FPT has constantly transformed its business activities and corporate governance towards the real-time, data-driven digital enterprise model. In 2021, 43 internal digital transformation projects were implemented across the Corporation and its subsidiaries related to automation and digitalization of business processes, customer care management, human resource management, and management of business targets and plans... Those projects helped save VND 98 billion in expenses and contributed VND 141 billion in revenue. For example, the FPT Customer Data Platform analyzed the data of more than 48 million customers using its service platforms. As a result, it provided better insights into customers' needs and behaviors to offer suitable and timely solutions.

Not only ensuring sustainable economic growth, but FPT is also one of the enterprises actively involved in social responsibility activities. For instance, with the cooperation of 37,180 employees, FPT sponsored VND 183.6 billion for more than 100 CSR events, bringing the most practical values to 134,494 people nationwide in 2021. Activities mainly focus on supporting the community in fighting against the Covid-19 pandemic, providing high-quality/digital human resources training programs, giving a hand to disadvantaged people, and donating blood... Furthermore, in the context of more than 4,000 children who unfortunately lost their parents due to the Covid-19 pandemic, FPT Chairman Truong Gia Binh initiated the idea of establishing a school with the desire to raise them and to give them knowledge and strength to pursue their dreams. In the 2022 – 2023 academic year, the first 200 students were welcomed to the school named Hope.

Speakers at the "Creating & Developing Green Vietnamese Brands" discussion

Through nearly 20 years of implementation, the "Vietnam Strong Brand Awards" program is the largest annual event for the Vietnamese business community, organized by VnEconomy and Vietnam Economic Times. The program converges numerous top leaders of Vietnam's leading prestigious corporations and enterprises, managers, policymakers, and local and international economic experts.