The contract is the biggest ever in 20 years, since Vietnam’s largest software business was established in 1999. Innogy SE, which has a network of 23 million clients worldwide, earned 44 billion euro in 2016. Under the contract, FPT Software will provide solutions based on SAP technology, Internet of Things and digital conversion platforms for Innogy SE in the period 2018-24. Chairman of FPT Software, Hoang Nam Tien, said that being a long-term partner of the RWF would make a great contribution to the firm’s revenue in the European market and open up opportunities for accessing the RWE’s big customers. FPT Software is the leading software exporter of Vietnam. It has been supplying services to about 550 clients globally, 75 of which are listed on the Fortune Global 500. Fabian Andreas, purchasing manager of Innogy SE, said his company was developing very fast so it was necessary to ensure access to knowledge and resources, but above all innovation capacity in the field of information technology to change the markets of power, water and gas. Previously, FPT bought all the capital of RWE Slovakia IT in 2014 and changed its name to FPT Slovakia. In the same year, it began projects on providing technology services for RWE AG/Innogy SE. So far, these projects have obtained positive results. FPT Software has been supplying services to about 550 clients globally, 75 of which are listed on the Fortune Global 500. Source: VNA
Work starts on USD 100 million Korean-invested factory in Haiphong With a total investment of USD 100 million, up to the present time, this is the largest satellite factory of Haengsung Electronics in Vietnam. On an area of 10 ha, the factory will provide electronic components for LG Technology Combination in Trang Due industrial park, Dinh Vu - Cat Hai economic zone. The factory specializes in manufacturing and assembling electronic integrated circuits, electronic circuit boards for electronic products, telephones and home appliances with a capacity of 4.77 million electronic boards, 6.864 million chips for phones, 3.96 million electronic boards, and…... [read more]
Vietnam's second largest mobile network operator, MobiFone, earned nearly VND 2.10 trillion (USD 100 million) in profits during the first quarter of this year, according to VnEconomy. MobiFone General Director Le Nam Tra said at a recent Ministry of Information and Communications meeting that the result was about 30 percent of the company's target for 2015. During the first quarter, the firm reported about VND 8.56 trillion (USD 407.62 million) in turnover, reflecting a 4.6 percent year-on-year surge and representing 28.5 percent of the annual quota. Tra said the company expected to reach VND 9.46 trillion (USD 450.48 million) in…... [read more]
On May 25, Ho Chi Minh City inaugurated a biotechnology center covering 23 hectares of land. Speaking at the inauguration ceremony, Chairman of Ho Chi Minh City People's Committee Le Hoang Quan stressed the importance of biological technology, especially the role of the city scientific and technological center in southern provinces and throughout the whole country. Biotechnology is one of key fields advancing sciences and technology. He urged authorized agencies and the center to promptly complete the project to make the center operational by 2014. The center is expected to receive and explore new biotechnologies from the world to apply…... [read more]
FPT Software has signed a three-year contract with German energy supplier E.ON. to provide software services. A company announcement made in early March said the services comprise software development, testing and project management. The value of the project is expected to be more than 10 million USD. This is the second-largest contract for FPT Software in the energy sector, the first one being a five-year contract with Germany's electricity and gas supplier RWE Group. The Vietnamese software giant said that the deal with E.ON proves its ability and backs its ambition to become a leading IT service provider in the…... [read more]
Acompany announcement made in early March said the services comprisesoftware development, testing and project management. The value of theproject is expected to be more than 10 million USD. This isthe second-largest contract for FPT Software in the energy sector, thefirst one being a five-year contract with Germany's electricity and gassupplier RWE Group. The Vietnamese software giant saidthat the deal with E.ON proves its ability and backs its ambition tobecome a leading IT service provider in the German market. Ithas also signed a contract to provide software development, testing andsolution design services for DCI AG, a German company providingcreative solutions in…... [read more]
