Deputy Minister of Information and Communications Bui Hoang Phuong shared at the event.
In the coming time, the Government will continue to issue many support policies. For example, next June, the Government will issue a project to develop semiconductor human resources until 2030, submit to the National Assembly, and expect to issue a law on digital technology industry to promote this field by 2025. "I hope that today will leave a new mark, a new inspiration. An inspiration for Vietnam to have many billion-dollar technology corporations like India, an inspiration for Vietnam to have many unicorns like India, making a mark in the technology cooperation between Vietnam and India to serve the global market", Mr. Nguyen Van Khoa - General Director of FPT and Chairman of VINASA shared.
Mr. Nguyen Van Khoa, General Director of FPT, Chairman of VINASA shared at the event
FPT expects to soon have a second 1 billion USD. Talking about this visit, the "legend" of the Indian information technology industry assessed Vietnam as the only country in Southeast Asia that can create a software service business like FPT. He affirmed that FPT in particular and Vietnam in general are "unique". Narayana Murthy affirmed that Vietnam has recently emerged as a global technology destination, reflecting the country's commitment and investment. He also praised the courage, diligence, discipline, creativity and ambition of many generations of Vietnamese people. Thanks to these qualities, in the next 20 years, Vietnam will soon become one of the leading developed countries in Asia and one of the fastest growing countries in the world. As for FPT, right from the first years, the founders of FPT encountered many difficulties. However, thanks to good leadership as well as a little luck, this group has risen and achieved many successes. He believes that FPT will be more successful in the future.
Mr. Narayana Murthy assessed that Vietnam is the only country in Southeast Asia that can create a software service enterprise like FPT.
It is known that last year was the first year that FPT reached the milestone of 1 billion USD from foreign markets. Last year, FPT's customer profile had a customer with a revenue of over 200 million USD for the first time. This customer is based in the US, the only company in the world that provides a complete set of solutions for car distributors such as inventory, marketing, sales, after-sales, and operations. In the coming time, the company will implement a balanced strategy, developing in parallel between markets, including the US, Japan, and APAC, each market 30-35%, ensuring growth of over 25%. At the same time, shifting customers, specifically since 2018 with a "whale hunting strategy" focusing only on customers with revenue of millions of USD, and currently 80% of customers bring in revenue of millions of USD for FPT Software. “After 24 years of globalization, FPT reached 1 billion USD in IT service revenue from foreign markets in 2023, and Infosys also achieved the same feat in a similar period of time. Therefore, I believe that FPT will reach the next milestone, 2 billion USD in IT services from foreign markets much faster, with a lot of determination, courage and continuous efforts. FPT is and will contribute significantly to the future growth of Vietnam,” Mr. Narayana Murthy emphasized. From Infosys’s own practical experience, Infosys Founder Narayana Murthy believes that to be successful, along with choosing high-demand fields, to be successful, businesses need to ensure three important factors: Sales, Financial Control and Human Resources. “If we cannot sell products, the company will not have revenue, and without revenue, the company cannot operate. Once we have revenue, we must ensure that all costs are controlled. Try to spend less than the company has. And another important thing is to ensure the operation of all departments in the company, we need to have a good staff." According to Indian IT legend Narayana Murthy, the most important thing for the company is not to create profit but to create jobs. He believes that when creating more jobs, sales and profits will come naturally, because that is the root of business, while sales and profits are just the consequences. Sharing the same view with Infosys Founder, Mr. Truong Gia Binh, Chairman of the Board of Directors, said that FPT is also doing the same, FPT is aiming to create more jobs to change the lives of young people and towards the milestone of 1 million employees by 2035.
Mr. Narayanan Murthy visited and worked with FPT leaders and member companies
Infosys – The "Father" of the Indian IT industry with a history of rapid development Infosys is known as a fairly old enterprise in India, having been established in the early 80s of the last century with relatively little capital. Mr. NR Narayana Murthy shared that when he founded the company, his initial dream was to become one of the most important enterprises in India. However, instead of money, he considered respect more important than anything else. This was the guiding principle throughout the company's establishment and development. Only 6 years after its establishment, Infosys opened its first branch in Boston, USA and quickly became a public company in 1993. In 1999, the company achieved a revenue of 100 million USD, and had its shares listed on the NASDAQ exchange in the United States. Not stopping there, they continued to grow rapidly, opening many branches in other countries and reaching the revenue milestone of 1 billion USD in 2004 and 10 billion USD in 2016. Infosys is currently the 3rd largest Indian information technology company in 2017 and the 596th largest company in the world in terms of revenue. In August 2021, in the face of the boom in technology stocks, Infosys' market value reached the 100 billion USD mark for the first time and became the fourth Indian company to reach this milestone.FPT
source: https://fpt.com/vi/tin-tuc/tin-fpt/duoc-huyen-thoai-cntt-an-do-khen-doc-nhan-vo-nhi-ceo-fpt-mo-co-nhieu-ky-lan
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