FPT and P3 Group establish joint venture to implement large-scale projects

Through its member company FPT Software, FPT and P3 Group announced the establishment of the joint venture P3 Vietnam Ltd to raise standards in software development.

Drawing on P3’s extensive expertise and FPT’s professional resource mobilization and project management capabilities, the joint venture is expected to rapidly and effectively promote global technological innovation for customers. Specifically, P3 Group will bring to the joint venture a deep understanding of the requirements of the European market, along with specific knowledge in industries such as automotive and energy.

FPT and P3 Group establish joint venture in Vietnam.

"The joint venture will help us enhance our competitiveness while expanding our capabilities and resources, allowing us to support our customers more effectively and accurately throughout their digital transformation journey," said Robert Rendl, CEO of P3 Group. Through the partnership with P3, FPT said it will accelerate its global growth and is committed to providing cost-effective solutions for the most demanding large-scale projects. "FPT has established a strong position in the European market. By increasing investment in this strategic market, the joint venture with P3 will help us enhance our capabilities while expanding our services and customer network. As a leading technology company in Vietnam, we believe we will help customers optimize costs and operational efficiency," said Nguyen Khai Hoan, Deputy General Director of FPT Software. In addition, customers will receive high-end and cost-effective software solutions thanks to the Best-Shore model. This is a flexible combination of Onshore (production on site), Nearshore (production in neighboring countries) and Offshore (production in foreign markets), helping businesses carry out the most complex projects, while continuously customizing to meet the personal and financial needs of customers. Ms. Nguyen Thi Thuy Duong, Director of Revenue FPT Automotive, FPT Corporation will take on the role of CEO of P3 Vietnam, while Mr. Robert Rendl (P3) will hold the position of Chairman of P3 Vietnam. P3 is a multinational technology company specializing in software and consulting, founded in 1996 after being separated from the Fraunhofer Institute for Production Technology IPT. With many years of experience in industries such as automotive, aerospace, telecommunications and energy, P3 develops solutions and customizations to best meet the needs of customers. Source: https://vietnamfinance.vn/fpt-va-p3-group-lap-lien-doanh-trien-khai-cac-du-an-quy-mo-lon-d117734.html