FPT brand value is close to 1 billion USD

With a brand value of approximately 1 billion USD, FPT was honored in the Top 5 strongest brands in Vietnam and Top 10 companies with the largest brand value increase in Vietnam.

Representing FPT Corporation, Ms. Mai Thi Lan Anh, Communications Director, received the award.

At the "100 Most Valuable Brands in Vietnam 2024" Award Ceremony recently held by Brand Finance, FPT was honored in the Top 5 Strongest Brands in Vietnam, Top 10 Companies with the Largest Brand Value Increase in Vietnam, Top 12 Most Valuable Brands in Vietnam . At the same time, FPT was rated as outstanding in terms of "admirable brand" and growth index. Evaluating the FPT brand, Mr. Alex Haigh, Managing Director of Brand Finance Asia Pacific, said that in this year's ranking, FPT recorded an impressive 67% growth in brand value. The brand also improved its Brand Strength Index (BSI) score to 86.9/100, ranking in the Top 5 Strongest Vietnamese Brands. According to Brand Finance's research, FPT is also highly rated as an admired brand with strong reputation. The application of advanced technology and a strong presence in the global market are key factors that strengthen the leading position of the FPT brand globally. The Brand Strength Index (BSI) is an objective measure of a brand's performance based on many factors, such as brand awareness, customer loyalty to the brand (Brand Loyalty) or market share (Market Share). The above results were assessed by Brand Finance based on the opinions of more than 100,000 individuals worldwide about the brands of businesses, including more than 25,000 individuals in the Asia Pacific region. The value of a brand is determined based on analytical information about this brand opinion and the financial information of the business in the short term as well as the long-term growth potential. In the past 3 years, FPT's return on equity (ROE) has always been above 25%. The Group's capitalization reached 8.4 billion USD (as of October 10, 2024). In 2024, FPT plans to achieve revenue of 61,850 billion VND and pre-tax profit of 10,875 billion VND, an increase of about 18% over the same period. In the first 8 months of the year, FPT's revenue and pre-tax profit reached 39,664 billion VND and 7,077 billion VND, an increase of 20.8% and 19.9% ​​over the same period, and recorded many large projects globally, showing the increasing demand for investment in technology and affirming FPT's position and capacity. By 2030, reaching 5 billion USD in IT service revenue from abroad After 25 years of globalization, in 2023, for the first time, FPT Group reached the milestone of 1 billion USD in IT service revenue from foreign markets, joining the group of global billion-dollar IT service enterprises. Of which, revenue from digital transformation services accounts for about 50%. Recently, FPT has also continuously opened new offices in Germany, Sweden, Japan, India, Korea, etc., expanding opportunities to approach potential customers in high-growth areas such as healthcare, automobiles, manufacturing, energy, banking - finance, green transformation, etc. Within the framework of the event, participating in the discussion "Increasing brand value by building and transferring brand stories to the world", Ms. Tran Thi Kim Phuong, Director of FPT Software HCM, FPT Corporation shared 3 stories that helped FPT succeed globally. Those are accompanying major customers; attracting high-class personnel and focusing on the latest technologies. With the position of a world-class technology company, FPT leaders affirmed that FPT will continue to strive to contribute to making Vietnam a new destination for artificial intelligence and semiconductors in the near future. Currently, FPT is focusing its resources in five key areas: artificial intelligence (AI), semiconductor chips, automotive software technology, digital transformation, and green transformation. The Group also continues to promote globalization, aiming for the big goal of achieving 5 billion USD in IT service revenue from foreign markets by 2030 and further enhancing its position in the group of billion-dollar IT enterprises globally. Source: https://baochinhphu.vn/gia-tri-thuong-hieu-fpt-xap-xi-moc-1-ty-usd-102241011142200863.htm