PM Pham Minh Chinh (front, third from right) and other officials at the opening ceremony of the FPT Software office in New York on May 15 (Photo: VNA) This is FPT Software’s second office in New York, 10th in the US, and 58th in world. The company is providing technological and digital transformation services for tens of businesses in the Fortune 500 list in the North American country. After 14 years of operating in the US, FPT Software now has 450 employees and its clients are from 30 states across this country. The US is currently one of the two largest markets of the company, whose revenue here rose 52 percent year-on-year in 2021 and 60 percent in the first quarter of 2022. Dang Tran Phuong, Director of FPT America, said FPT Software is the second Vietnamese company to open an office in New York - the world’s largest economic, financial, and technological hub. It hopes that in the next three years, its office in New York will contribute to 20 percent of its total revenue in … [Read more...] about PM attends opening ceremony of FPT Software’s second office in New York
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FPT Software opens second office in New York
The new office marked FPT’s development and improvement of Vietnam’s IT capacity, Prime Minister Pham Minh Chinh said at the opening ceremony. The PM also called on Vietnamese authorities to support Vietnamese businesses abroad, which will contribute to the country’s development. Pham Minh Tuan, FPT Software general director, targets turning the U.S. into its biggest market in the next two years and raising revenues to billions of dollars by 2023. Located at 295 Madison Avenue in Midtown Manhattan, the new office is FPT Software’s 58th unit globally. FPT Software started operating in the U.S. 14 years ago. It has more than 700 customers to date, 100 of which are Fortune Global 500 companies. … [Read more...] about FPT Software opens second office in New York
FPT Software opens 10th office in the US
Prime Minister Pham Minh Chinh attended the opening ceremony of FPT Software's new office in New York City Speaking at the ceremony, Prime Minister Pham Minh Chinh stressed the importance of the event in the context of Vietnam’s rapid recovery after the pandemic, showing the country’s sustainable socioeconomic development with a focus on technology and innovation. The PM believed that FPT would develop faster and stronger, contributing to the development of science and technology among Vietnam’s businesses. Dang Tran Phuong, CEO of FPT Americas said, “This is a milestone asserting our rapid and strong growth in the world's largest economy. In the next three years, we expect the new office to contribute 20 per cent of FPT Software's total revenue in the US, with the number of employees working directly with US reaching 5,000 people." This is FPT Software's 10 th office in the US and the company's 58 th worldwide. The new office is located at 295 Madison Avenue in New York … [Read more...] about FPT Software opens 10th office in the US
Young people invent anti-cheating software for online exams
As the fourth wave of the COVID-19 pandemic hit the country in 2021, students had to study and take exams online. However, cheating on online exams has caused headaches for schools. (From left to right) Members of the EduExam project: Hoàng Mậu Trung, Nguyễn Thị Thanh Tâm and Nguyễn Văn Nam. Photo courtesy of EduExam/thanhnien.vn To help schools prevent and discover cheating, a group of young alumni of the Posts and Telecommunications Institute of Technology invented a piece of software which can detect cheating in up to 80 per cent of cases. Hoàng Mậu Trung, Nguyễn Thị Thanh Tâm and Nguyễn Văn Nam, all aged 24, built an online exam system named EduExam, using artificial intelligence technology. According to Trung, the project leader, the EduExam online exam system can be used for all levels of education, from primary school to university, for multiple-choice to essay tests. The system is easy to use and easy to install on computers and laptops. After … [Read more...] about Young people invent anti-cheating software for online exams
FPT opens new office in New York, 10th in US
FPT Software is providing services to more than 700 customers worldwide, including 100 Fortune Global 500 firms. FPT Software, a subsidiary of Vietnamese FPT Corporation, on May 15 opened an office in New York, marking its 10th in the US to tap the annual IT growth rate of 6% in the world’s leading IT market. The opening ceremony was attended by Vietnam’s Prime Minister Pham Minh Chinh, who is on his week-long visit to the US. The opening ceremony of FPT Software's New York Office was attended by Vietnam's PM Pham Minh Chinh (4th from left), and representatives from Vietnam and the US. Photos: VGP Located at 295 Madison Avenue, Midtown Manhattan, the new office, which is FPT Software’s 58th unit globally, aims to continue providing services and digital transformation to dozens of Fortune 500 in the US. Midtown Manhattan is the financial hub of New York City, which is home to famous buildings namely the Empire State, Chrysler, and Rockefeller Center that … [Read more...] about FPT opens new office in New York, 10th in US
HCMC highly appreciates contribution of scientific-technological organizations
Deputy Head of the Standing Committee of the Propaganda and Education Board of Ho Chi Minh City Party Committee Le Hong Son visits VUSTA. (Photo: SGGP) Deputy Head of the Propaganda and Education Board of Ho Chi Minh City Party Committee To Dai Phong (third from the right) visits the Center for Biotechnology. (Photo: SGGP) Accordingly, the delegation led by Deputy Head of the Standing Committee of the Propaganda and Education Board of Ho Chi Minh City Party Committee Le Hong Son went to the HCMC Department of Science and Technology, the Vietnam Union of Science and Technology Associations (VUSTA), and the HCMC Institute for Development Studies (HIDS). Meanwhile, the delegation led by Deputy Head of the Propaganda and Education Board of Ho Chi Minh City Party Committee To Dai Phong came to the Center for Biotechnology and Quang Trung Software City. Deputy Head of the Standing Committee of the Propaganda and Education Board of Ho Chi Minh City Party Committee Le Hong Son … [Read more...] about HCMC highly appreciates contribution of scientific-technological organizations
Using 5G to scale and revolutionize the robotics industry
At the annual Qualcomm® 5G Summit event, the Company is unveiling an expanded roadmap of cutting-edge 5G and edge-AI robotics solutions with the introduction of the Qualcomm Robotics RB6 Platform and the Qualcomm RB5 AMR Reference Design. Qualcomm Technologies latest advanced edge-AI and robotics solutions will support the creation of more productive, autonomous, and advanced robots. The solutions will help unlock new commercial realities including AMRs, delivery robots, highly automated manufacturing robots, collaborative robots, UAM aircrafts, industrial drone infrastructure, autonomous defense solutions, and beyond. The Qualcomm Robotics RB6 Platform and the Qualcomm RB5 AMR Reference Design will support evolving applications for OEMs and robot manufacturers looking to integrate ground robots in industrial use cases across sectors including government service applications, logistics, healthcare, retail, warehousing, agriculture, construction, utilities, and more. The new … [Read more...] about Using 5G to scale and revolutionize the robotics industry
Vietnam’s path to becoming a cybersecurity powerhouse
Decisive factors Cybersecurity plays an important role in accelerating the national digital transformation process. According to Trinh Ngoc Minh, a member of the Executive Committee of Vietnam Information Security Association’s (VNISA) southern branch, Vietnam has significantly improved its data privacy protection capabilities and was listed among the top 25 countries and territories (out of 194) in the 2020 Global Cybersecurity Index (GCI). Minh said investment and interest in Vietnam's cybersecurity have been growing, with spending in this field increasing 50 percent and numerous domestically developed information security products put into use. Minh explained that a cybersecurity powerhouse is able to affect the world's cybersecurity system, pointing to the US, Russia and Israel as outstanding examples of such powers. Sharing Minh’s view, Vice Chair of VNISA and Deputy Chair of Bkav, Ngo Tuan Anh, said Vietnam boasts a highly qualified IT (information technology) … [Read more...] about Vietnam’s path to becoming a cybersecurity powerhouse
☀️ Morning digest on May 16
Hanoi (VNA) - The following is a list of selected news summaries over the weekend by Vietnam News Agency. Vietnamese Prime Minister Pham Minh Chinh attends the summit. (Photo: VNA) - Vietnamese Prime Minister Pham Minh Chinh attended ASEAN – US Special Summit on May 13 (US time), during which he said said he hopes major powers, who are all partners to the Association of Southeast Asian Nations (ASEAN), to work towards stable relations and responsible, healthy competition, for the sake of regional and global peace and security. Read full story PM Pham Minh Chinh (front, third from right) and other officials at the opening ceremony of the FPT Software office in New York on May 15 (Photo: VNA) - The Prime Minister Pham Minh Chinh attended the opening ceremony of an office of FPT Software, a subsidiary of the FPT Group, in New York city on May 15, as part of his working visit to the US and the UN. This is FPT Software’s second office in New York, 10th in the US, and 58th … [Read more...] about ☀️ Morning digest on May 16
Techcombank on track for a seat among the top ASEAN banks
Techcombank is on track to be among the top ASEAN banks Techcombank’s rise within the Vietnamese banking industry was highlighted last year when it became the first non-state-owned bank to join Vietnam’s billion-dollar profit club. “Even in the very tough environment we are seeing, our employees have maintained a high quality and reliable service for our customers and this is helping us to deliver stellar performance year after year,” said Jens Lottner, CEO of Techcombank. Last year, the bank continued to reduce costs while focusing on building deposits in its current accounts and savings accounts (CASA), which Lottner described as a “stable and cheap” source of funding. Techcombank’s CASA ratio, which reflects the percentage of the bank’s total deposits that are CASA, jumped from 46.1 per cent in 2020 to 50.5 per cent last year, well on its way to the bank’s target of 55 per cent by 2025. Techcombank’s net interest margin, a measure of the difference between the interest … [Read more...] about Techcombank on track for a seat among the top ASEAN banks