Fpt econtract

This is the 3rd strategic technology center of NCS in Asia. FPT Software, a member company of FPT Group, and Singapore-based Singtel Group’s affiliate NCS signed a cooperation agreement on August 1 to develop a strategic technology center (SDC) in Vietnam. Overview of the signing ceremony. Photo: Khac Kien The agreement is aimed at meeting the strategic goal of expanding the development network and providing global technology services to both parties. The center is expected to hire more than 3,000 employees by 2025. This is also the 3rd strategic technology center of NCS in Asia. “Demand for digital transformation services continues to accelerate in this region. By enhancing our digital and workforce capabilities and forging strategic partnerships with recognized leaders like FPT Software, we aim to create a highly compelling end-to-end digital transformation value proposition for our clients,” said NCS CEO Ng Kuo Pin. NCS’ third delivery center in … [Read more...] about FPT Software and Singapore’s NCS jointly develope technology center

The deal signing ceremony on August 1 (Source: ictnews.vietnam.vn) Hanoi (VNA) – FPT Software and NCS of Singapore signed a cooperation deal for developing a strategic delivery centre in Vietnam on August 1. The partnership between FPT Software, a subsidiary of FPT Group , and NCS, a member of Singtel Group - a leading technology service supplier in the Asia-Pacific, aims to help the two sides expand their global delivery networks. This strategic delivery centre, the third of its kind of NCS in Asia, is expected to have a team of over 3,000 by 2025. It will offer bespoke infrastructure services such as secure operating environments, client customised training, as well as access to an expanded pool of high calibre tech talent managed via NCS proprietary and proven Integrated Delivery Methods. It will also focus on manpower development to enhance NCS’s capability to meet growing digital transformation demand in the region. Truong Gia Binh, Chairman of the FPT … [Read more...] about FPT Software, NCS partner to open strategic delivery centre in Vietnam

Businesses at the ceremony held in HCM City. — Photo courtesy of Vietnam Report Top public companies and those in the banking, insurance, and technology sectors in 2022 were announced by the Vietnam Report JSC and VietNamNet newspaper on Wednesday. The Viet Nam Top 50 Public Companies (VIX50) are led by Vinhomes JSC, Hoa Phat Group JSC, Masan Group JSC, Mobile World Investment Corp, Viet Nam International Commercial Joint Stock Bank (VIB), Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank), Duc Giang Chemicals Group JSC, Viet Nam Technological and Commercial Joint Stock Bank (Techcombank), Military Commercial Joint Stock Bank (MB), and Asia Commercial Joint Stock Bank (ACB). The rankings were compiled based on Vietnam Report’s independent research and assessment of public companies’ financial strength, media reputation, growth potential, sustainability, governance quality, and stature in their sectors. Meanwhile, the Top 10 Banking Reputation Awards were … [Read more...] about Businesses awarded for top reputations

The ceremony jointly held by the Vietnam Report JSC and the VietNamNet newspaper (Photo: https://diendandoanhnghiep.vn) Hanoi (VNA) – Winners of the Top 10 Banking Reputation Awards were honoured at a ceremony jointly held by the Vietnam Report JSC and the VietNamNet newspaper in Hanoi on August 3. The awards were presented to Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), Vietnam Technological and Commercial Joint Stock Bank (Techcombank), Vietnam Prosperity Joint Stock Commercial Bank (VPBank), and Military Commercial Joint Stock Bank (MB). On the list were also Asia Commercial Joint Stock Bank (ACB), Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), Tien Phong Commercial Joint Stock Bank (TPBank), Vietnam International Commercial Joint Stock Bank (VIB), and Vietnam Bank for Agriculture and Rural Development (Agribank). (Photo: … [Read more...] about Top 10 reputable banks of Vietnam honoured

The market fell on Thursday morning, weighed by risk-lowering sentiment. However losses were capped by gains of big stocks. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index dropped 1.21 points, or 0.1 per cent, to 1,248.55 points. It had rose for three consecutive sessions this the week. The market's breadth was negative, with more stocks declining, while liquidity remained low. The benchmark index's reversal was due to losses of some large-cap stocks, especially in the energy sector. But the VN30-Index, tracking the 30 biggest stocks on the HoSE, still ended the morning trade with an increase of 3.35 points, or 0.26 per cent, to 1,273.18 points. In the VN30 basket, 11 stocks jumped, while 17 slid and two stayed flat. The HNX-Index on the Ha Noi Stock Exchange (HNX) dropped 0.77 points, or 0.26 per cent, to 297.34 points. Leading the bearish trend was PV Gas (GAS), down 2.05 per cent. It was followed by BIDV (BID), Masan Group (MSN) and Sabeco (SAB), both down at … [Read more...] about Market reverses rally on losses of oil stocks

A customer at Vietcombank's transaction office in Hau Giang Province. The bank shares surged in the afternoon trade, lifting the market benchmark VN-Index. — VNA/VNS Photo Hong Thai Benchmark indices traded differently on Thursday, as selling pressure countered risky asset demand. The VN-Index on the Ho Chi Minh Stock Exchange (HoSE) picked up slightly 4.39 points, or 0.35 per cent, to 1,254.15 points. It fell in the morning trade due to rising sell-off force. The market’s breadth was positive, while liquidity was still low. Accordingly, investors poured over VND17 trillion (US$726.8 million) into the southern bourse, equivalent to a trading volume of nearly 724.75 million shares. The index escaped the downtrend thanks to the breakthrough of Vietcombank (VCB) and increases in some pillar stocks, and set a fourth straight daily gain. The VN30-Index, which tracks the 30 biggest stocks by market capitalisation on HoSE, rose 7.9 points, or 0.62 per cent, to 1,277.73 points. … [Read more...] about Market struggles due to mixed forces

FPT Shop outlet. (Photo: nss.vn) Hanoi (VNS/VNA) - After the results of the national high school graduation exam were released, retail stores recorded an increase in the purchasing power for laptops. Laptop retail chains all recorded a growth in purchasing power right after the exam ended on July 10. CellphoneS said that the demand for cheap laptops has increased by 16-18% compared to the previous month. A representative of this retail chain told the online news outlet Zing that laptop sales would rise from July. He added that this number was expected to increase in cities with a large number of universities from mid-August to the end of October. “This is reasonable with the trend of admission and shopping of Vietnamese students. Some will buy from their hometown, or will wait for admission at universities and then shop,” said a CellphoneS representative. The representative also said that the selected laptop models are still mainly office and gaming lines priced at … [Read more...] about Laptop market for students booming after high school graduation exam

In its financial report for the second quarter, Apple announced a record revenue of $83 billion, up 2% year-on-year, despite the volatile market situation. "We set June quarter records in the Americas, in Europe and in the rest of Asia Pacific region. We also saw June quarter revenue records in both developed and emerging markets with very strong double-digit growth in Brazil, Indonesia and Vietnam and a near doubling of revenue in India," Cook said during the company’s earnings call late July. He said the company continues to "execute across some significant geographies with low penetration of iPhones between Indonesia, Vietnam and India where we did quite well." The company's strategy is to use its smartphone model to expand its presence, with promotion of other products to follow. "iPhone tends to be the engine for those markets, particularly at the beginning of creating the market there for Apple products." Apple did not specify the growth rate for each region. However, … [Read more...] about Vietnam a market with highest potential: Apple CEO

A Long Chau drugstore. The pharmaceutical retail market was seeing the rapid expansion of modern drugstore chains. — Photo FPT Retail The winds of change are blowing through Viet Nam’s retail pharmaceutical industry, with giants wrapping up investments to establish modern retail chains in an anticipated fast-growing market, which mom-and-pop stores currently dominate. After Pharmacity, FPT’s Long Chau, and Mobile World Investment Corp’s An Khang pharmacy chains, Masan Group is supposedly gearing up preparations to enter the pharmaceutical retail market. According to the national portal about business registration, Winphar Trading Services Corporation was founded on March 31 with WinCommerce, holding a stake of 80 per cent, Do Thi Hoang Yen and Tran Phuong Bac, 10 per cent each. WinCommerce, a member of Masan Group, currently operates the most significant nationwide grocery modern trade retail platform Winmart and Winmart+ while Yen and Bac both held important positions at … [Read more...] about Giants reshape retail pharmaceutical market

Vietnam, together with Brazil, Indonesia and India that are emerging markets, have made practical contributions to Apple’s group’s outstanding performance in the second quarter of this year, said CEO Tim Cook. Apple CEO Tim Cook. (Photo credit Apple). In its financial report for the second quarter of 2022, Apple announced a record revenue of US$ 83 billion, up 2% over the same period last year, despite market fluctuations. Speaking to analysts after releasing the figure, Cook noted the quarter saw record revenue in developed and emerging markets "with double-digit growth in Brazil, Indonesia and Vietnam, and a new doubling of revenue in India." The CEO said that the company continues to execute across some significant geographies with "low penetration of iPhones between Indonesia, Vietnam and India where we did quite well". "iPhone tends to be the engine for those markets, particularly at the beginning of creating the market there for Apple products," he … [Read more...] about Apple CEO Tim Cook appreciates Vietnam market potential