FPT 2020​

PAVING THE DX WAY,
FORGING THE NEW NORMAL

Board’s messages

Mr. Truong Gia Binh

Chairman

“In 2020, FPT has made every effort to turn THREATS into OPPORTUNITIES and been able to uphold our position as the most valuable technology brand in Vietnam. By continuing taking on the strategy of “customer focus at heart” and having the trait of “Think different – Do different”, FPT indeed has what it takes to accomplish all targets set for 2021.”

Mr. Nguyen Van Khoa

CEO

“FPT has productively achieved the goals in 2020, thanks to our quick adaptability in facing challenges, identifying the right opportunities and putting them into results.”

Key indicators

Revenue

0

Billion VND

↑7.6%

PBT

0

Billion VND

↑12.8%

EPS

0

VND

↑12.4%

5% 56% 39%
29,830

Revenue by sectors

(Unit: billion VND)

Technology
Telecommunications
Education, Investment and others
12,000 17,830 40% 60%
29,830

Revenue by markets

(Unit: billion VND)

Overseas markets
Domestic market

Revenue from DX

0

Billion VND

↑31%

Revenue from
Made-by-FPT products

0

Billion VND

↑51%

Revenue from the newly-signed contracts of the Technology sector

0

Billion VND

↑23%

0

Internal DX projects, saving nearly VND170 billion (USD7 million)

0

Online business meetings

0

Offices and branches in 26 countries

59/63

Cities and provinces covered by FPT internet infrastructure

0

Experienced and highly-specialized employees

0

Tech experts, accounting for 61.1% of the workforce

Business performance

FPT has effectively gone through the Covid-19 storm, thanks to every effort we have made during the hard year of 2020. Our proactivity and flexibility in adapting to the new norms and uncertainties have helped us maintain all growth targets set for the year, compared to the same period last year.

In 2021 and the subsequent years, to ensure long-term steady growth, FPT will continue focusing on our DX orientation while investing lavishly in the development of new technologies such as AI, Big Data and Cloud…. In addition, we will keep on amplifying our Made-by-FPT ecosystem of products, services, solutions and platforms. At the same time, we will be paying attention on the expansion of our client network and investment in human resources.

2020 2021
Revenue 16.4%

29,830

34,720

PBT 18.0%

5,263

6,210

2021’s business targets

(Unit: billion VND)

IT industry reports

The Covid-19 outbreak has been taking its toll on the growth and sales of the global IT sector. The total spending on IT worldwide in 2020 was estimated at USD3.7 trillion. In 2021, IDC projects that the total revenue of the sector could reach some USD5 trillion, an up of 4.2%, and secure a compound annual growth rate (CAGR) of 5% for the 2021-2024 period. By 2022, 65% of the global GDP is expected to be digitized.

Development strategy

FPT looks set to become a first-rate provider of DX solutions and services in the world, with the focus on profitability, productivity and innovation. The Corporation has set a clear target of becoming one of the Top 50 global comprehensive DX service providers by 2030.

Business sectors

Technology sector

Revenue

0 billion VND
16,805 billion VND

↑6.5%

PBT

0 billion VND
2,238 billion VND

↑13.4%

Mr. Pham Minh Tuan

CEO of FPT Software Company Limited

“Making strategic moves in new technology investment, service providing model, labour productivity and business opportunities utilisation from large-scale customers, the Corporation has witnessed constant expansion in the Technology sector.”

Mr. Nguyen Hoang Minh

CEO of FPT Information System Company Limited

“Thanks to the creative development of products and solutions for corporate customers, FPT has improved profit margins for the Technology sector and thereby laid a foundation for future growth.”

Telecommunications sector

Revenue

0 billion VND
11,466 billion VND

↑10.3%

PBT

0 billion VND
2,074 billion VND

↑14.7%

Mr. Hoang Viet Anh

CEO of FPT Telecom Joint Stock Company

“The promotion of traditional cultural assets and technological powers has helped the Corporation stimulate its internal strengths and beliefs in order to deploy the “Providing great customer experiences” strategy. At the end of the day, we are pioneering to become a digital service provider with the best client satisfaction in Vietnam.”

Mr. Ngo Manh Cuong

CEO of FPT Online Joint Stock Company

“Given the spirit for relentless innovation and creativity, the application of latest technologies and the continuous improvement in service quality, we have striven to bring about a full suite of digital content services based on customers’ needs, an effective online advertising platform, as well as an attractive digital ecosystem for internet users. We are looking forward to becoming a leading digital communications company in Vietnam.”

Education sector

Full time equivalent students

0 students
52,005 students

↑30.4%

Mr. Le Truong Tung

CEO of FPT Education Company Limited

“FPT Education has grown in size (expanding nationwide) and in depth (all levels of education), and is on our way to become a high-quality three-dimensional academic space with growth to double in size in every two years.”

Corporate governance

FPT has made great efforts to improve the quality of corporate governance in accordance with international standards, with reference to the OECD Principles of Corporate Governance, ASEAN Corporate Governance Scorecard and Vietnam Corporate Governance Code of Best Practices.

In 2020, FPT was honoured in Top 3 Vietnamese Publicly Listed Companies that recognized good governance in line with the ASEAN Corporate Governance Initiative, under the ASEAN Capital Markets Forum.

Sustainable development

Based on our business strategy, FPT has developed a sustainable development strategy that ensures the harmonization of three factors, including Economic development, Community support and Environmental protection, with human to be in focus of such plan.

The Corporation has also referred to the UN’s Sustainable Development Goals and the GRI Standards, in a bid to adapt to the new normal and ensure sustainable development in the future.

30,651

Jobs maintained

181

Billion VND spent on community and social activities

135,849

Sets/pieces of medical equipment, protective clothing and masks donated to the fight against the outbreak

2,000

Beds for isolation purpose

34,523

Scholarships for unprivileged students

600,000

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