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Vietnam IT giant FPT Corp will spend $200 million building an AI Factory that incorporates technology from U.S. chipmaker Nvidia. The factory, which will serve as a sovereign cloud, will not produce hardware but instead will focus on AI research and…
Hoang Nam Tien, chairman of FPT Telecom for the last three years, has been named vice chairman of FPT University. He will not join the board of directors of FPT Telecom Joint Stock Company (FPT Telecom) for the 2023-28 term. After becoming chairman in March…
The Ho Chi Minh Stock Exchange will continue to use the trading system developed by FPT while waiting for a replacement from South Korea, Ministry of Finance and bourse officials said. The system developed by FPT Information System, a subsidiary of the tech…
Vietnamese tech giant FPT and Singaporean ride-hailing firm Grab will work together on smart city solutions, AI and smart payments. The two companies signed a strategic partnership agreement to this effect Friday. Specifically, they will cooperate on piloting…
FPT Digital Retail is set to launch an IPO on the Ho Chi Minh City Stock Exchange on Friday week. Details of the IPO pricing have not been disclosed, but the retail arm of Vietnam’s largest IT company plans to use the proceeds over the next three years to…
Microsoft and FPT last week signed an Enterprise Agreement focusing on digital transformations and cloud deployments. The agreement tightens the long-term strategic partnership that has been in place for almost 20 years between the two leading IT…
One of Vietnam’s largest private tech firms, FPT Corporation is planning to sell a large stake in its retail and distribution units, providing an opportunity for regional players to buy into the fast-growing Vietnamese market. Funds from the sale will be used…
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