FPT secures 100 million USD contract with US partner to speed up digital transformation
Under the agreement, FPT will deliver comprehensive digital transformation solutions for key sectors such as banking, finance, insurance, and retail, with plans to expand into manufacturing, healthcare, logistics, and energy. Its services will range from IT consulting and cloud migration to infrastructure and application operations – all powered by artificial intelligence (AI) and data analytics to maximise performance, cost efficiency, and scalability.
With its “AI-First” strategy, FPT is intensifying investment in AI research and development, leveraging its pool of global experts and partnerships with leading firms such as Microsoft and NVIDIA to create breakthrough digital solutions (Photo: FPT)
Hanoi (VNA)൩ – The Vietnamese tech giant FPT Corporation has signed a three-year contract worth 100 million USD with a US partner to accelerate digital transformation for clients in North America, Europe, and Japan.
The deal marks an important milestone in FPT’s global strategy, reaffirming its capabilities and long-term commitment to providing flexible, efficient, and sustainable IT services for international customers.
Under the agreement, FPT will deliver comprehensive digital transformation solutions for key sectors such as banking, finance, insurance, and retail, with plans to expand into manufacturing, healthcare, logistics, and energy. Its services will range from IT consulting and cloud migration to infrastructure and application operations – all powered by artificial intelligence (AI) and data analytics to maximise performance, cost efficiency, and scalability.
With its “AI-First” strategy, FPT is intensifying investment in AI research and development, leveraging its pool of global experts and partnerships with leading firms such as Microsoft and NVIDIA to create breakthrough digital solutions.
Dang Tran Phuong, FPT Software's Senior Executive Vice President and CEO of FPT Software Americas, said AI is at the core of FPT’s strategy, adding that they integrate AI into every solution to deliver smarter outcomes and help clients effectively implement large-scale digital transformation projects.
In recent years, FPT has secured a series of major contracts valued at over 100 million USD across strategic markets, including the US, Singapore, and Germany. Notably, in 2024, the group signed a 225 million USD deal with a leading US technology corporation.
A strong focus on talent development also underpins FPT’s growth. The group has consistently invested in building a high-quality workforce to meet the increasingly diverse needs of global customers. Its AI factories in Vietnam and Japan – ranked among the world’s fastest supercomputing systems – serve as key hubs for accelerating the development and deployment of large-scale AI solutions.
Most recently, FPT officially launched FleziPT, its proprietary AI platform, designed to provide businesses with flexible, scalable, and comprehensive digital transformation tools. These initiatives highlight FPT’s long-term vision: harmonising advanced technology, artificial intelligence, and human expertise to accompany customers on their digital journey, delivering superior speed, accuracy, and sustainable value./.
This landmark agreement elevates the long-standing collaboration between FPT and Airbus to a new high, positioning the Vietnamese technology conglomerate among Airbus's leading global technology partners.
FPT Corporation (FPT) recently joined the inaugural Vietnam-France Leaders Forum, marking a key milestone in the strengthening of economic and strategic cooperation between the two countries.
FPT Retail will cooperate with V-Green - a developer of global electric vehicle charging network, to install VinFast electric car chargers and electric motorbike battery swap stations across FPT Shop outlets across the country, collaborating through franchise or leased space arrangements.
Through this partnership, VinFast Philippines, a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, will leverage on BDO's comprehensive suite of financial solutions including cash management, consumer banking, leasing, and insurance services and create tailored financing programmes for both retail and corporate customers.
Under the new system, passengers without checked luggage simply check in via VNeID or a kiosk, undergo facial recognition at security, and board by scanning their face. Those with baggage drop it at a counter before entering the same automated flow.
Vietnam values its international partnerships, including with the UK, Finance Minister Nguyen Van Thang noted, urging UK companies, funds and financial institutions, and those from Europe and worldwide, to continue expanding investment, transferring know-how, sharing management experience and advancing green finance and technology to realise Vietnam’s sustainable development vision.
Vietnamese Minister of Finance Nguyen Van Thang expressed gratitude for the UK’s active role in supporting Vietnam’s efforts to draft a National Assembly resolution on creating an international financial centre. The City of London, he noted, provided pivotal insights and recommendations to shape the groundwork and development roadmap for this hub.
Vietnam is ready to deepen economic cooperation with the Association of Southeast Asian Nations (ASEAN), China and other partners, embracing a strategy of “harmonised interests and shared risks” as it leverages its fast-growing economy and market of over 100 million people.
Tay Ninh, Nghe An and Quang Tri provinces have strategic locations and significant cooperation potential, said Nguyen Thi Thai Binh, Minister-Counsellor at the Vietnamese Embassy, expressing confidence that with creativity and determination, these provinces and their Korean partners will find ample opportunities for productive collaboration.
Jointly organised by the Vinexad National Trade Fair and Advertising JSC and Yorkers Exhibition Service Vietnam, the event features 1,200 booths of more than 650 exhibitors from 20 countries and territories, including Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Singapore, Switzerland, Thailand, and the US.
Public investment should serve as a key driver of growth, acting as seed capital to catalyse and mobilise all social resources, thereby fostering economic expansion, creating jobs and livelihoods, and improving the material and spiritual well-being of the people, PM Pham Minh Chinh stated.
An official of the Foreign Trade Agency laid stress on the foundational role of rules of origin in international trade, highlighting the importance of capacity building for enforcement officers in the context of deep international integration.
Against the backdrop of the growing comprehensive strategic partnership between Vietnam and Russia, the promotion and export of Vietnam’s agricultural products not only diversify supply sources for the Russian market but also help enhance the brand values and competitiveness of Vietnamese enterprises in the market that remains untapped.
International trade is no longer merely an exchange of goods but a strategic lever enabling Vietnamese enterprises to enhance capacity, secure partnerships, and expand globally.
In the first eight months of 2025, Vietnam’s total trade value reached nearly 600 billion USD, up 16.3% year on year. Of this, exports stood at 306 billion USD, a 14.8% increase, already surpassing the full-year target.
Vietnam aims to maintain macroeconomic stability, control inflation below the target, achieve growth of 8.3-8.5%, ensure major economic balances, surpass budget revenue estimates by 25%, and control public debt, government debt, foreign debt, and budget deficit.
Reaffirming Vietnam’s commitment to foreign investors, Finance Minister Nguyen Van Thang said government policies always aim to ensure transparency, fairness and a mutually beneficial environment that promotes innovation and safeguards investor rights, making Vietnam a sustainable and long-term investment destination.
The State Bank of Vietnam must launch an official gold price information portal, study the establishment of gold exchanges, and issue guiding documents to implement the Government’s decree on the management of gold trading activities.
According to the World Bank Group, Vietnam will need approximately 368 billion USD in investment for climate adaptation and carbon reduction projects by 2040. Yet, as of the end of 2024, green credit accounted for just 4.5% of the country’s total outstanding loans.
Amidst robust digital transformation across all sectors, the food processing industry has tapped such digital technologies as Internet of Things, AI, blockchain and Big Data to optimise production process, control supply chain, and meet consumers’ demands.
The French side pledged to share technical guidelines and safety standards, with the Institute for Radiological Protection and Nuclear Safety (IRSN) ready to provide training for Vietnamese specialists.
