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             Frequency: Fortnightly              Date: June 16th, 2008

 FPT CORNER

  FPT SOFTWARE EUROPE INAUGURATION

On 13th June 2008, FPT Software Europe Ltd. (FEU) held its opening ceremony in Paris with the participation of senior leaders from FPT and FPT Software and representatives from FPT Software’s customers. The event marks an important advance for FPT Software into the European market and reflects an important global trend as corporations seek out partners with both high technical capacity and also the ability to provide services to customers on site at a competitive price.

FPT Software Europe was established to seize business opportunities brought about by the growing waves of software outsourcing coming from Europe, the largest IT market in the world, and also to provide better services to FPT Software’s existing customers in the region.

This establishment of FPT Software Europe featured heavily in Vietnamese newspapers after the announcement was made in a press conference on 4th June 2008.

  FIS: STRONG INNOVATION  

From July 1st 2008, FPT Information Systems (FIS) is going to operate under a new general corporate structure with the establishment of seven new subsidiary companies. This innovation aims to make FIS even more flexible and reduce the workload of FIS’s senior leaders.

The seven newly and soon-to-be established companies are FPT ERP Services Limited Company (FPT-IS-ERP), FPT Information System Services Limited Company (FPT-IS-SRV), FPT Information Systems Telecom & Government Limited Company (FPT-IS-TEG), FPT Information Systems of Financing and Banking Services Company Limited (FPT-IS-Bank), FPT FSE Information Systems Company Limited (FPT IS FSE), FPT Public Finance Solutions Company Limited (FPT IS PFS) and FPT Software Development Company Limited (FPT IS Soft).

  FPT BECOMES YAHOO'S ADVERTISING AGENT

FPT Online Advertising Services Company (FPT Ads), a subsidiary of FPT Telecom, has officially become Yahoo’s advertising agent in Southeast Asia in May 2008. FPT Ads will supply all Yahoo’s advertising products on Yahoo’s global and Vietnam systems such as Yahoo main pages, Yahoo Messenger and Yahoo News Vietnam, Yahoo Music Vietnam, Yahoo question & answer, Yahoo Flickr, Yahoo Mail and Yahoo Finance.

According to research from Yahoo, Vietnam’s online advertising market has great potential because of its absolute advantage in creating an effective reaction between audiences and advertising templates and the boom of multimedia technology.

  ENGLISH CONTEST

Studying English is fun; this is evidenced by the English Contest which has just been organized by Operational Group 2 (G2).

G2 staff gathered in teams of five and participated in the Contest through two rounds. The first round comprised of four mini tests covering listening, grammar, idioms and vocabulary in a week. The six teams with the highest scores qualified for the final round which consisted of a series of interacting games. The juries for the final round were special guests from Tripwire – a traditional partner of G2.

English training has recently become one of G2’s priorities as this Business Unit is striving to expand its English speaking markets.

 VIETNAM CORNER

  VIETNAM: THE BEST DESTINATION FOR UK INVESTORS  

According to an article titled “Hanoi rocks” that appeared in Director Magazine earlier this month, Vietnam is bound to surpass China as the most attractive country in Asia for UK investors to set up business. “A vibrant economy,” “a highly educated labor pool,” “low operational costs” and “a booming retail sector” are prime factors that made Vietnam a better choice than China or India, reported Tina Nielson.

According to Mr. Paul Smith, CEO of Offshore Software Services of Harvey Nash "Vietnam is not just about cheap labor and footwear; it is a highly educated country, which is just galloping ahead".

The statement was evidenced with the case of Harvey Nash. First coming to Vietnam in 2006, Harvey Nash now employs about 2500 Vietnamese workers, running business process outsourcing services to both UK and US customers, an important partner of FPT Software.

(Source: http://www.director.co.uk/

MAGAZINE/2008/6%20June/vietnam_61_11.html)

  MICROSOFT'S FIRST INNOVATION CENTER OPENED IN VIETNAM

On May 30th, 2008 the Microsoft Innovation Center was established in Vietnam according to a contract signed by Mr. Christophe Desriac, General Managing Director of Microsoft in Vietnam, Laos and Cambodia, and Associate professor Dr. Vu Duc Thi, Director of the Information and Technology Institute.

The center is responsible for research and development of software solutions and solutions for E-Government. It will also create a platform for universities to share their experiences, bringing about many business opportunities for partners as well as professional opportunities for students, and simultaneously bringing many innovative solutions to both government and customers.

(Source: Hanoinet)

  HOA LAC HI-TECH TO BE EXPANDED 

Prime Minster Nguyen Tan Dung has given the OK to expand Hoa Lac Hi-tech Park, one of the largest industrial park projects in Vietnam. The extended areas include two more communes of Ha Tay Province and the total area will now be approx 1,568 ha.

The park has specific zones for sci-tech activities, residential areas, offices, entertainment and sports facilities, of which the hi-tech zone will take up the largest area in the park (35%).

In March 2006, FPT Corporation was assigned as the Development Company for the Hoa Lac Hi-Tech Park by the Government.

(Source: Vietnamnet Bridge)

 VIETNAM: UNIDEN'S LARGEST SITE FOR TELEPHONE PRODUCTION

Uniden, a global telephone producer has just kicked off the trial run of its wireless phone manufacturing factory in Vietnam. The factory has the capacity to produce 1 million phones per year and will require up to 7,000 workers. Half the products manufactured in Vietnam will be exported to North America where Uniden currently occupies 30% market share.

With total investment of US$45 million the Uniden factory was built in 2007 covering an area of 80,000 square meters. Vietnam has practically become the largest manufacturing country for Uniden.

(Source: Vietnam News Agency)

 
 
HIGHLIGHTED NUMBER

18.6

million is the total number of Internet users in Vietnam in late 2007, accounting for 22% of the country’s total population, giving Vietnam the 17th highest number of Internet users in the world, according to a survey by Asia Digital Marketing Yearbook.

SOCIAL CORNER
KEEPING FPT SOFTWARE STAFF SAFE ON THEIR SUMMER HOLIDAY 
As the company’s summer vacation is fast approaching, the Youth Union organized a Seminar on first aid and how to handle emergency cases on June 6th, 2008, in order to prepare for an exciting and safe holiday for FPT Software staff.

FPT Software staff are entitled to a 5-day summer holiday either in June or July provided they go with at least 4 other FPT Software staff. The Summer holiday is therefore a precious opportunity not only for FPT Software staff to network with each other but also to relax after a hard working time.

HUE IN THE FESTIVE SEASON
Starting from June 3rd and lasting for nine days, Hue Festival 2008 impressed both local and international guests with its authentic performances and showcased the beauty of Vietnamese, and in particular Hue, culture. This was billed as one of the year’s largest festivities in the country and the grandest of all since Hue started to host its biennial festivals in 2000.

This year, guests and visitors could also enjoy international shows performed by many renowned artists from various countries from Asia, Europe and America.

Hue Festival 2008 is not only a cultural event to revive the distinctive culture of Vietnam, but also an opportunity to give the world some insights into the beauty of our way of life.

(Source: Vietnam News Agency)

PHOTOS

(A special performance in  the opening ceremony of Festival Hue 2008)

To find out more about FPT Software, please visit our website http://www.fpt-soft.com/

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FPT Software - Newsletter 16th June, 2008

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FPT Software - Newsletter 3rd Jan, 2008

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FPT Software - Newsletter 15 Nov, 2007


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