Home MMBIZ News FPT Exceeds Myanmar Target

FPT Exceeds Myanmar Target

Vietnamese information and technology company FPT Trading exceeded its revenue target by earning $5.6 million in Myanmar, 123 percent of the target, the company said.

FPT Trading also exceeded its registered revenue target in the Myanmar market which was set at 5 percent, FPT said in a statement.

Among its subsidiary, FPT Software was the only member company to complete four registered business achievements as it gained $100 million in revenue.

Founded in 1988, FPT is a leading ICT company in Vietnam with revenue of more than $1.2 billion in 2012. The company’s market capitalisation reached about $480 million last year, making it one of the largest private enterprises in Vietnam.

FPT has representative offices and companies in 14 countries including Japan, the US, the UK, France, Germany, Singapore, Australia, Thailand, the Philippines, Malaysia, Myanmar, Laos, Cambodia and Vietnam.

FPT specialises in software development, system integration, IT services, distribution and manufacturing IT products and retails. In telecommunications, FPT is one of three biggest internet service providers in Vietnam, also the No.1 online advertising company in Vietnam, accounting for over 50 percent of market share.

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