BUSINESS PERFORMANCE
General infrastructure deployment contractor for personal income tax management system (PIT2)
FPT IS won the VND260 billion bidding package to build and implement technical infrastructure including hardware (Unix server, storage, network and security systems), software and system management services for the PIT management system for the General Department of Taxation (GDT). The application will support 7000 users in the management of 15 million taxpayers, and be deployed at 800 locations for 700 tax departments in 63 cities and provinces across the country. This is the biggest centralized system in the Vietnamese Government and, when it is completely launched, it will also be the biggest SAP-based tax management system in the world. FPT IS gained the all-in implementation of the EPC (engineering, procurement and construction) contract for the whole GDT PIT management system, which proves that FPT IS can develop a large world-class IT system that will contribute significantly to the country's development.
FPT-CA leads digital signature market
After more than a year providing digital signature services, FPT IS has taken on nearly 50,000 clients and earned the leading position in this market in Vietnam. Although it was granted its license after four other digital signature providers, FPT-CA quickly dominated the market, affirming the company's capability and reputation gained over 15 years of experience developing IT applications in Vietnam, as well as the advantages of its FPT-CA services.
Record consultancy project to create Government email system
The VND6.6 billion contract (excluding VAT) for consulting on building an email system for the Vietnamese Government based on the Public Private Partnership (PPP) model is FPT IS's biggest consulting contract so far. The Ministry of Information and Communications (MIC) is the project's main investor and FPT IS is the general contractor with KPMG as a subcontractor. According to the contract, FPT IS will conduct personnel training and hand over technology to the MIC. This contract indicates the credibility, competence and experience of FPT IS in deploying high-tech projects and confirms the soundness of FPT IS's direction and strategy for promoting its consultancy services.
Implementing ERP systems for Vietnam's leading retailers
FPT IS continued to lead the Vietnamese ERP market in 2011, despite the difficult economic year, confirming that customizing ERP systems for specific industries is an appropriate strategy for the company. 2011 witnessed FPT IS deploying ERP applications for many of the top retailers in Vietnam including Big C, the Trung Nguyen Group, and the Tran Anh Company. These are important projects and their success will bring FPT IS many opportunities in the retail sector and promote many more large-scale ERP projects for other industries in Vietnam.
Licensed to provide electronic tax declaration services
On November 24, 2011, the General Department of Taxation granted FPT IS licence No. 09/GCN-TCT to provide electronic tax declaration services (T-VAN), making FPT IS the sixth provider of this service in the Vietnamese market. The FPT IS T-VAN service website can be viewed at http://www.taxexpress.vn.
FPT IS promotes cloud computing research
With their capability to consult on and implement both public and private cloud computing services, the FPT Corporation and FPT IS affirmed their pioneering roles in researching cloud computing applications in Vietnam. The presence of FPT IS at many cloud computing conferences has helped familiarize Vietnamese administrators with the concept of cloud computing.
FPT IS solutions put to work for socio-economic activities
With its commitment to bringing real value to society through IT applications, FPT IS products and solutions have been used for:
- Driving license management software to create a database for managing, training, testing issuing and producing driving licenses and controlling their use nationwide, which has contributed to modernizing the management of the transport sector.
- The FPT ATM Guard alarm system, an FPT product designed specifically to detect the opening of ATM machines not following regular procedures or the intentional destruction or welding of ATM machines, in addition to strong vibrations, movement, etc.
- FPT IS software that successfully supported the national elections in Ho Chi Minh City, confirming the company's leading position in Government software applications.
GLOBALIZATION
FPT IS's Globalization revenue grew more than 80%, affirming its capability in international projects.
In 2011, FPT IS signed and implemented a number of major globalization projects including:
- The US$1.73 million project with Hitachi in which FPT IS will develop the large Japanese company's human resource management system.
- The US$4.3 million project to convert the core banking system for the Laos Viet Bank, including software and system integration. The project began in September 2011 and is scheduled to be completed in June 2012.
- The US$1 million project to deploy core telecommunications software for Telecom Cambodia within eight months.
ORGANIZATION
FPT IS Representative offices in Singapore and Cambodia upgraded to companies
In August 2011, FPT IS upgraded two of its representative offices in Singapore and Cambodia to companies. The establishment of FPT IS Singapore and FPT IS Cambodia demonstrates the company's determination to bring its software and services to the world., This is the second wave of exports in FPT's globalization strategy after outsourcing.
FPT IS Joint Stock company converted to a Limited Company
FPT Information System Joint Stock Company was converted to a one-member limited company on September 9, 2011. This transition is part of the FPT Corporation's One FPT strategy focusing primarily on investment in information technology to promote FPT's breakthrough growth in the future.
