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Update news FPT
It is still unclear how the state will sell its stakes in 10 major state-owned enterprises – whether one auction or in many sales campaigns.
Many ‘100 percent Vietnamese’ names have provided funds for startup projects since mid-2014. Vietnamese venture funds are now targeting retail and technology startups with investment deals worth $50,000-200,000.
The Government has asked the State Capital Investment Corporation to develop a roadmap to sell state capital worth around $3 billion in 10 large State-owned Enterprises. This is considered great news for investors, especially foreigners.
VietNamNet Bridge - Venture funds have been very active in ASEAN countries, but not in Vietnam, despite the need for capital from Vietnamese technology startups.
VietNamNet Bridge - Vietnamese telecommunications companies are finding it hard to tap into unexploited markets.
VietNamNet Bridge - Viettel and FPT both have had to spend big money in their outward investment projects. Meanwhile, the markets are risky with political uncertainties and stiff competition.
VietNamNet Bridge - Both software business and state agencies are facing difficulties in providing and receiving IT outsourcing services because of unclear regulations.
VietNamNet Bridge - Vietnam is a very promising market for game developers but Japanese games remain unpopular in Vietnam for a variety of reasons.
VietNamNet Bridge - Many information technology (IT) firms have decided to focus on developing software for mobile devices, because of its high profits. However, they cannot find enough workers.
Around 91 per cent of businesses in Viet Nam expect to virtualise at least 30 per cent of their IT infrastructure in the next two year, according to a survey conducted by VMware Inc .
VietNamNet Bridge – They are rich and have odd hobbies which easily differentiate them from each other and from ordinary folk.
Vietnamese software firms have signed many contracts worth millions of dollars with US partners.
FPT Information System Company (FPT IS) has secured a contract to develop an enterprise resource planning (ERP) system for United Paints Group (UPG) in Myanmar after one year of operation in that market.
Air ticket prices unchanged by fuel cost cuts; Vingroup starts work on hotel, office project; Long Thanh airport’s economic efficiency should be clarified; Christmas decorating services bloom in Vietnam; Banks vie over consumer loans towards year-end
Google offers guides for developers; Amigo Tech expands into IT; Acumatica plans VN expansion; Digiworld to be Ricoh distributor; Free Wi-Fi hotspots unsafe; FPT inks deal with Myanmar firm; Vietnamese firms attend Lao Techmart
Three Japanese enterprises jointly invested in the Sendo Joint Stock Company, a subsidiary of FPT Corporation, recently to get a 33 per cent stake in it.
VietNamNet Bridge – In order to be able to provide OTT (over the top) services in Vietnam, foreign firms have to fulfill “impossible missions”.
FPT revenue reaches $1.6b in first 10 months; Vietnam trade gap shrinks US$2 billion; Twelve e-commerce websites fined for violations; MPI wants higher public debt threshold; Tra fish exporters want ice-ratio rule delayed
Jan-Oct export-import tax collections up 14.4%; FPT IS wins US$1.4 million deal in Philippines; Garment sector seeks material suppliers from India; Vietnam economy enjoys steady growth in 2014; FDI firms encouraged to invest in agriculture
Fujitsu Limited and FPT Corporation on October 28 announced that they will cooperate to field trial Fujitsu's food and agricultural cloud service in Vietnam.