FPT Software as the prime destination for IT business innovation

 

Why Vietnam

The Prime Destination For Business Innovations

“Vietnam holds the record for outperforming expectations on innovation relative to economic development for 12 consecutive years”

- 2022 

“The prospects for the economic growth for Vietnam appear bright, with the expansion at a rate of 7.2%.”

- 2023

"Ranked 6th in the 2021 Global Service Location Index – a measure of offshoring destinations’ attractiveness."

- 2021

“Vietnam’s digital economy hits $23B in 2022 and is on course for ~$50B by 2025 - the region’s fastest growing market."

- 2022

Highlights

High Skilled Workforce

High Skilled Workforce

• Young demographics with a median age of 32.5
• Among top nations with the most IT graduates – 57,000 annually
• 480,000+ total outsource software engineers & IT developers.
• Low turnover rate at 11.9% compared to India (20.3%) & China (18.8%)
• Ranked 7th in the English proficiency index out of 24 Asian countries

Booming Telecoms & IT Sectors

Booming Telecoms & IT Sectors

• Internet penetration: 86%
• #2 fastest growing digital economy worldwide (2022), expected to be #1 in 2024
• Software and IT service revenue hit US$9 billion annually
• Vietnam's ICT sector hit US$148 billion in 2022

Stable Politics & Economy

Stable Politics & Economy

• Total FDI inflow reached US$438.7 billion as of 2022 – among top 20 most FDI-attracting countries
• Vietnam’s GDP grew 8.02% in 2022 – fastest growth rate in 25 years
• Top 5 key investment destinations for European firms
• #44 in Global Peace Index in 2022. Well-known for its stable political landscape that is among the highest-ranked among SEA nations

Sustainability Commitment

Sustainability Commitment

• 55th in the SDG Index, higher than India (112th), China (63th), Indonesia (75th) & Philippines (98th)
• Targets to generate 10.5% of electricity from renewables in 2023, increasing to 30.9% by 2030, and 67.5% by 2050

Key Advantages

Speed

• Ability to quickly scale teams up/down in 2-4 weeks.
• Agile management, idea valiation, and Ready-made solutions/ digital frameworks to define digital initiatives quickly.

Scale

• Strong capability to scale up the projects per customers’ needs with 27,000+ software engineers, including the offshore team with professional 1,000+.
• Cost optimization by leveraging lower labor rates in offshore locations while maintaining local presence.

Global Presence

• Optimal mix of high quality near shore, offshore and onsite delivery models. This enables our partners to diversify their sourcing strategy to collaborate across time zones, enable continuous development cycles and improve their bottom line.

Quality

• Globally standardized Quality Management System builds trust among 1000+ customers, including 89 global disruptors and achieved an average Customer Satisfaction Score of 94.67/100.

Compliance

The certified Information Security Management System includes Policies, Procedures and Guidelines to ensure the security of data assets for FPT Software and our customers.

Areas of Expertise

Advanced Analysis

  • Activate dynamism with data fabric and transform into a data-driven organization with FPT Software

Hyper-automation

  • Leverage the power of hyperautomation with FPT Software’s advanced solutions which increase productivity, reduce processing time and optimize operating costs with 100% accuracy.

Managed Services

  • Minimize your IT management effort to maximize innovation and agility.

IoT

  • FPT Software combines technology expertise in Cloud, Data Analytics and hardware with in-depth industry knowledge to rapidly build a reliable and cost effective IoT solutions.

Cloud

  • Accelerate your cloud transformation journey and resolve critical challenges like legacy complexity, mitigation plan, data infrastructure, with the customer-centric attitude and value-led engagement. FPT Software empowers your business transformation with advanced analytics solutions, big data analytics infrastructure and resource utilization.

AI

  • We provide a suite of AI-powered tools that empowers organizations to scale new heights. These tools are designed to be cloud native, readily customizable, and easy to implement with proven ROI.

Low-code

  • Harness the power of low-code development to accelerate innovation, streamline processes, and unlock new possibilities for your business. Let FPT Software’s expert consultants guide you towards a future of agility, efficiency, and competitive advantage.

Unique Bestshore Model

United States/Canada

United States/Canada

  • Client Relationship Management: Main point of contact with customers to build and maintain strong relationships.
  • Consultation: Collaborate closely to gather project requirements and recommend solutions.
  • High-Touch Roles: Facilitate effective communication and address any immediate concerns or issues that arise.

Costa Rica / Mexico / Colombia

Costa Rica / Mexico / Colombia

  • Strategic Locations: Proximity enables real-time collaboration, reduced travel costs, and easier communication due to minimal time zone differences.
  • Cultural Affinity: Strong English skills and cultural alignment
  • Skilled Resources: Large talent pool specializing in application/software development, quality assurance, project management, and infrastructure support

Vietnam/ India/ Philipines

Vietnam/ India/ Philipines

  • Rapid Scaling: ability to ramp large teams in 2-4 weeks
  • Large Resource Pool: 20,000+ software engineers
  • Round-the-Cloud Development: leverages time zone differences to work on projects when onsite and nearshore teams are offline.
Success Stories
This website uses cookies to improve user experience. By using our website you consent to
all cookies in accordance with our Cookie Policy. Privacy Statement | Save Preferences
Functional
Always Active
Accept