Annual Report 2022
Messages from Leadership
Mr. Truong Gia Binh
Chairman of FPT
Commemorating the proud milestone of its 35th anniversary, FPT Corporation targets to bring joy to people's lives with a 2023 - 2025 corporate strategy titled DC5 - 135.
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Mr. Truong Gia Binh
Chairman of FPT
Commemorating the proud milestone of its 35th anniversary, FPT Corporation targets to bring joy to people's lives with a 2023 - 2025 corporate strategy titled DC5 - 135.
Read more
Mr. Nguyen Van Khoa
CEO of FPT
Whilst tall challenges remain, there are very exciting opportunities for progress. In 2023, we have set a target of 18.8% revenue growth and 18.2% profit before tax growth.
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Whilst tall challenges remain, there are very exciting opportunities for progress. In 2023, we have set a target of 18.8% revenue growth and 18.2% profit before tax growth.
Read more
Conquer
global prestige
Highlights of 2022
Total revenue
44,010 billion VND
23.4 %
Profit before tax
7,662 billion VND
20.9%
Revenue from DX
7,349 billion VND
33.0%
Revenue from Made-by-FPT products
1,150 billion VND
54.3%
Contribution to the State budget
7,112 billion VND
23.5%
CSR Sponsorship
171 billion VND
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Exploit
Technological
Capability
Business strategy
In 2023 - the 35th year in the development pathway, the Corporation aims to build a happier future together through implementation of the DC5 - 135 Strategy.
The IT industry and its development potential
Global DX spending is forecast to reach 3.4 trillion USD in 2026 with a five-year compound annual growth rate (CAGR) of 16.3%, according to the IDC. Nearly 30% of worldwide DX spending will come from the Discrete and Process Manufacturing industries, where Robotic Manufacturing, Autonomic Operations, and Self-Healing Assets are among the leading use cases.
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Business development strategy for 2023 - 2025
By 2035, FPT expects to reach one million digital transformation workers participating in the development and operation of services, products and solutions in the Digital Union.
The Digital Union will be established to bring the best and most true-to-life experiences, products, and services to individuals, organizations, and companies.
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Action plans and orientations for 2023
The Corporation will invest heavily in developing new products, platforms, and solutions based on core technologies such as Cloud, AI, and Blockchain... and focus on expanding sales channels in various domains in Vietnam and abroad. In addition to this, digital technology will be utilized to enhance FPT Education's reputation, ensure the quality of training, and improve the learner's experience.
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Business performance analysis
Accompanying the country, FPT has actively and aggressively seized opportunities to consult, cooperate, develop, and provide new products, services, and solutions toward capacity building, promoting sustainable economic growth and digital transformation of countries and businesses, and contributing to the satisfaction of Vietnamese people.
Revenue by business sector
(Unit: billion VND)
Profit before tax by business sector
(Unit: billion VND)
Technology
Telecommunications
Education & Others
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Practice
Superior Governance
Corporate governance
According to the Sustainable Development Assessment conducted by HoSE in July 2022, FPT's corporate governance score was 76%, which was 8% greater than the average score of VN100 of 68%.
FPT
76 %
Industry's average
75 %
VN100's average
68 %
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ESG Report
ESG orientations and priorities are vital to FPT's development strategies, conveying its roles and responsibilities to key stakeholders.
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