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VietNamNews

FPT Software opens new centre in Cebu

Update: June, 06/2015 - 10:15
FPT Software established a new development centre in Cebu, the Philippines, to enhance its presence in Asia. — Photo nld

HA NOI (VNS) — FPT Software established a new development centre in Cebu, the Philippines, to enhance its presence in Asia.

The new centre, which was opened late last month, will help fulfil the company's global strategy and continuous growth by achieving large IT resources of 30,000 employees by 2020.

FPT Software in the Philippines plans to add 150 software engineers to the company's resource pool by the end of this year. This number will increase 10-fold by 2020, equivalent to about 1,500 employees.

Apart from the Philippines, FPT Software is also introducing a new development centre in Myanmar, which is expected to open in June 2015. These new grounds are expected to serve as the ‘backyard' of Viet Nam that will help FPT Software meet the growing global demand for software more efficiently.

"FPT Software is aiming to rake in US$1 billion in revenue and 30,000 employees by 2020," said FPT Software CEO Nguyen Thanh Lam.

In 2014, the company received VND2.9 trillion ($135 million) in revenue, an increase of 35 per cent compared with the 2013 earning. In the past four months, it continued to achieve significant growth in revenue, reaching nearly $50 million, up 52 per cent year-on-year. — VNS


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