FPT wins US$11.3m contract in Myanmar
Monday, February 27,2017AsemconnectVietnam - Vietnamese IT giant FPT Corporation has been selected by Myanmar to implement a US$11.3 million project that is part of a programme to modernise the nation’s public finance system.
The project is also the biggest World Bank funded IT project in the country, FPT officials said.
FPT’s success in a highly competitive market reflects the rising capabilities and recognition of Vietnamese IT companies. It opens the door for the company to future co-operation projects in public finance.
The project will be implemented by two FPT members, FPT Information System and FPT Myanmar.
The Vietnamese firm will be in charge of supply, installation and commissioning of pre-fabricated data center facilities in Nay Pyi Taw and Yangon for Myanmar’s Ministry of Planning and Finance.
FPT Myanmar chairman Duong Dung Trieu said: “FPT understands the importance of applying experiences gained from successful implementation in Vietnam to help customers in other developing countries address their similar problems. In fact, a number of million dollar projects in Bangladesh and Myanmar are being undertaken and successfully carried out by us.
“Winning this contract once again proves that FPT’s globalisation strategy for developing markets is on the right track. We are determined that all FPT members will have a presence in Myanmar by 2020 so that all made-by-FPT solutions can be used by our Myanmar customers.”
Earlier, FPT had implemented several of key projects in Myanmar, including the national financial switching system for Myanmar Payment Union, the National Portal, and the ERP system for United Paints Group, a leading paint manufacturer in the country.
FPT is also the first foreign firm licensed to operate in the Network Facilities Service segment in Myanmar. The latest contract firmly establishes FPT Myanmar as a leading IT enterprise in the country.
Myanmar, with a population of more than 54 million people, and a policy of pursuing robust economic integration, is ranked second in the top developing markets for FPT, next to Bangladesh.
N.Nga
Source: thoibao.today
Business activities of steel companies in March 2024
Hoa Phat (HPG) sets a target of VND10,000 billion profit in 2024, paying 10% dividend
PV GAS (GAS) sets a growth target in 2024
Business activities of banks in March 2024
PVOIL (OIL) determined to complete the 2024 management plan of Vietnam Oil and Gas Group
Hoa Phat (HPG) supplied 518,000 tons of steel to the market in February 2024
ACB aims to increase profits by 10% and pay dividends of 25% in stocks and cash
MB expects profit growth of 10% in 2024
GELEX (GEX) target VND1,921 billion profits in 2024
Banks aspire to join billion-dollar profit club
Moody's upgrades outlook for Techcombank
Nam Kim Steel (NKG) plans to hold the 2024 Annual General Meeting of Shareholders at the end of April 2024
Vietnamese, Dutch firms sign aquaculture cooperation deal
Hoang Anh Gia Lai (HAG) expects durian to help revenue increase dramatically in the last 2 quarters of 2024
Plan of Hai Duong province for a period of 2021 - 2030, ...
Organize space reasonably and harmoniously, focusing on connecting Hai Duong in common development space, actively contributing to the ...Plan of Hau Giang province in a period of 2021 - 2030, ...
Sustainable forestry development program in a period of ...
Students promote Vietnamese culture in Russia
The Vietnamese Students’ Association in the Peoples' Friendship University of Russia (RUDN) held an event called "Bamboo Legend” on ...Exhibition on General Vo Nguyen Giap opens in Nghe An
Da Lat festival: Classical music taken out of auditorium ...