FPT Software Ho Chi Minh Co., Ltd. (FSOFT HCM) stands as one of Vietnam’s leading technology enterprises, operating under the umbrella of FPT Software Company Limited, one of the nation’s largest ICT conglomerates. Established on March 29, 2010, and strategically headquartered in the High-Tech Park in Thu Duc City, Ho Chi Minh City, the company has evolved over more than 15 years into a powerhouse of digital innovation, providing advanced software solutions, telecommunications services, and integrated system designs for clients both domestically and abroad.
The company’s performance in recent years reflects an impressive trajectory of growth, marked by robust expansion across assets, revenue, and profitability. In 2023, FPT Software Ho Chi Minh reported total assets reaching nearly USD 143 million, representing a staggering 50.69% increase from the previous year. Total sales climbed to over USD 189 million, growing by more than 15% year-over-year. Even more striking is the leap in owner’s equity, which rose from a modest USD 2.05 million in 2022 to nearly USD 32.87 million in 2023—a 1500% surge. Profitability also remained strong, with after-tax profit reaching USD 44.28 million in 2023, maintaining double-digit growth despite the broader global tech industry experiencing volatility.
This performance is underpinned by FSOFT HCM’s strategic positioning in the software publishing industry, where it not only develops cutting-edge solutions but also provides integrated information systems and telecommunication services to a global clientele. Its scope of business extends to IT services, data processing, hosting, and a wide array of educational activities, from basic to university-level training. The company also engages in employment placement and human resource management services, positioning itself as a key enabler of Vietnam’s digital economy and tech workforce development.
FPT Software Ho Chi Minh is led by Deputy Chairman Mr. Do Van Khac and Director Ms. Tran Thi Kim Phuong, supported by Chief Accountant Ms. Nguyen Da Lan Huong. The management team oversees a workforce of approximately 7,000 employees—one of the largest tech staff bases in southern Vietnam—indicating not just the scale of operations but also the company’s role in regional employment and talent cultivation.
As a wholly owned subsidiary of FPT Software Company Limited, based in Hanoi, FSOFT HCM benefits from deep integration with Vietnam’s broader tech ecosystem. This parent-subsidiary relationship reinforces its financial foundation and enables it to invest in innovation, R&D, and digital transformation solutions that meet global standards. The company also maintains a presence in Can Tho, further expanding its geographic coverage and operational outreach across the Mekong Delta.
In summary, FPT Software Ho Chi Minh Co., Ltd. is a stellar example of a Vietnamese tech enterprise that has not only kept pace with the rapidly evolving digital landscape but has thrived through strategic investment, strong leadership, and sustained growth. As the global demand for software solutions and digital services continues to accelerate, FSOFT HCM is well-positioned to serve as a critical driver of Vietnam’s digital transformation and an influential player in the broader Southeast Asian tech industry.
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19.01%
25.08%
5,652
0.1949%
Assets | 3.81% |
Owner’s Equity | 47.60% |
Working Capital | 47.22% |
Net Worth | -50.98% |
Sales | -44.91% |
Operating income | 75.82% |
EBIT | -14.95% |
Gross Profit Margin | 38.16% |
Debt to EBITDA | -67.58% |
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