With a brand value nearing US$1 billion, FPT has secured its place among Vietnam’s top five strongest brands, the top ten fastest-growing brands in terms of value, and the top twelve most valuable brands for 2024. These accolades were revealed at the “2024 Vietnam Most Valuable Brands Awards Ceremony,” organized by Brand Finance. Additionally, FPT earned high marks in the categories of “Brand Respect” and “Growth.”
Commenting on FPT’s brand evaluation, Alex Haigh, CEO of Brand Finance Asia Pacific, stated, “This year, FPT’s brand value has seen remarkable growth of 67%. Its Brand Strength Index (BSI) score is 86.9 points, placing it among the top five strongest brands in Vietnam. Brand Finance’s research highlights FPT’s exceptional reputation and market recognition, reflecting its strong brand influence. The adoption of advanced technology and a robust global presence are vital factors supporting FPT’s international leadership.”
The Brand Strength Index (BSI) is a comprehensive metric that assesses brand performance based on various criteria, including brand awareness, customer loyalty, and market share.
Brand Finance’s evaluations are informed by insights from over 100,000 individuals globally, with more than 25,000 participants from the Asia-Pacific region. The assessment of brand value incorporates detailed analysis of brand perception alongside a thorough review of the company’s short-term financial data and long-term growth potential.
In the last three years, FPT’s return on equity (ROE) has consistently exceeded 25%. As of October 10, 2024, the Group’s market capitalization stood at US$8.4 billion. For 2024, FPT aims to achieve operating revenue of 61.85 billion yuan and a pre-tax profit of 10.875 billion yuan, representing an approximately 18% year-on-year increase. In the first eight months of this year, FPT reported operating revenue of 39.664 billion yuan and pre-tax profit of 7.077 billion yuan, reflecting increases of 20.8% and 19.9% year-on-year, respectively. The company has successfully secured several large-scale projects globally, demonstrating the rising demand for technology investments and solidifying FPT’s market position and competitiveness.
Over its 36-year history, FPT has consistently led new technology trends and expanded its global footprint, significantly enhancing its market position and brand value while actively contributing to Vietnam’s economic and social development. Following 25 years of globalization, FPT achieved its first IT service revenue exceeding US$1 billion from overseas markets in 2023, joining the ranks of companies with global IT service revenues above US$1 billion, with approximately 50% of that revenue coming from digital transformation services. Recently, FPT has opened new offices in Germany, Sweden, Japan, India, South Korea, and other locations, broadening its reach to potential clients in high-growth sectors such as healthcare, automotive, manufacturing, energy, banking, finance, and green transformation.
As a leading global technology company, FPT remains committed to establishing Vietnam as a key destination for artificial intelligence and semiconductors. The company is currently focusing its resources on five primary areas: artificial intelligence (AI), semiconductor technology, automotive software, digital transformation, and green transformation.
FPT Group will continue its globalization efforts, with an ambitious goal of achieving US$5 billion in IT service revenue from international markets by 2030, further solidifying its position among the world’s billion-dollar IT companies.
