14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM

FPT Software to build $85 million hi-tech complex in central Vietnam

Phi Nhat

Feb 08, 2023 / 09:01 PM

The company aims to turn Binh Dinh Province into a leading AI center in the region.

FPT Software, a subsidiary of FPT Corporation - the largest information technology service company in Vietnam, plans to break ground on a hi-tech complex costing US$84.8 million in the Central Province of Binh Dinh in the third quarter of this year.

FPT Sofware will build a high-tech center complex in Quy Nhon City. Photos: FPT

The center will focus on research, production, and training technology experts.

FPT Corporation Chairman Truong Gia Binh hoped this 15-hectare complex would turn Binh Dinh into the region's leading artificial intelligence (AI) center, a scientific hub for testing the world's latest technologies.

He said it requires clear goals, thorough planning, and the best human resources to make the goal possible.

FPT Software is licensed for the high-tech complex.

In 2021, the technology company signed an agreement with Binh Dinh Province and McKinsey & Company Vietnam on building Binh Dinh into an economic hub of the Central Coast region and a leading AI center in the region in the province's planning for 2021-2030, with a vision to 2050.

Previously, FPT also signed an agreement with the world's leading AI research institute Mila to develop the world's leading AI Research Center in Binh Dinh's Quy Nhon based on Mila's consultation and extensive experience.

This FPT Artificial Intelligence Center has an area of about 94ha with a total investment of more than VND4.3 trillion ($179 million).

Make in Vietnam drives ICT firms into international markets

02 Feb, 11:37

Global expansion has become a trend in domestic ICT enterprises in recent years.

Vietnam to tax crypto asset transfers at 0.1%

This approach mirrors the current tax calculation applied to securities transactions.

05 Feb, 04:53 PM

Hanoi craft exhibition showcases Tet goods as shopping demand rises

Featuring 100 booths, the exhibition brings together artisans and businesses from Hanoi and neighboring provinces, presenting handicrafts, gifts, decorations and specialty foods, while promoting craft villages and stimulating consumption ahead of the 2026 New Year.

05 Feb, 01:14 PM

Vietnam establishes support body for International Financial Center Council

Beyond internal coordination, the support body undertakes international cooperation, information and communication activities.

05 Feb, 01:04 PM

Hanoi draws US$102 million in foreign direct investment during January

Strong investor activity continued in the capital at the start of the year, as a mix of new projects, capital adjustments and share acquisitions helped reinforce Hanoi’s role in sustaining Vietnam’s positive foreign investment trend.

04 Feb, 10:22 PM

Vietnam pushes rural e-commerce expansion to narrow digital divide nationwide

As Vietnam’s e-commerce market accelerates, attention is shifting toward how national policies and platform-led initiatives can help smaller localities overcome structural barriers, bringing digital trade opportunities to mountainous, border and rural communities.

04 Feb, 09:22 PM