FPT is the first partner in Vietnam of Yonyou – a 35-year-old technology company providing ERP enterprise management solutions. IDC recognizes Yonyou as the largest enterprise management software provider in China.
As per the agreement, Yonyou and FPT will jointly offer advanced enterprise management software solutions to businesses in Vietnam and Southeast Asia.
Notably, YonBIP, an enterprise management solution platform, is designed to support comprehensive digital transformation for businesses. Built on modern technologies such as cloud computing and artificial intelligence, YonBIP offers optimal management solutions for enterprises in manufacturing, supply chain, finance, and human resources. This platform helps enterprises optimize their operations, enhance security, and improve management efficiency.
FPT will distribute and implement Yonyou’s ERP solutions for medium and large enterprises operating in Southeast Asia. With its strong technology capabilities and understanding of business challenges, FPT will bring significant value to the customers of both companies.
Dr. Guo Baochun, Vice President and General Manager of International Business Unit (OBU), Yonyou Network Technology Co., Ltd., shared at the event
“Vietnam, in particular, and Southeast Asia, in general, are strategic markets in Yonyou’s global development plan,” said Dr. Guo Baochun, Vice President and General Manager of Yonyou’s International Business Unit. “We believe that this partnership will bring Yonyou’s most modern management solutions closer to enterprises, thereby promoting business efficiency and innovation.”
Mr. Chu Khánh Hòa, Director of Global FPT IS, FPT Corporation, spoke at the event
Representing FPT, Mr. Chu Khánh Hòa emphasized, “Yonyou’s solutions meet the needs of many FDI enterprises, and this will be an opportunity for us to affirm our position as a leading technology company in implementing enterprise management solutions, especially international technology solutions. Together, we will create sustainable values and accompany enterprises in their successful digital transformation.”
The cooperation agreement between FPT and Yonyou opens new opportunities for both parties to realize their goals of bringing enterprises in Vietnam, Southeast Asia, and globally into the era of intelligent management and sustainable development.
The enterprise management software market is projected to reach $117.09 billion by 2030, growing at a CAGR of 10.0% from 2021. This reflects the increasing demand for digitizing processes and optimizing business operations.
In Southeast Asia, over 60% of enterprises plan to invest in modern ERP solutions in the next three years (according to IDC), with a particular focus on cloud platforms to enhance flexibility and management efficiency. For enterprises in Vietnam, especially FDI companies, adopting advanced technologies is crucial not only for synchronizing global operations but also for sustaining competitiveness and growth.
FPT is a global information technology group with over 80,000 employees and a presence in 30 countries and territories. As a strategic partner of leading technology corporations such as Microsoft, SAP, Oracle, and AWS, FPT is among the top companies in software development, IT services export, and comprehensive digital transformation solutions.
“The Digital Transformation Dilemma: Why 80% of Businesses Fail to Get it Right”
Many manufacturing businesses still envisage digitization as a far-fetched story, believing it entails full automation of the factory, with minimal human presence. They imagine a handful of people sitting in front of computer screens, operating the entire factory, which is a rather fanciful notion.
Danang Offers Attractive Incentives for Talent in Microchips, Semiconductors, and AI
The Danang People’s Committee is refining regulations on recruitment criteria and standards, as well as supportive policies regarding income and accommodation allowances, for experts and scientists specializing in the fields of semiconductors and artificial intelligence within the city.
The Innovative Tech Initiative by NCB Wins at Data for Life 2024 Competition
On November 27, NCB Bank’s solution, “A Cloud-Based Machine Learning Deployment Platform,” emerged as the runner-up at the Data for Life 2024 competition. This achievement is a testament to the solution’s profound foundational strength and extensive applicability across diverse social spheres. Out of nearly 380 domestic and international teams, NCB Bank’s proposal stood out, showcasing the bank’s innovation and commitment to leveraging cutting-edge technology for societal impact.
“NCB Bank Wins Big at the Data for Life 2024 Competition with its Innovative Big Data and AI Solution”
On November 27, NCB Bank’s solution, “A Cloud-based Machine Learning Deployment Platform,” emerged as the runner-up at the Data for Life 2024 competition. This achievement was a testament to the solution’s profound foundational strength and extensive applicability across various societal sectors, outperforming nearly 380 domestic and international teams.
‘Leaping into a New Era’: Ho Chi Minh City Aims for a Per Capita Income of $13,000 per Year
To enter a new era, Ho Chi Minh City needs to quantify and select the most important indicators. In particular, the city must achieve an average income of approximately $13,000 per capita per year in the next five years to meet the standards of developed countries. This ambitious goal sets a challenging yet achievable target for Vietnam’s economic hub, reflecting a commitment to progress and a desire to elevate the city’s standing on a global scale.
