“FPT and VIMC Collaboration Elevates Financial Management in Vietnam’s Maritime Industry”

The Vietnam Maritime Corporation (VIMC) and FPT proudly announce the launch of their unified financial reporting solution, FPT CFS. This marks a significant step forward in VIMC's financial management digitization journey and brings us closer to realizing Resolution 57 on sustainable marine economic development, underscoring the importance of innovation and digital transformation.

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Digital Transformation is VIMC’s Growth Driver

With over 30 years of experience, VIMC is now the leading enterprise in Vietnam’s maritime industry, pioneering in international integration and providing global maritime and logistics services. In 2024, VIMC launched 10 new container routes, including a direct connection between Vietnam and Europe; the total cargo volume through the port system increased by 26% compared to the same period, higher than the national average. The enterprise also serves the top 10 global shipping lines, affirming its pivotal role in the port operation, maritime transport, and logistics sectors.

Given its growing scale and rapid growth rate, digital transformation is not only a trend for VIMC but also an important driver to enhance governance effectiveness, optimize operations, and develop value-added services. The positive business results over the past time have clearly demonstrated the effectiveness of innovation and digital transformation, while also providing a solid foundation for VIMC to continue to thrive in the next phase.

Building on these successes, VIMC continues to expand its investment in technology, bringing new solutions to core professional fields. With a vision for sustainable, modern, and integrated development, VIMC is accelerating the application of technology in enterprise governance, including the digitalization of financial and accounting practices.

Partnering with FPT, VIMC Digitally Transforms its Consolidated Financial Reporting System

VIMC’s financial management system is structured into 3 levels with nearly 80 sets of accounting books, including separate, parent company, and branch books. Given its growing scale and rapid development, VIMC aims to not only comply with Vietnamese accounting standards but also proactively enhance the modernization and digitalization of its financial and accounting practices.

In February 2025, VIMC and FPT commenced the implementation of the FPT Consolidated Financial Statement (FPT CFS) solution. FPT CFS helps standardize and automate the consolidation process and enhances financial management capabilities at the corporate level. The application of this solution has supported VIMC in improving business process efficiency, optimizing human resource effectiveness, and complying with accounting standards. The most important aspect for VIMC is not only to have financial reports that meet Vietnamese accounting standards but also to aim for international standards, enhance financial transparency, and lay a solid foundation for its growth and international integration strategies.

Within just 5 months of implementation, the professional teams from both sides completed the preparation, data standardization, and integration of data from multiple accounting software systems, and are ready for operation. This “lightning-fast” implementation speed is a result of the consensus from VIMC’s leadership and the professionalism and dedication of the accounting and finance teams from both organizations.

Speaking at the event, Mr. Pham Anh Tuan, Deputy General Director of VIMC, emphasized: “In our development strategy, VIMC identifies digital transformation as a crucial driver to enhance governance effectiveness, optimize operations, and strengthen competitiveness. The implementation of FPT CFS is a practical step in modernizing our financial management, helping us standardize consolidation processes, automate reporting, and meet international transparency standards.”

Mr. Pham Anh Tuan, Deputy General Director of VIMC, speaking at the Announcement Ceremony – Image: FPT Smart Cloud

With the FPT CFS solution, VIMC has successfully implemented a consolidated financial reporting system along with over 45 explanatory reports, including many specific reports to serve its unique management requirements. The system not only automates the consolidation process but also lays an important foundation for VIMC to apply technology in modern financial management, supporting its plans for expansion, M&A, and the transition to IFRS in the future.

Given the large volume of data and the multi-layered financial consolidation requirements, the FPT CFS project at VIMC is one of the most complex implementations we have undertaken. Today’s success stems from the combination of FPT’s technological capabilities and VIMC’s strong commitment to innovation, along with the close collaboration between the two teams. This partnership has helped the project overcome challenges and fully deploy features that allow flexible configuration to address real-world needs. This foundation will enable VIMC to continue expanding its digital transformation in financial management, said Mr. Hoang Huu Chien, Group CFO of FPT Corporation and FPT CFS Project Director.

Sharing his thoughts on the collaboration between the two organizations, Mr. Le Hong Viet, CEO of FPT Smart Cloud, FPT Corporation, stated: “The achievements that VIMC has attained in financial management today are also the successes of FPT CFS. Building on this foundation, FPT Smart Cloud is committed to continuing our partnership, bringing modern Cloud and AI solutions to support VIMC’s sustainable development, enhance its international competitiveness, and contribute further to the growth of Vietnam’s maritime economy.”

Mr. Le Hong Viet, CEO of FPT Smart Cloud, FPT Corporation, sharing his thoughts on the collaboration between the two organizations at the Announcement Ceremony. Image: FPT Smart Cloud

The partnership with FPT not only contributes to the realization of Resolution 57 in the comprehensive digital transformation strategy but also opens up a platform for the two sides to continue collaborating on other key digitalization projects. With its leading technology advantages and extensive experience in deploying solutions for large-scale corporations, FPT will remain a trusted partner to help VIMC accelerate the modernization of its financial management, foster innovation, and sustain international integration.

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