HCMC – FPT Corporation (HOSE: FPT) has signed a US$67-million framework agreement with Indonesia’s KMP Aryadhana to develop technology solutions in ESG (environmental, social, and governance) and digital education.
The five-year deal, signed during Party General Secretary To Lam’s state visit to Indonesia, focuses on waste management, digital education, cooperative learning, and smart agriculture, FPT said.
The partnership includes plans to establish an artificial intelligence (AI) research lab and implement digital transformation initiatives in education and ESG projects. FPT will provide expertise in AI, blockchain, the Internet of Things (IoT), and cloud computing to support KMP Aryadhana’s innovation efforts in Yogyakarta Province.
FPT also entered a partnership agreement with Indonesia’s state-owned oil and natural gas corporation Pertamina to drive AI-powered innovation in the energy sector, focusing on enhancing asset reliability and improving workplace safety.
FPT aims to strengthen its position as a regional technology player in ASEAN, focusing on AI, cybersecurity, cloud computing, and big data.
The company reported a 19% year-on-year increase in revenue in 2024, at VND62.85 trillion. Pre-tax profit rose by 20% to VND11.07 trillion, driven by its international IT services business.
FPT looks to obtain US$5 billion in IT services revenue from overseas markets by 2030. It plans to gain VND75.4 trillion in revenue and VND13.4 trillion in pre-tax profit this year, up by 20% and 21% over the previous year, respectively.
The company will seek shareholder approval for its 2025 business plan at its annual general meeting slated for April 15 in Hanoi City.
Closing the trading session today, FPT extended its losing streak to the third straight session with a 1.29% decline to VND137,500 per share, with nearly 5.8 million shares traded.
The benchmark VN-Index edged up 2.26 points, or 0.17%, to close at 1,332.54 points, as late-session gains offset earlier losses. Trading volume and value fell from the previous session.
The Hochiminh Stock Exchange saw 231 advancers and 247 decliners. Total trading volume reached 933.3 million shares valued at VND21.4 trillion, down by 8% in volume and 6% in value over the session earlier. Block deals accounted for 85.8 million shares worth VND2.4 trillion.
The VN30-Index, which tracks the top 30 stocks by market capitalization, recovered in the afternoon. By mid-session, 26 stocks had declined, but only 10 ended lower. BVH fell by over 2% to VND54,900 per share while FPT lost 1.3%. Other stocks, including VRE, SAB, LPB, GAS, and VIB, incurred slight losses.
The rebound of several bluechips lifted the VN-Index. MBB, MWG, and VPB gained slightly over 1%. VPB led trading with 37.5 million shares changing hands. MBB, SSI, and HPG each recorded volumes of 26.5 million shares and closed higher.
Securities brokerage VIX remained highly traded, taking the lead by liquidity on the southern market with a volume of nearly 46 million shares.
With 66 winners and 95 losers, the HNX-Index gained 1.07 points, or 0.45%, to close at 240.58 points. The exchange recorded a trading volume of 55.4 million shares worth a total of VND1.09 trillion.
