FPT Software has established a new development centre in Cebu, the Philippines, to enhance its presence in Asia.
Thenew centre, which was opened in late May, will help fulfil thecompany's global strategy and continuous growth. It plans to add 150software engineers to the company's resource pool by the end of thisyear. This number will increase 10-fold by 2020, equivalent to about1,500 employees.
Apart from the Philippines, FPT Softwareis also introducing a new development centre in Myanmar, which isexpected to open in June. These new grounds are expected to serve as the‘backyard' of Vietnam that will help FPT Software meet the growingglobal demand for software more efficiently.
"FPT Softwareis aiming to rake in 1 billion USD in revenue and 30,000 employees by2020," said FPT Software CEO Nguyen Thanh Lam. In 2014, the companyreceived 2.9 trillion VND (135 million USD) in revenue, an increase of35 percent compared with the 2013 earning. In the past four months, itcontinued to achieve significant growth in revenue, reaching nearly 50million USD, up 52 percent year-on-year.-VNA
