Friday, August 1, 2025

Top 5 This Week

Related Posts

Hoang Nam Tien, former Chairman of FPT Software and FPT Telecom, dies


Hoang Nam Tien, former Chairman of FPT Software, FPT Telecom, and the FPT Corporation, handed away on the afternoon of July 31, 2025. At the time of his loss of life, he served as Vice Chairman of the Board at FPT University, overseeing postgraduate schooling.

Early in his profession, Mr. Tien made a daring impression by brazenly difficult senior administration throughout a gathering, calling out what he noticed as flawed distribution methods. This audacity earned him the duty to steer FPT’s distribution division, the place he rapidly proved his level.

Under his management as CEO of FPT Distribution in 2008, the corporate generated $700 million in income—68% of your entire group’s income—serving to FPT surpass $1 billion in complete income for the primary time in its historical past.

In 2011, he was appointed Chairman of FPT Software and was seen because the front-runner for the group’s subsequent CEO. Under his tenure, FPT Software ambitiously aimed to realize $1 billion in abroad software program service income, a purpose many thought of unrealistic on the time. However, on December 22, 2023, FPT proudly introduced it had reached this milestone, changing into the primary Vietnamese expertise firm to hit $1 billion in software program export income. This achievement marked a significant milestone for Vietnam’s tech business on the worldwide stage and contributed considerably to the nationwide economic system.

After leaving FPT Software, Mr. Tien was elected Chairman of FPT Telecom in March 2020. During his management, the corporate navigated the challenges of the COVID-19 pandemic, rising income from 11.466 trillion VND to over 14.7 trillion VND between 2020 and 2022. Net revenue after tax additionally rose from 1.6 trillion VND to greater than 2.25 trillion VND.

Beyond its core telecom providers, FPT Telecom beneath his steerage launched new choices together with FPT Camera and the Foxpay e-wallet. The firm additionally expanded its OTT platform, FPT Play, securing unique broadcasting rights to main leisure content material and sports activities tournaments such because the UEFA Champions League and Vietnam’s V.League for 5 consecutive seasons.

In 2023, Mr. Tien took on a brand new position as Vice Chairman of the Board at FPT University, the place he was anticipated to drive innovation and assist profession steerage efforts to empower the subsequent technology. He additionally grew to become a sought-after speaker at conferences and occasions, inspiring younger entrepreneurs and contributing to Vietnam’s startup ecosystem.

The FPT Group and broader tech group mourn the lack of a visionary chief whose contributions will proceed to resonate for years to come back.

 

Popular Articles