According to FPT’s report, new revenue from foreign IT services has increased by 14% year-on-year, reaching 29.4 trillion VND in the first 9 months of 2025. The number of high-value contracts also rose, with an 18% increase for contracts worth between 500,000 and 1 million USD and a 90% increase for contracts over 10 million USD. FPT anticipates that Japan will be a key market in 2026. In the EU, revenue also grew by 30%, particularly in France, Germany, and the UK. However, in the US, contract negotiations are still fragmented. FPT has observed rising interest in AI initiatives. Although revenue in the telecommunications sector is expected to grow by 10% in 2026, the education sector may see only stable growth. Net profit after tax is projected to increase by 15% in 2026 due to significant recovery in foreign IT services.
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