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The opening of the HQ

Vietnamese group FTP opens regional HQ in Riyadh

RIYADH, November 1, 2024

Global tech corporation FPT has announced the opening of its regional headquarters in Riyadh, Saudi Arabia, as part of its global expansion strategy to meet the rising demand for digital services and solutions. 
 
This expansion marks FPT the first Vietnamese firm licensed for regional operations in Saudi Arabia, reaffirming its dedication to the Kingdom’s digital transformation and Vision 2030. 
 
The opening ceremony coincided with Vietnam Prime Minister Pham Minh Chinh’s official visit to the Kingdom of Saudi Arabia.
 
Located in the heart of the region’s largest economy, the Riyadh headquarters positions FPT closer to key clients and unlocks new business opportunities. 
 
By leveraging FPT's global network and extensive expertise in AI and semiconductors, along with deep insights in manufacturing, banking, government, transportation, and beyond, the regional headquarters strengthens the company’s ability to expand its regional presence and enhance service delivery throughout the Middle East.
 
Dang Tran Phuong, FPT Software’s Senior Executive Vice President said: "As we continue to expand our global presence and client base, the Middle East remains an important part of our strategy. Our strategic direction aligns closely with that of the region, particularly in AI."
 
"With our extensive experience in this market, we understand the unique aspects of the business culture in the Middle East and are dedicated to actively collaborating with local companies and enhancing local recruitment. This commitment enables us to provide the best services for our clients while consistently supporting them on their digital transformation journeys," stated Phuong
 
As the first Vietnam-based enterprise authorized for regional operations in Saudi Arabia, FPT is poised to meet the region’s growing demand for advanced technology, he noted. 
 
With a young, tech-savvy population across the Middle East driving digital adoption in various industries, FPT is well-positioned to seize new business opportunities, foster local employment, facilitate cultural exchange, and promote knowledge transfer, said the top official. 
 
The new regional headquarters is also set to build sustainable partnerships with public and private entities, playing an active role in advancing Saudi Arabia and the region’s technological ecosystem, he added.
 
FPT Software Middle East CEO Rimah Ghaddar said: "Our new regional headquarters symbolizes our firm commitment to Saudi Arabia’s journey to becoming the Middle East’s leading technology hub."
 
"FPT remains steadfast with its commitment to enabling speed, agility, and scalability for our regional customers and promoting cross-border collaborations," he added.-TradeArabia News Service



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