FPT and senior leaders of Bangladesh discuss cooperation opportunities in digital transformation
Recently, FPT leader undertook an important business trip to Bangladesh, where he met and worked with senior leaders of the Bangladesh National Board of Revenue to discuss potential collaboration opportunities between the two parties.
Mr. Chu Khánh Hòa – Executive Vice President and Director of the Global Block at FPT Corporation, had a meeting and exchange with the Director General of the NBR. During the meeting, Mr. Hòa also provided updates on the progress of FPT’s projects and shared potential collaboration opportunities between FPT and NBR, especially in the context of Bangladesh’s efforts to modernize its administration through digital platforms, in line with the policy of applying information technology in administrative management and the vision for Bangladesh’s digitalization from 2025 to 2030.
Additionally, Mr. Chu Khánh Hòa also participated in meetings with the Deputy Directors General of NBR to discuss current work between FPT and NBR, as well as future collaboration opportunities.
Mr. Chu Khánh Hòa visited FPT’s new office in Bangladesh
During his business trip to Bangladesh, Mr. Chu Khánh Hòa had the chance to visit and work at FPT Bangladesh’s new office, located in the Skylark building on Road 11, Banani – one of the busiest and most important streets in the heart of Dhaka. The office in Bangladesh marks an important milestone in FPT’s development, demonstrating the company’s strong commitment to global expansion, particularly in tapping into the highly potential South Asian market. Specifically, in the fiscal year 2024-2025, the Bangladeshi government is expected to allocate up to 210 million USD for information technology, opening up numerous collaboration and development opportunities for FPT in this region.
FPT’s new office in Bangladesh
Mr. Chu Khánh Hòa stated: “With a beautiful, modern office and good infrastructure, FPT Bangladesh not only facilitates staff in maximizing their professional capabilities but also enhances FPT’s image in the eyes of customers and potential partners.”
Currently, FPT Bangladesh is implementing and operating the Integrated VAT Administration System for the Bangladesh government, while supporting the operation of other systems serving this country of 174 million people. Thanks to the deployment of the IVAS system, FPT has contributed to helping the Bangladeshi government achieve significant growth in VAT revenue, increasing from 4.8 billion USD in the fiscal year 2015-2016 (before the system was implemented) to 7.2 billion USD in the fiscal year 2023-2024. FPT’s projects in Bangladesh are funded by international credit organizations such as the World Bank and the Asian Development Bank (ADB), which not only enhance FPT’s reputation and influence but also help affirm FPT’s position on the global information technology map.
The initial successes in implementing the Integrated VAT Administration System and other projects have demonstrated FPT’s capabilities and strategic vision. The new office in Dhaka will serve as a solid foundation for FPT to continue exploring potential opportunities, contributing to the development of Bangladesh and expanding its influence in the South Asian region.
