FPT, Minh Phu sign deal for digital transformation

Tuesday, Dec 24, 2019 18:14

Truong Gia Binh, chairman of FPT Corporation, and Le Van Quang, Minh Phu Seafood Corporations chairman, sign a strategic agreement and digital transformation consultancy contract in HCM City on December 24. — VNS Photo

IT giant FPT Corporation and Minh Phu Seafood Corporation, the countrys largest seafood company, signed a strategic agreement and digital transformation consultancy contract in HCM City on December 24.

Under the agreement, FPT and Minh Phu will focus on building a digital transformation roadmap to optimise the latters operating process, minimise costs and improve production capacity to enable it become one of the leading seafood technology companies in the world.

FPT will apply the digital transformation methodology of FPT Digital Kaizen that is drawn from practical experience when it helped companies around the world achieve digital transformation.

Viet Nams shrimp exports currently account for less than 10 per cent of global market share, but Minh Phu alone accounts for around 4 per cent of global exports.

Le Van Quang, chairman of the company, said its strategic goal is to achieve 25 per cent by 2045.

To achieve this goal, the urgent tasks are to automate its production process, create big data strategy for the industry, synchronise information from all its operations, and adopt traceability technology, among others, he said.

“Minh Phu is one of the leading shrimp processing firms in the world and is growing strongly.

“Minh Phu wants to achieve a breakthrough development, and so it must change, and digital transformation is the inevitable way.

“We have worked with many of the world's major technology corporations, but the solutions they offer are not in line with our company practices.

“We needed a capable consultant who understands the operations of Vietnamese businesses, especially in the seafood sector, and is ready to go with Minh Phu in the journey of digitisation.”

Truong Gia Binh, chairman of FPT Corporation, said: “Digital transformation is occurring strongly around the world, which is an important way to help businesses and organisations achieve new successes.”

With its understanding of customers, core technology platforms and leading experts in digital transformation, FPT will work alongside Minh Phu to solve important business problems to jump high in the global market, he said. — VNS

Comments (0)