FPT Corp., Vietnam’s largest publicly listed technology company, is forging a path toward becoming a major force in the regional AI sector. This ambitious endeavor has been enabled by its collaboration with Nvidia Corp. to establish an AI data center in Vietnam and Japan, further extending into semiconductor chip design. The tech giant, valued at $6.8 billion and employing over 80,000 people across 30 countries, boasts a prominent presence among Fortune Global 500 companies like Airbus SE, Halliburton Co., and Ford Motor Co. This success has propelled Vietnam beyond its role as an economic manufacturing hub, marking a significant turning point in the nation’s technological landscape. FPT’s journey is led by Truong Gia Binh, who established the company four decades ago with humble beginnings and a single computer borrowed from General Vo Nguyen Giap, a legendary figure known for leading the Vietnamese army to victory against France and the US. With over 60 years of experience in Vietnam’s dynamic tech industry, he has been instrumental in guiding FPT’s evolution into a national technological powerhouse. Binh’s personal story is one of resilience and ambition, mirroring the nation’s own fight for independence and progress during Vietnam’s turbulent past. The company’s strategic shift toward AI aligns with the Vietnamese government’s ambitions to reshape its economy from traditional manufacturing to high-tech industries. This ambitious move will play a crucial role in bolstering the country’s digital prowess and contributing significantly to the global AI market estimated at $990 billion by 2027. FPT faces challenges, including competition from established tech firms like those in India and Malaysia. Additionally, the company must navigate new tariffs set by President Donald Trump which could impact its global client base. The Ministry of Public Security’s recent focus on internet regulations also presents a potential hurdle for FPT Telecom, an aspect that remains under close scrutiny. Despite these challenges, FPT is committed to driving forward and achieving its ambitious growth goals, with an anticipated 20% annual revenue increase.