Vietnam's technological and economic future is shaping up vigorously as FPT Retail sets ambitious goals for 2025, projecting revenue of 48.1 trillion VND (approximately $2 billion) and pre-tax profits of 900 billion VND. This projection marks significant growth of 20% revenue and 71% profit compared to the preceding year, illustrating the company's resilience and strong market position.
The Board of Directors at FPT Retail expressed optimism about reaching these remarkable targets, which would establish the company’s highest revenue and profit figures since its listing on the Ho Chi Minh Stock Exchange (HoSE) back in 2018. The company has seen substantial success, achieving over 40.1 trillion VND in revenue for 2024, reflecting a growth of 26% over the previous year, surpassing eight percent of their initial targets.
Following restructuring efforts aimed at improving efficiency, FPT Shop, one of the largest technology retailers under FPT, reported positive sales growth toward the end of 2024. After facing challenges earlier on, the chain reduced its number of stores from 755 to 634, focusing on profitable outlets. With this operational refinement, FPT Shop enters 2025 poised to leverage advancements such as the rollout of 5G across the country.
Major telecom firms like Viettel, MobiFone, and Vinaphone are expediting the commercialization of 5G networks, anticipated to transform consumer habits by encouraging upgrades to newer mobile devices optimized for 5G capabilities. This shift resembles the historical transition from 2G to 3G/4G, promoting new smartphones packed with advanced features including near-field communication (NFC) for enhanced online transaction security—an upgrade encouraged by banks eager to meet new security requirements. “We've seen increased demand for phones with NFC capabilities, especially from banks,” shared Nguyen The Kha, FPT Shop’s Director.
2025 also looms as the pivotal year marking Microsoft’s cutoff of support for Windows 10 on October 14, 2025. According to analysts from Chứng khoán An Bình (ABS), this development will compel many users to adopt Windows 11—an operating system not compatible with numerous older devices. For many, this signifies not just software changes but necessitates hardware upgrades beginning as early as the latter half of 2024 to avoid disruptions.
Simultaneously, the integration of artificial intelligence (AI) technology is becoming increasingly relevant across varying sectors including retail and healthcare. Research indicates around 70% of the computers sold worldwide could incorporate AI by 2028. Observing the changing dynamics, AI is shaping not only technology but also altering workforce requirements—transforming jobs traditionally reliant on repetitive tasks.
Tran Trung Hieu, noted technology expert, asserts, "AI will change not only the tech industry but also significantly impact everything from finance to healthcare." He posits this technological shift presents both challenges and opportunities for workers, underlining the need for upskilling, particularly toward data analytics and programming.
The growing prominence of blockchain technology and Web3 is another pivotal trend heralded for 2025. Hieu states, “Those who understand blockchain will have significant advantages within the future financial markets.” Traditional investment models appear to be transitioning toward decentralized platforms, providing investors with improved transparency and control over their assets, reinforcing the narrative of adaptability and innovation.
Investing savvy is also expected to evolve with the rise of AI-driven tools for market analysis and portfolio optimization. Hieu anticipates, "The use of AI for identifying investment opportunities and managing risks will emerge as the rule of thumb by 2025.” He emphasizes the synergy between financial acumen and technology, highlighting those who adapt will seize the most significant benefits.
Conclusively, year 2025 stands not only as a transitional period for economic growth but also as one of substantial change influenced by technology: those who adapt, learn, and apply these innovations stand to gain tremendously. Hieu fittingly advises, “Rather than fear change, actively equip yourself with knowledge and skills to master the future.”