Truong Gia Binh - Career

Career

On September 13, 1988, Binh and 12 Vietnamese scientists founded the Food Processing Technology company, the predecessor of FPT. He became the head of the Corporation for Financing and Promoting Technology, Vietnam's earliest information technology firm, in 1990.

In March 2002, after the equitization of FPT, Binh became the Chairman and Chief Executive Officer (CEO) of FPT Corporation. Afterwards, he led the firm in its expansion from its origins as an internet service provider to other areas such as software outsourcing for Japanese companies.

In 2006, his company opened FPT University, Vietnam's first private university; he also took up a position as the chairman of its managing board. He is speculated to be the richest person in Vietnam; as of January 2007, the value of his stake in FPT alone is VND2.6 trillion ($164 million; 5,117,280 shares at VND525,000), according to the company's own prospectus. Bình himself is reportedly "tired" of the rumours.

On July 16, 2012, Truong Gia Binh was appointed to the National Council for Sustainable Development and Competitiveness Building. The council, chaired by Vietnam's Deputy Prime Minister Nguyen Thien Nhan, is tasked with developing strategies and key policies to set orientations and a legal framework for the country’s sustainable development in the next decade.

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