FPT and VIMC cooperation to enhance financial management of Vietnam's maritime industry

Vietnam National Shipping Lines (VIMC) and FPT officially announced Go-live of FPT CFS financial reporting consolidation solution.

This is an important step in VIMC 's financial management digitalization roadmap, while contributing to the realization of Resolution 57 on sustainable marine economic development, emphasizing the role of innovation and digital transformation.

Digital transformation is the growth driver of VIMC

After more than 30 years of establishment and development, VIMC is now a core enterprise of the Vietnamese maritime industry, a pioneer in international integration and providing global maritime and logistics services. In 2024, VIMC will open 10 more container shipping routes, including a direct route connecting Vietnam to Europe; total cargo throughput through the port system increased by 26% over the same period, higher than the national average. The enterprise also serves the top 10 global shipping lines, affirming its pivotal role in the port exploitation, maritime transport and logistics industry.

With the increasing scale and growth rate, digital transformation is not only a trend, but also an important driving force for VIMC to improve management efficiency, optimize operations and develop value-added services. The positive results in business activities in recent times have shown the clear effectiveness of innovation and digital transformation, while creating a solid foundation for VIMC to continue to make breakthroughs in the coming period.

From these successes, VIMC continues to expand its investment in technology, bringing new solutions to its core areas of expertise. With the desire for sustainable, modern and integrated development, VIMC is promoting the application of technology in corporate governance, including the digitalization of finance and accounting.

Cooperating withFPT , VIMC comprehensively digitally transforms the financial reporting consolidation system.

VIMC's financial management system is divided into 3 levels with capital ownership and nearly 80 sets of accounting books including private books, parent company and branches. With the increasing scale and speed of development, VIMC sets the goal of not only meeting Vietnamese accounting standards, but also proactively modernizing and digitizing financial accounting work.

In February 2025, VIMC and FPT launched the FPT CFS financial reporting consolidation solution. The FPT CFS solution helps standardize and automate the consolidation of reports and improve financial management capacity at the group level. The application of the solution has supported VIMC in improving business processing efficiency, optimizing human resources efficiency, and meeting accounting standards. The most important point for VIMC is that in addition to financial reports that fully meet accounting standards in Vietnam, VIMC also aims to approach international standards, enhance financial transparency, and create a solid foundation for its growth strategy and international integration.

Within just 5 months of implementation, the two sides' professional teams have completed the preparation, data standardization, data integration from various accounting software systems and are ready to put into operation. The "lightning-fast" implementation speed is the result of the consensus from VIMC's leadership and the professionalism and efforts of the accounting and finance teams of both sides.

Speaking at the event, Mr. Pham Anh Tuan - Deputy General Director of VIMC emphasized: "In the development strategy, VIMC identifies digital transformation as an important driving force to improve management efficiency, optimize operations and enhance competitiveness. Putting FPT CFS into operation is a practical step in modernizing financial management, helping us standardize the consolidation process, automate reporting and meet transparency requirements according to international standards."

Mr. Pham Anh Tuan - Deputy General Director of VIMC spoke at the Announcement Ceremony - Photo: FPT Smart Cloud.

Putting into operation the FPT CFS solution, VIMC has successfully deployed a set of consolidated financial statements with more than 45 explanatory reports, including many specific reports serving specific management requirements. The system not only automates the consolidation process but also creates an important foundation for VIMC to apply technology in modern financial management, serving the expansion plan, M&A and the roadmap for converting to IFRS in the future.

With a large amount of data and multi-layer financial consolidation requirements, the FPT CFS project at VIMC is one of the most complex implementations we have ever undertaken. Today's success comes from the combination of FPT's technological capabilities and the spirit of innovation and close coordination of the VIMC team. It is this companionship that has helped the project overcome challenges, fully deploying features that allow flexible configuration to handle problems according to actual needs. This is an important foundation for VIMC to continue expanding digital transformation in financial management, said Mr. Hoang Huu Chien, Chief Accountant of FPT Corporation and Director of the FPT CFS project.

Mr. Le Hong Viet – General Director of FPT Smart Cloud – FPT Corporation shared about the cooperation between the two units at the announcement ceremony. Photo: FPT Smart Cloud.

Sharing about the cooperation between the two units, Mr. Le Hong Viet - General Director of FPT Smart Cloud - FPT Corporation said: "The results that VIMC has achieved in financial management today are also the success of FPT CFS. On that foundation, FPT Smart Cloud commits to continue to accompany, bring modern Cloud and AI solutions, support VIMC to develop sustainably, improve international competitiveness and contribute more to the development of Vietnam's marine economy ."

Cooperating with FPT not only contributes to realizing Resolution 57 in the comprehensive digital transformation strategy, but also opens up a platform for the two sides to continue working together in many other key digitalization projects. Possessing leading technology advantages and implementation experience for large-scale corporations, FPT will continue to be a trusted partner to help VIMC accelerate the modernization of financial management, promote innovation and sustainable international integration.

Source: https://vimc.co/hop-tac-fpt-va-vimc-nang-tam-quan-tri-tai-chinh-nganh-hang-hai-viet-nam/