FPT once stood for Food Processing Technology. He taught himself computing instead.

Dr. Truong Gia Binh co-founded FPT in 1988 and chairs it still. At the April 2026 annual general meeting he set out a move to an “AI-native” model over the next five to ten years. Profits are still rising, Japan honoured him in July, and in October FPT signed an AI alliance with South Korea’s NAVER Cloud. Investors, though, are asking harder questions.