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Vietnam IT leader to fight Asian rivals on quality, not cost: new CEO

FPT aims for 15% annual growth over next three years, plans more R&D spending

Nguyen Van Khoa becomes Vietnamese IT leader FPT's youngest chief executive. (Photo courtesy of FPT)

HO CHI MINH CITY -- The incoming chief executive of FPT, Vietnam's largest information technology company, has affirmed a commitment to double-digit growth and says he will not simply rely on a cheap workforce.

Nguyen Van Khoa, 42, takes the reins on March 29 in a leadership transition from the founding generation to younger hands.

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