In 2005, when FSOFT’s revenue was just 9.5M USD, and FSOFT Da Nang was still finding its footing, the leadership made a bold decision – investing 1.5M USD to purchase 3 hectares of land in the Massda industrial zone. This decision materialized with the opening of the Masda building in January 2010. Beautiful and featuring innovative concepts like bathrooms and wardrobes for employees, apartments for overnight stays, and even a golf practice area, Masda building proved to be a strategically sound decision for FSOFT Da Nang.
However, the true impact of campuses became evident with the F-Town 1 project, FSOFT HCM’s first headquarters. Previously, the HCM branch rented offices in E-Town, Tan Binh District. E-Town was favored by many large businesses for its near-perfect match of A-grade office standards at a B-grade rent, with a convenient location just 10 minutes from Tan Son Nhat Airport.
The Ho Chi Minh City High-Tech Park (SHTP), established on October 24, 2002, is one of the three National High-Tech Parks established by the Government. Despite being only 15 km from the city center, the famous Hanoi Highway was known for traffic jams and dust, taking over an hour to reach the central of HCMC. Even though FPT was allocated 3 hectares there and had started land clearance and design, no FPT unit intended to move there, and the project was postponed.
FSOFT HCMC thrived in E-Town. However, the groundbreaking ceremony for the Masda building in Da Nang brought new ideas to FSOFT HCMC’s leaders. They began contemplating building their own headquarters. Then Director of FSOFT HCM Pham Minh Tuan took responsibility and committed to continuing the project in SHTP.
The biggest challenge was convincing employees to move from E-Town to District 9. The new campus, along with a comprehensive support program featuring WiFi-equipped buses, accommodation subsidies for those willing to move to District 9, did not retain 1/4 of FSOFT HCM’s workforce initially. However, it not only prevented a decrease in the branch’s revenue but also spurred growth after just one year. This marked the first office complex that FSOFT constructed based on the campus model they had envisioned earlier. F-Town’s initiation also signaled FSOFT as a pioneering Vietnamese company, owning and opening its own campus.
For FSOFT Hanoi, the Hoa Lac High-Tech Park project had long been on paper. In the 2010s, over 1,000 hectares of land remained desolate, used only for cassava and free-roaming cattle. On November 13, 2013, F-Ville 1 – the dream “Software Village” of FSOFT , was officially launched – the first and largest software project based in Hoa Lac High-Tech Park. More than just a groundbreaking project, F-Ville 1 made headlines for its green spaces, natural light, and fresh air, resembling a resort with a swimming pool and a football field, nestled alongside a winding stream from Tan Xa Lake.