Synnex FPT

What Synnex FPT does

Synnex FPT (Công ty Cổ phần Synnex FPT) is Vietnam's largest ICT distribution company, operating a wholesale distribution model that moves technology products from global vendors to Vietnam's enterprise and consumer end-markets. The company runs four go-to-market motions: traditional distribution through an agent network, project-based distribution for enterprise deployments, custom fulfillment services, and multi-channel/online sales. Its core customers fall into three segments — corporate enterprises needing IT infrastructure and digital transformation products, individual consumers purchasing via retail outlets, and a base of resellers/agents who extend reach into sub-dealer and small-business markets. The company maintains over 3,800 agents and 8,000+ retail points across Vietnam, with offices in Hanoi and Ho Chi Minh City, and employs 1,000+ specialized professionals.

Synnex FPT distributes products in five categories — IT systems (desktops, laptops, workstations), components and peripherals (motherboards, GPUs, storage, accessories), phones and smart devices (smartphones, tablets, wearables including Apple and Garmin), IT solutions (HPE servers and switches, Microsoft software), and aftermarket FPT Services (repair, on-site IT, system installation, and extended warranty programs including FPT CarePack and AppleCare). Vendor relationships span 100+ suppliers including Intel, Lenovo, HP, ASUS, Huawei, Dell, Cisco, IBM, Microsoft, Garmin, Apple, and Xiaomi, with sole-distributor status for the full Dell Technologies range in Vietnam. Underlying distribution operations are supported by the proprietary DDP (Digital Distribution Management) platform and partner portals (partners.synnexfpt.com, portal.synnexfpt.com).

The company is a joint venture between FPT Corporation and Synnex Corporation, founded in 2014 as the consolidation vehicle that now claims 30+ years of combined distribution heritage. Synnex FPT crossed the $1 billion USD revenue milestone in 2021 and has publicly stated a $2 billion USD revenue target for 2026. Pricing is quote-based and not publicly disclosed; enterprise contracts are typically multi-year. Recent strategic positioning includes elevation to Intel Prestige Partner (highest tier) in 2026, a strategic distribution partnership with Delta Electronics Vietnam for UPS and data center infrastructure, and an announced expansion of the ICT partner network into Cambodia and Laos as part of an Indochina regional push. Synnex FPT is in active operating status with multiple 2025-2026 vendor awards (Lenovo, Intel, HP, Huawei, ASUS, IBM, Cisco, SanDisk) reinforcing its position as Vietnam's premium-tier ICT distributor.

Name

Synnex FPT

Legal name

Công Ty Cổ Phần Synnex FPT

Website

https://synnexfpt.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Synnex FPT (Công ty Cổ phần Synnex FPT) is Vietnam's largest ICT distributor, distributing computers, smartphones, smart devices, and enterprise IT solutions from 100+ global vendors through a nationwide network of 3,800+ agents and 8,000+ retail points.

Ownership category

akta.pro rank

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Product Distribution: Revenue generated from distributing technology products (computers, components, smartphones, smart devices, IT solutions) through extensive agent and retail network across Vietnam
2. IT Solutions Distribution: Distribution of enterprise IT solutions including servers, networking equipment, software licenses, and business solutions
3. Fulfillment Services: Custom order fulfillment services for specific partner requirements

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Synnex FPT distributes computer equipment, IT components and peripherals, mobile phones and smart devices, and enterprise IT solutions from international technology vendors through a nationwide agent, reseller, and retail network in Vietnam. The company also provides after-sales services (repair, on-site support, installation, extended warranty) and fulfillment services to vendors and enterprise customers.

Product overview

Synnex FPT operates as a comprehensive technology distribution company in Vietnam with over 30 years of experience, managing a network of more than 3,800 agents and 8,000 retail points across the country. The company offers a multi-channel distribution model encompassing traditional distribution, project-based distribution, fulfillment services, and omnichannel/e-commerce sales. Their product portfolio spans five main categories: (1) IT Systems including computers and workstations from major vendors; (2) Components & Peripherals covering motherboards, graphics cards, storage, gaming accessories, and surveillance cameras from brands like MSI, Seagate, Kingston, and Imou; (3) Phones & Smart Devices including Apple iPads, Apple Watches, and wearables from Fitbit and Garmin; (4) IT Solutions featuring HPE network switches and ProLiant servers, Microsoft software including Windows and Office; and (5) FPT Services encompassing repair, on-site IT, system installation, and extended warranty programs (FPT CarePack, AppleCare). Synnex FPT serves as the sole distributor in Vietnam for Dell Technologies' full product range and distributes products from over 100 leading technology suppliers including Intel, Lenovo, ASUS, HP, Huawei, Cisco, IBM, Microsoft, and many others.

Differentiator

Problem solved

Functional benefit

Products and services

• IT Systems Distribution

Quantifiable outcome

• Delivered millions of quality technology products and solutions to Vietnamese consumers
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Ten partnerships are on record, tiered core.

• ASUScoreChannel Partner/ Reseller/ Distributor · 29 June 2026Synnex FPT is strategic distribution partner of ASUS in Vietnam, distributing products from personal computers and laptops to components and technology solutions. ASUS also partners with FPT ecosystem on AI Factory development.
• HuaweicoreChannel Partner/ Reseller/ Distributor · 26 June 2026Synnex FPT awarded Huawei Distributor Partner of the Year 2025 at Huawei SEA Partner Summit. Partnership focuses on enterprise solutions, AI infrastructure, and digital transformation for Vietnam market.
• GarmincoreChannel Partner/ Reseller/ Distributor · 18 June 2026Synnex FPT is the official distributor of Garmin products in Vietnam. Companies collaborate on social media marketing campaigns for products like Garmin Venu smartwatch, utilizing KOL/KOC content to reach Vietnamese consumers.
• Cisco VietnamcoreStrategic or Co-development Partner · 8 May 2026Synnex FPT hosts Cisco Vietnam delegation and Cambodian partners, discussing regional expansion opportunities. Partnership enables cross-border ICT collaboration across Indochina region (Vietnam, Cambodia, Laos).
• IntelcoreChannel Partner/ Reseller/ Distributor · 1 May 2026Synnex FPT elevated to Intel Prestige Partner status (highest tier in Intel Partner Alliance). Authorized distributor of Intel CPUs since January 2024, with transition from Authorized Component Supplier to Authorized Distributor marking pivotal breakthrough.
• Delta Electronics VietnamcoreStrategic or Co-development Partner · 15 April 2026Delta Electronics Vietnam and Synnex FPT announced strategic partnership with Synnex FPT as Authorized Distributor. Partnership focuses on high-efficiency UPS systems and data center solutions for Vietnam market, supporting green energy and sustainable technology infrastructure development.
• IBMcoreChannel Partner/ Reseller/ Distributor · 1 December 2025Synnex FPT honored as IBM Partner Activation Champion 2025 at APAC Ecosystem Growth Summit. One of only 3 APAC distributors recognized from 60 total, focusing on AI & Hybrid Cloud solutions for Vietnamese enterprises.
• LenovocoreChannel Partner/ Reseller/ DistributorSynnex FPT maintains position as leading strategic partner for Lenovo in Vietnam, distributing PC, smart device, and consumer tech solutions through extensive network of 3,800+ agents and 8,000 retail points.
• HPcoreChannel Partner/ Reseller/ DistributorSynnex FPT recognized as HP Top Performance Distributor Printing Solutions, distributing HP printing solutions and enterprise products.
• Dell TechnologiescoreChannel Partner/ Reseller/ DistributorSynnex FPT is sole distributor in Vietnam providing full range of Dell Technologies products across all segments from consumers to large enterprises.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• ScanSource: North American value-added distributor of technology products and solutions including networking, POS, and enterprise hardware. Comparable in distribution model and vendor relationships though operating in a different geography.
• TD SYNNEX: Global IT distributor formed by the merger of Tech Data and SYNNEX, and the parent entity of Synnex Corporation. Directly comparable as the global parent of Synnex FPT's co-parent and the worldwide distribution platform against which Synnex FPT's smaller regional operations are benchmarked.
• Redington: Emerging-market IT distributor with strong presence across South Asia, Middle East, and Africa, distributing enterprise hardware, software, and mobility products. Comparable as a regional distribution incumbent operating in adjacent emerging markets to Vietnam.
• Ingram Micro: One of the world's largest IT distributors with global reach across enterprise hardware, software, and cloud services. Comparable as a broad incumbent in IT distribution that competes for the same vendor relationships and reseller ecosystems at global scale.
• WPG Holdings: Asia-Pacific's largest semiconductor and electronic components distributor, headquartered in Taiwan. Comparable as a regional distribution incumbent covering overlapping vendor and channel ecosystems across Asia.
• Arrow Electronics: Global value-added distributor of electronic components and enterprise computing solutions. Comparable as a broad incumbent in IT/electronics distribution serving enterprise and SMB customers with similar vendor portfolios.

Direct peers

• Digiworld Corporation: A leading Vietnamese ICT and consumer electronics distributor publicly listed on HOSE, distributing laptops, smartphones, and IT accessories from brands like Apple, Samsung, Dell, HP, and Acer. Directly comparable as a domestic competitor in the same Vietnamese distribution channel.
• FPT Trading (FPT Corporation subsidiary): Related-party distribution arm within FPT Corporation that overlaps in product categories and Vietnamese channels. Comparable as a sibling distributor within the same parent ecosystem, with potential overlap in vendor relationships and customer base.
• Petrosetco (PSD): Vietnamese-listed distribution group distributing technology products (HCL laptops, Brother printers, Apple, Samsung) and other consumer goods. Comparable as a domestic Vietnamese distributor competing for similar retail and channel relationships.

Regional players

• An Phat Holdings: Vietnamese technology and electronics group with distribution operations in ICT products alongside its core manufacturing. Operates in overlapping Vietnamese channels but with a different primary focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCf1RhksvnOE0KVfNd7j0YTg
• Facebookfacebook.com/sanphamsofpt
• LinkedInlinkedin.com/company/synnex-fpt

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Synnex FPT