Vietnamese company acquires 10% stake in South Korean technology consulting firm.

DNVN - FPT, through its subsidiary in South Korea, has just signed a strategic investment agreement and a Master Service Agreement (MSA) with Blueward, a leading independent IT consulting and services company in South Korea specializing in SAP/ERP.

FPT will own a maximum of 10% of Blueward's shares. This investment is expected to be completed before Blueward's IPO in 2028.

Through this collaboration, both parties aim to enhance their SAP/ERP deployment capabilities, improve consulting expertise, and strengthen their competitive position in the Korean market; leveraging their strengths to jointly implement large-scale digital transformation programs for leading enterprises in Korea.

Representatives from both sides at the signing ceremony.

Blueward has advantages in SAP/ERP consulting, a strong customer relationship network, and deep understanding of the Korean business environment. FPT, on the other hand, will bring a team of nearly 2,000 SAP experts and extensive international experience in implementing large-scale digital transformation and business transformation programs. The two parties will adopt a co-provision and co-implementation model to accelerate progress, optimize costs, and improve service quality for corporate clients.

This cooperation will also support FPT to expand strategic SAP/ERP projects and services in many areas, from consulting, implementing S/4HANA (New generation enterprise resource management solution based on SAP HANA database), SAP BTP (SAP Enterprise Technology Platform), SAP AI (SAP AI-integrated products and services) and system operations management.

In addition, based on Blueward's financial consulting strengths and FPT's data, AI and cloud capabilities, the two sides will also expand cooperation to the financial and capital markets sectors to provide integrated solutions for brokerage, clearing and settlement, risk management, market surveillance, IFRS reporting and SAP FI/CO integration.

Hoang Huy

Source: https://doanhnghiepvn.vn/kinh-te/kinh-doanh/doanh-nghiep-viet-thau-tom-10-co-phan-cong-ty-tu-van-cong-nghe-han-quoc/20251211091852464