This strategic move aims to enhance FPT’s capabilities in delivering digital solutions and services to energy enterprises - one of the most significant business segments, contributing nearly 50% of FPT’s revenue in the European market.

With strengths in UI/UX design, integration, full-stack development, SAP integration, and customer information management systems, David Lamm Consulting will play a key role in sharpening FPT’s competitive edge as it delivers tailored energy-sector solutions across Germany and broader Europe.

Leveraging FPT’s global project implementation capabilities and extensive network, the company will also continue to manage David Lamm Consulting’s existing projects, ensuring continuity and high-quality service for clients.

“This acquisition strengthens FPT’s technology and consulting capabilities and enhances our competitive advantage. It reaffirms our position as a strategic partner for energy companies across Europe and globally. With deep expertise, hands-on experience, and a high-quality workforce in over 30 countries, we are driving innovation and providing sustainable, forward-thinking solutions to tackle complex enterprise challenges worldwide,” said Nguyen Khai Hoan, Chief Financial Officer and Chief Operating Officer of FPT Software.

The two companies began collaborating in October 2024 to develop innovative solutions in energy production, distribution, and sustainable development.

With more than 16 years of experience in the European market, FPT has established a strong presence in nine countries and is a trusted digital transformation partner for over 150 leading European enterprises. The group works with top names across energy, automotive, healthcare, finance, and banking - including E.ON, Schaeffler, Viessmann, Covestro, Volvo, and Siemens.

According to Eunjung Han, Vice Chair of the Digital Sector Committee at EuroCham, the European Union will continue to boost digital transformation support in the coming years. This commitment is reflected in the proposed “Digital Europe” program, scheduled to run through 2027.

As the EU’s first funding initiative exclusively dedicated to digital transformation, Digital Europe provides strategic financial support across five core areas: high-performance computing, artificial intelligence, cybersecurity, advanced digital skills, and broad adoption of digital technologies across the economy and society.

Han also noted that for Vietnamese enterprises looking to expand into Europe, understanding the EU’s legal framework for investment and incentive programs is essential to participate effectively in the region’s economic ecosystem.

As of July 2024, Vietnam had approximately 51,038 active digital technology enterprises - an increase of nearly 6,000 from August 2023. Notably, 1,500 of these companies reported revenue from international markets. In 2023, foreign market revenue reached USD 7.5 billion, and that figure is expected to rise to nearly USD 10 billion this year, marking a growth rate of about 30%.

Thai Khang