FPT Signs Record USD 256M Digital Deal in Energy Sector

FPT, Vietnam's premier technology and IT service company, has signed a record USD 256 million deal with a high-profile Asian energy company to provide full-scale digital transformation services in the next five years. The strategic collaboration is the company's largest contract to date and solidifies its expanding global presence in Digital and Intelligent Transformation.

As part of the collaboration, FPT will assign a team of dedicated AI-enpowered engineers to provide a holistic range of services such as software development, data engineering, cloud, DevOps, low-code, and mobile offerings infused with Artificial Intelligence for innovation, agility, and operational excellence.

“This is not just a commercial achievement—it’s a recognition of the trust we’ve built over 20 years. Our client is leading the energy transition in Southeast Asia, and we’re proud to co-create the digital future of energy with them.” said Nguyen Van Khoa, CEO of FPT Corporation.

Key highlights:

• FPT signs a record-breaking USD 256 million contract with a major Asian energy firm, marking its largest-ever deal for full-scale digital transformation services.
• A five-year engagement will deploy AI-powered engineers to deliver software, cloud, data, DevOps, and low-code solutions infused with Artificial Intelligence to drive operational excellence.
• The deal strengthens FPT’s global footprint, following major contracts worth USD 225M in the U.S., USD 110M in Singapore, and USD 115M in Germany—underscoring its leadership in large-scale digital transformation

The partnership also includes delivery management, change management, product development, testing, deployment, and continuous optimization—aligned with the client’s stringent governance and technical standards.

Also Read: Asia-Pacific Renewable Energy Outlook For A Sustainable Future

Khoa stated, “Our goal is to position Southeast Asia as a world innovation hub. This acquisition solidifies our long-term commitment to building talent, pushing AI forward, and delivering meaningful impact to industries."

The partnership is the latest addition to FPT's recent success in securing global deals, including contracts of USD 225M in the US, USD 110M in Singapore, and USD 115M in Germany—demonstrating its strength in competing globally and its capabilities of heading large-scale digital transformation projects worldwide.