FPT acquires Navisoft: Strengthening the “Make in Vietnam” tech ecosystem

FPT Corporation has announced its investment in Nam Viet Software Solutions and Services JSC (Navisoft), a respected technology provider with nearly two decades of experience in delivering software solutions, especially in the securities and banking–finance sectors. This strategic acquisition reflects both companies’ shared commitment to advancing Vietnam’s finance sector capabilities through technology—aligned with Resolution 57-NQ/TW’s emphasis on science, technology, innovation, and digital transformation as foundational to Vietnam’s rise in the new era.

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FPT successfully enlists Navisoft, aiming to offer more comprehensive and advanced technological solutions to the market, joining forces to solve major challenges in the financial–banking–securities sectors.

Specifically, FPT’s investment in Navisoft aims to combine the capabilities, experience, and technology solution ecosystems of both parties to address specific challenges in the securities and financial–banking sectors in particular and the digital economy in general in Vietnam and global markets, especially as the Asian economy experiences rapid growth and Vietnam stands out as a prominent example. In recent years, Vietnam’s securities market has seen dynamic development and is gradually affirming its role as a major capital mobilization channel for enterprises and the national economy.

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Both sides commit to creating value for the financial–securities market, both domestically and internationally.

As Vietnam’s securities market moves closer to being upgraded to an emerging market, digital technology adoption is becoming a competitive race in the sector with growing needs for infrastructure building, core systems, operational services, security, and full-scale digitalization applications. The collaboration between FPT and Navisoft marks a strategic step in enhancing Make in Vietnam technological capabilities. Both parties aim to become comprehensive partners – from consulting and implementation to system operation – contributing to the development of a stable, transparent, and sustainable financial–securities market.

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Mr. Tran Đang Hoa, FPT Corporation shared expectations regarding FPT’s new M&A deal

Representative of FPT, Mr. Tran Đang Hoa, Chairman of FPT IS, FPT Corporation, shared: “We are delighted to welcome Navisoft into the FPT Corporation, where we share a vision and ambition for technological sovereignty to build a prosperous Vietnam. FPT and Navisoft both have deep experience in the financial–banking sector, especially in securities, and strong capabilities in deploying practical, well-structured Make in Vietnam technology solutions. With FPT’s existing strengths and global business network, Navisoft’s products will have greater opportunities to expand regionally and internationally.

We believe this strategic partnership will accelerate innovation for both sides, particularly in the development and operation of modern trading platforms – from traditional securities to new exchanges – contributing to a more transparent, sustainable, and deeply integrated Vietnamese financial market.”

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Mr. Tran Duc Chien – Vice Chairman of Navisoft – commits to collaborating with FPT in creating technological value for the financial–securities market

 

From Navisoft, Mr. Tran Duc Chien – Vice Chairman of the Board – affirmed: “Becoming part of the FPT ecosystem is a significant milestone, marking a strategic transformation for Navisoft. With nearly two decades of developing technology solutions for the financial–securities sector, we understand the specific demands and rapid changes of this field. Our collaboration with FPT – a leading tech enterprise with a global network and proven project implementation capabilities – will not only enhance Navisoft’s product development and implementation capabilities but also boost the overall efficiency and speed of digital transformation across the industry. We are committed to joining FPT in creating breakthrough, Make in Vietnam-branded solutions that generate real value for the financial–securities market both domestically and globally.”

FPT is one of Vietnam’s leading technology corporations, with over 37 years of experience in driving digital transformation for the government and enterprises across vital sectors of the economy. Among these, the finance–banking–securities sector is a highlight where FPT has left a strong imprint through core system projects for major institutions such as the Vietnam Securities Depository (VSD), the Vietnam Stock Exchange (VNX), and numerous commercial banks via large-scale digitalization projects including core financial systems, digital banking, risk management, ALM, IFRS9, and more. With its “Made by FPT” ecosystem of nearly 250 digital products and services, FPT continues its mission as a trusted partner accompanying governments, localities, and businesses in enhancing competitiveness through technology and aiming for sustainable growth beyond short-term challenges.

In product development, the Made by FPT ecosystem recorded VND 2,267 billion in revenue in 2024, a 31% increase year-on-year, playing a vital role in ensuring long-term growth for FPT. This also demonstrates FPT’s strong and strategic shift toward product development. By 2027, FPT aims for 100% of its products and services to integrate AI, making them smarter and more user-friendly; highly automated and accurate products will deliver financial benefits to customers.

Navisoft is a pioneering enterprise in providing IT solutions for Vietnam’s finance–banking–securities sector. Over 18 years of development, Navisoft has firmly established itself as a strategic partner to many major financial institutions while continuously expanding its ecosystem of high-quality Make in Vietnam products. Today, the company is a key tech partner for major financial organizations such as the Hanoi Stock Exchange, Ho Chi Minh Stock Exchange, Vietnam Securities Depository, and many top commercial banks and securities firms. Its core products – Navisoft eBroker Plus, Navisoft eAuction, and Navisoft eSwitch Securities – are directly serving millions of individual and institutional investors nationwide.

Previously, FPT and Navisoft had an impressive collaborative journey in the historic “100-day resolution of HOSE trading congestion” project in 2021. FPT directly designed, built, and successfully implemented the new trading system for HOSE. Navisoft coordinated in upgrading and modifying the core software, including communication interfaces with securities companies (Gateway). With robust technological capabilities and a commitment to completing the project within three months, the system was operational, processing millions of daily orders with high stability and security. This project not only ensured smooth stock market operations and restored investor confidence but also marked a technological milestone for Make in Vietnam – a critical national financial infrastructure designed, owned, and deployed entirely by Vietnamese engineers. As of May 5, the system has successfully transitioned to the KRX platform, completing its nearly 5-year mission of ensuring HOSE operations.

The collaboration between FPT and Navisoft promises to deliver more advanced and comprehensive technology solutions to the market, joining forces to address complex challenges in the financial–banking–securities sectors. This move reaffirms the commitment to building a self-reliant Vietnam in technology and realizing the goals set forth in the Politburo’s Resolution 57-NQ/TW. 

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