On January 9, the Go-live of the SAP ERP Project and a signing ceremony for a comprehensive cooperation agreement between the Stavian Group and the FPT Group took place at the headquarters of the former in Hanoi. The ceremony was attended by Mr. Dinh Duc Thang, Chairman and CEO of the Stavian Group, Mr. Nguyen Van Khoa, General Director of the FPT Corporation, Mr. Nguyen Hoang Minh, General Director of FPT Information System (FIS), and Mr. Nguyen Hong Viet, General Director of SAP Vietnam.

Mostly known for its outstanding achievements in the supply chain and manufacturing sector of the petrochemical industry, the Stavian Group is also rapidly expanding its business worldwide, focusing on a variety of industries including petrochemicals, chemicals, pulp and paper, high-tech new materials, recycling, the circular economy, industrial parks, logistics, and Industry 4.0 venture capital.

In order to operate the business ecosystem in a constantly-changing and multifaceted global trade situation, the Stavian Group needs to tackle the challenges of a decentralized information system resulting in limited resources and inconsistent availability of data for employees. Therefore, digital transformation has become one of the Group’s key focuses, which has a great deal of potential for further development.

Responding to Decision No. 749/QD-TTg on introducing a program for national digital transformation by 2025 with orientations towards 2030, the Stavian Group implemented the business management system SAP S/4HANA, one of the most advanced enterprise resource planning software in business management. This is the digitalization solution that the FPT Group has accompanied Stavian in deploying, covering the enterprise’s four main pillars in the 4.0 era, namely information systems, ecosystems, customer experience, and the Internet of Things (IoT).

This will also be the key for the Stavian Group to streamline its operating system, enhance corporate governance, increase competitiveness, and expand international business. The Go-live of the SAP ERP Project has truly marked a successful and important milestone for the Stavian Group in its business digital transformation roadmap.

At the ceremony, the Stavian Group and the FPT Corporation also signed a comprehensive cooperation agreement. FPT will accompany Stavian to develop and apply technology in various business aspects, including agent and distributor management, distribution, business process automation, and other digital transformation solutions such as domestic and international transmission services, internet connections, and advanced 4.0 technology solutions (for e.g., AI, Chatbot, RPA, Data Analytics, Blockchain, etc.).

Mr. Dinh Duc Thang, Chairman and CEO of the Stavian Group, said the SAP ERP solution is the foundation for the Group in the next phase. With a vision of becoming a multinational industrial corporation, digital transformation is a sustainable movement that not only brings profits to businesses but also increases the competitiveness of the Vietnamese economy in the international market.

“We believe that FPT will help Stavian accelerate digital transformation, thereby standardizing the entire business protocol, centralizing data, and connecting business sub-units to the best corporate governance model,” said Mr. Thang. “This cooperation with FPT is an important step on our journey to becoming a leading digitalized industrial corporation in Vietnam and the region.”

According to Mr. Nguyen Van Khoa, General Director of the FPT Corporation, the cooperation between FPT and Stavian is an important milestone in accelerating digitalization for one of the leading enterprises in the petrochemical industry in Vietnam, making an important contribution to realizing Stavian’s transformation goals.

“With SAP ERP and digital transformation solutions from FPT, Stavian can optimize operations, reduce costs, and save resources, thereby accelerating growth,” said Mr. Khoa. “We hope to continue to accompany Stavian and Vietnamese manufacturing enterprises, providing the right digitization solutions to businesses.”