Reported 1 day ago
Vietnam's Ministry of Public Security is looking to acquire a majority ownership of FPT Telecom, a leading internet service provider, as part of its strategy to enhance national cybersecurity. This move involves transferring shares from the State Capital Investment Corporation, which currently holds over 50% of FPT Telecom. The plan has raised concerns among investors about the future of FPT Telecom, which contributes significantly to FPT Corp's revenue.
Source: YAHOO