FPT Telecom’s shares (ticker FOX) are experiencing a remarkable rise on the stock market, increasing by 56% since the beginning of 2026, reaching 99,300 VND/share, while its market cap has soared to 73 trillion VND. The transfer of nearly 370.7 million FOX shares from SCIC to the Ministry of Public Security on November 11, 2025, has led to a significant increase of nearly 29 trillion VND in just over two months. The Ministry is now the largest shareholder with over 50% stake, while FPT holds 45.66%. Following the ownership transfer, FPT Telecom has also added three new members to its board, including Nguyen Trong Trung from Gelex. Founded in 1997, FPT Telecom is one of Vietnam’s leading telecommunications firms, operating four major data centers that support digital transformation for many organizations. In Q3 2025, the company recorded a revenue of 4,929.7 billion VND, up 8% year-on-year, with a pre-tax profit of 3,228 billion VND, achieving 77% of its annual target after the first nine months.
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