FPT’s shares rose by 5% to 105,000 VND/share on August 27, reaching a total market capitalization of about 179 trillion VND. The Prime Minister assigned Mr. Truong Gia Binh, Chairman of FPT, and Mr. Don Lam, founder of VinaCapital, to research the establishment of a Private Economic Development Fund. Since the announcement of this task on August 22, Mr. Binh’s assets have increased by 704 billion VND. The Prime Minister has requested close cooperation with the Ministry of Finance to implement economic programs, honor effective business models, and develop indicators to assess the business environment in Vietnam. All these tasks are to be reported by the end of August.
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