This morning, the Ministry of Public Security held a handover ceremony for the state capital representation rights at FPT Telecom from SCIC to the Ministry. According to Nguyen Quoc Huy, General Director of SCIC, this transfer is in line with the government’s strategy to enhance the effectiveness of state capital management, serving as a strategic decision for national digital transformation. Established in 1997, FPT Telecom has become a pioneer in telecommunications. SCIC currently holds over 50% of FPT Telecom’s shares, expecting to receive 1.25 trillion VND from this transfer. In 2024, FPT Telecom aims to achieve a revenue of 17.61 trillion VND and a pre-tax profit of 3.588 trillion VND, marking increases of 11% and 18%, respectively. The target for 2025 is 19.9 trillion VND in revenue and 4.2 trillion VND in pre-tax profit. Additionally, FPT Telecom plans to invest 3.84 trillion VND in infrastructure development.
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