FPT Joint Stock Company’s logo, featuring a stylized blue and white “F” on a white background.
On August 27th, building on the previous session’s gains, FPT shares rose 5% to 105,000 VND per share, with over 19.4 million shares matched. The company’s market capitalization reached nearly VND 179 trillion.
An image depicting a group of people sitting around a table, deep in discussion. The table is covered with papers and a laptop, indicating a serious meeting or planning session.
Prior to this, the Government Office issued Document No. 436/TB-VPCP on August 22, 2025, announcing the conclusions of the Prime Minister at a meeting with the Research Group on Private Economic Development.
To further enhance the role of the private sector, the Prime Minister assigned Group IV, along with Mr. Truong Gia Binh, Chairman of FPT, and Mr. Don Lam, founder of VinaCapital, to study the establishment of a Private Economic Development Fund. Group IV is to report to the Prime Minister within August.
Since August 22nd, FPT’s stock price has risen by approximately 6%. Mr. Truong Gia Binh’s wealth also increased by about VND 704 billion.
In parallel with the assignment given to Mr. Binh and Mr. Lam, the Prime Minister instructed Group IV to coordinate closely with the Ministry of Finance to implement the “Panorama of Vietnam’s Private Economy” program. The program should clearly define annual themes and objectives, selecting appropriate tools and organizational methods to ensure success and mobilize collective strength.
The Prime Minister also assigned Group IV to research and identify exemplary models and efficient business production models, as well as deploy communication activities to honor and encourage learning, creating a positive impact. The media is also requested to coordinate in this endeavor. The honoring process must be deserving, fair, and transparent, with careful scrutiny and evaluation to avoid formality.
Another task assigned by the Prime Minister is to develop a set of indices to evaluate the effectiveness of Resolution 68 and the business environment. The Ministry of Finance is responsible for constructing these indices to measure the implementation of tasks and assess the development of enterprises and business households.
Meanwhile, Group IV is tasked with creating indices to monitor, evaluate, and determine the level of openness in Vietnam’s business environment, identifying obstacles and limitations faced by businesses, ensuring independence and objectivity. These tasks need to be considered and reported to the Prime Minister within August.
“Urgent Board Meeting Held at SMC to Elect New Members to the Board of Directors and Supervisory Board”
The Ho Chi Minh City Stock Exchange-listed SMC Investment and Trading Joint Stock Company (HOSE: SMC) has released documents for its upcoming Extraordinary General Meeting of Shareholders, scheduled for the morning of September 25th.
“Vingroup’s Market Capitalization Surpasses VND 500 Trillion, a Historic High”
As of this year, Vingroup’s market capitalization has soared to over three times its previous value. The conglomerate now stands as the second-largest company in terms of market capitalization on the Vietnamese stock exchange, surpassed only by Vietcombank.
Vietstock Daily: Summit Showdown
The VN-Index pared its gains towards the end of the trading session on August 27th, forming a Long Upper Shadow candle. This indicates that profit-taking pressures remain robust at the previous peak of 1,680-1,693 points. Additionally, with the Stochastic Oscillator indicator continuing to weaken after issuing a sell signal, it suggests that the index is likely to encounter further volatility in the upcoming sessions.
The Chairman of Ladophar seeks to offload a significant portion of his holdings as the company’s shares soar to new heights.
Mr. Pham Trung Kien, Chairman of the Board of Directors of Ladophar, a leading pharmaceutical company in Vietnam, has recently filed to sell over 1.08 million shares of the company’s stock, equivalent to 8.1% of its capital. If the transaction is successful, Mr. Kien’s ownership will decrease to 0.7%, and he will no longer be a major shareholder. The sale is intended for portfolio restructuring and will be executed through matched orders and/or put-through transactions between August 29 and September 27.
FPT’s Triumph: Prime Minister’s Trust in Truong Gia Binh Propels Stock to Impressive Heights
FPT’s stock has declined by over 34% since the beginning of the year. This significant drop has investors concerned about the future performance of the company. With a poor outlook for the upcoming quarters, it’s essential to understand the factors contributing to this decline and whether there are any potential upsides to this downward trend.
