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SCIC has initiated the sale of its entire stake in FPT Telecom (UPCoM: FOX), totaling over 370 million shares, as part of the transfer of state capital management to the Ministry of Public Security. This move comes as FPT Telecom continues to set new quarterly profit records and maintains a substantial cash reserve, accounting for more than half of its total assets.

As the trading session closed on October 28, 2025, the market witnessed 138 stocks advancing, 76 declining, and 39 remaining unchanged. Foreign investors continued their net selling streak, offloading a total of VND 1.17 billion worth of shares.

In recent months, amidst the sideways trend of the stock market and the decline in traditionally favored sectors like banking and securities, the profitability of equity investment funds has significantly diminished compared to previous periods.