Vietnam's public security ministry aims to take majority stake in internet firm, document shows


FILE PHOTO: Flag of FPT (L) is seen next to Vietnamese national flag outside FPT's headquarters in Hanoi December 24, 2012. REUTERS/Kham/File Photo

HANOI (Reuters) - Vietnam's Ministry of Public Security plans to take a majority stake in FPT Telecom, one of the country's largest internet providers, as part of its efforts to boost national cybersecurity, according to a document seen by Reuters.

The ministry, which oversees the police, has become increasingly involved in Vietnam's internet and telecoms sector. It took control of the country's third-largest telecoms operator, MobiFone, last year and also spearheaded a tightening of data protection rules that has caused concerns among foreign tech firms.

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