FILE PHOTO: The FPT Headquarters is pictured in Hanoi, Vietnam, July 15, 2023. REUTERS/Thinh Nguyen/File Photo
HANOI (Reuters) -A majority stake in Vietnam's FPT Telecom, one of the country's largest internet providers, has been transferred to the Ministry of Public Security from a state-run investment corporation in an effort to boost national cybersecurity, the ministry said on Wednesday.
Vietnam's State Capital Investment Corporation previously held 50.17% of FPT Telecom, while FPT Corp, Vietnam's largest private tech company, had a 45.66% stake but retained control of the unit, according to FPT Telecom's financial statements for last year.
