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FPT partners with Taiwan firm to boost high-tech development

The Saigon Times

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HCMC – FPT Corporation (HOSE: FPT) has signed a memorandum of understanding with FCC Partners Inc. (FCCP), a leading financial consulting firm from Taiwan, to foster comprehensive development in the high-tech sector.

The signing ceremony was held in Hanoi on August 8, with the attendance of CY Huang, president of FCCP, and Truong Gia Binh, chairman of FPT Corporation, and other leaders from both parties.

The two parties will work closely to establish an investment fund for Vietnam’s semiconductor industry development. It aims to develop human resources, attract foreign investment, support startups, and drive innovation, thereby expediting the growth of the semiconductor industry in Vietnam.

FCC Partners will help introduce potential partners and clients to support FPT Software in Taiwan. They will also connect FPT Education with universities in Taiwan, creating opportunities for joint educational and workforce training initiatives.

This partnership represents a major milestone in the relationship between FCC Partners and FPT Group. It is expected to open up new opportunities for collaboration and boost the growth of the high-tech industry in Vietnam.

Closing the trading session today, August 9, FPT jumped by 4.53% against yesterday to VND126,900 per share, with nearly 5.5 million shares changing hands.

On the southern bourse, the VN-Index added 15.32 points, or 1.27%, against the previous day, at 1,223.64 points, with winners outnumbering losers by 329 to 86.

There were 586.6 million shares worth VND14.3 trillion traded on the bourse, down by 22.67% in volume and 14.73% in value compared to yesterday’s session. Block deal transactions contributed VND1.5 trillion to the overall value.

Blue-chip stocks were main drivers of the market as the VN30-Index increased by 21.5 points, with 25 stocks advancing, four declining, and one moving sideways. Among those, the stocks related to Vingroup, namely VIC, VHM, and VRE, underperformed as they dropped by 1.4%, 1.1%, and 0.8% day-on-day, respectively.

Meanwhile, MWG soared by 5.1% versus the day earlier to VND65,600 per share, with around 17.52 million shares traded.

On the northern market, HNX-Index rose by 2.65 points, or 1.17%, against the previous session, at 229.38 points, with 108 advancers and 49 decliners. The total trading volume reached 50.13 million shares valued at VND986.3 billion.

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