HCMC – FPT Corporation has signed a memorandum of understanding (MOU) with Israel’s Cymotive Technologies to collaborate on automotive cybersecurity.
The agreement aims to integrate Cymotive’s cybersecurity solutions with FPT’s automotive client base. The partnership will also involve joint development of advanced cybersecurity solutions for software-defined vehicles (SDVs).
Nguyen Duc Kinh, CEO of FPT Automotive, said the collaboration would enhance FPT’s capabilities in the evolving automotive industry, which relies increasingly on software.
Tamir Bechor, co-founder of Cymotive, said that the partnership would accelerate the growth of cybersecurity for connected mobility and that it would help enhance vehicle safety and advance SDV innovation.
Automotive technology is a strategic focus for FPT. The company established a dedicated automotive subsidiary in 2023. FPT currently employs 5,000 automotive software engineers globally and has alliances with chipmakers, tier-1 suppliers, and OEMs.
Closing the trading session today, June 3, FPT edged up by 1.12% to VND117,400, with a trading volume of nearly 3.4 million shares.
The VN-Index added 10.95 points, or 0.82%, to close at 1,347.25 points, with 195 winners and 119 losers.
Trading volume on the Hochiminh Stock Exchange reached over 1.16 billion shares worth VND25.7 trillion, up by 20% in volume and 23% in value against the previous session. Block deals contributed over 79.5 million units valued at VND1.77 trillion.
Blue-chip stocks largely drove market sentiment, with 26 stocks in the VN30 basket advancing, though most saw moderate increases. SSI led the gains with a 3.4% increase to VND24,500, with over 58.5 million units traded. It was the third most actively traded stock on the market
Following SSI, TCB and MWG advanced more than 2% to VND31,600 and VND62,400, respectively. Other bluechips saw gains ranging from 1.5% to nearly 2%. Lender SHB stole the limelight with a significant trading volume of over 95.2 million units, the highest on the exchange.
The securities sector also saw notable activity, attracting strong cash flow throughout the day. By the end of the session, several brokerage stocks extended their gains and recorded high trading volumes.
VND was a highlight, hitting its ceiling price of VND17,450. Over 73.3 million VND shares were traded, making it the second most actively traded stock.
On the Hanoi Stock Exchange, the HNX-Index also staged a strong recovery in the afternoon session, easing only slightly towards the close.
The HNX closed with 86 stocks rising and 55 others declining, pushing the HNX-Index up 2.77 points, or 1.22%, to 228.94 points. Total matching volume on the northern market reached over 143.6 million units worth a total of VND2.6 trillion.
