Vietnam public security ministry takes state stake in FPT Telecom

Vietnam’s public security ministry takes over state stake in FPT Telecom

VnEconomy

“The transfer was aimed at strengthening the [Ministry of Public Security’s] capacity to fulfil its tasks related to national security protection and maintaining social order and safety, especially in the areas of cybersecurity, information security, and specialized telecommunications.”

“Major General Pham Truong Giang, director of the ministry’s Financial Planning Department, reaffirmed that the transfer adheres to the Party and state’s guidelines to enhance the operational efficiency of state-owned enterprises and to better meet the evolving demands of the ministry in the future.”

https://en.vneconomy.vn/ministry-of-public-security-takes-over-state-stake-in-fpt-telecom.htm

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