The decline in stock prices caused FPT 's market capitalization to "evaporate" sharply. On the contrary, VIC's growth has brought Vingroup back to the top 1 private enterprise position on the stock exchange.
FPT is the largest technology company on the stock exchange - Photo: FPT
At the end of the trading session on March 14, the market price of Vingroup 's VIC code continued to increase by 1.6%, to VND52,200/share. The positive increase in Vingroup 's shares has continued in recent sessions.
After 1 month, VIC stock price has increased by 30%. Vingroup's market capitalization on the stock market has skyrocketed to nearly 200,000 billion VND. At the end of February this year, the group's capitalization was just over 150,000 billion VND.
According to the ranking announced by the Ho Chi Minh City Stock Exchange (HoSE), VIC ranked 9th in the top listed companies with the largest market capitalization at the end of February 2025. This list includes state-owned banks such as Vietcombank, BIDV, and Vietinbank.
If only counting private enterprises, VIC ranks 6th, after a series of names such as FPT, Techcombank, Hoa Phat, Vinhomes, GAS.
Not only VIC, other stocks of the Vingroup family such as VHM of Vinhomes and VRE of Vincom Retail have also increased strongly in price recently.
Of which, VHM has increased its market value by nearly 24% in the past month. VHM's market capitalization has also reached nearly 197,000 billion VND, surpassing FPT.
On the other hand, FPT - the largest technology corporation in Vietnam, which is the top 1 private enterprise with the largest capitalization on the HoSE floor - has just lost its position to VIC.
In today's session, FPT continued to lose another 3.7% of its market value, to VND131,400/share. Over the past month, this code has lost nearly 10%. Previously, shares of Mr. Truong Gia Binh's group had broken the peak 41 times with an increase of 70% last year.
Along with the stock price drop, FPT Corporation's capitalization has dropped to over VND193,200 billion, down VND13,000 billion since the beginning of March. Shareholders' assets have also "evaporated" somewhat. In particular, Mr. Truong Gia Binh's assets on the stock exchange have decreased by more than VND500 billion in one session.
Source: https://tuoitre.vn/fpt-mat-vi-tri-doanh-nghiep-tu-nhan-so-1-san-chung-khoan-viet-nam-vao-tay-vingroup-20250314182530519.htm
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