FPT shareholders expressed significant concern at the annual general meeting on 16/4 regarding the company's stock price, which has seen a continuous decline over the past year. This drop occurred while the overall market gained approximately 600 points. As of the close of trading, FPT's market price was over 74,000 dong per unit, representing a nearly 20% decrease since mid-April last year. Responding to a record number of attendees, Nguyen The Phuong, FPT's deputy CEO, attributed the stock's performance to global trends.

Phuong explained that investors have re-evaluated valuations for information technology service companies due to concerns about the impact of artificial intelligence (AI). He highlighted that many major technology firms, including Infosys, Tata Consultancy Services, and Accenture, experienced a 40% decrease in market capitalization, comparable to FPT's adjustment. "This reflects the caution of global investors regarding the significant changes brought about by AI", Phuong stated.

Nguyen The Phuong, FPT's deputy CEO, speaks at the annual general meeting on 16/4. Photo: FPT

In this context, Phuong shared that FPT has undertaken many efforts to stabilize the current situation. These efforts prioritize sustainable growth and ensuring employment for employees. Evidence of this commitment includes continued personnel growth in FPT Software's global technology services segment in Quarter I, indicating an upward trend in worldwide demand for this sector.

Additionally, the company is intensifying communication efforts to help investors better understand FPT's direction, strategy, and long-term prospects. For more specific measures, the board of directors will consider stock buybacks in the near future, contingent on ensuring shareholder interests and suitable market conditions.

Truong Gia Binh, FPT's Chairman, also expressed sympathy with shareholders over the substantial stock price drop, despite the market's upward trend. Binh noted that international organizations acknowledge few companies maintain continuous double-digit growth rates for 10 years like FPT, leading to higher growth expectations for the company. However, FPT's Chairman remains confident in the group's long-term prospects. "In the next 5-10 years, FPT can master the nation's core technologies, rising to stand alongside leading global corporations in digital transformation and AI", Binh said.

Truong Gia Binh, FPT's Chairman, speaks at the annual general meeting on 16/4. Photo: FPT

For 2026, FPT targets revenue of 58,580 billion dong and pre-tax profit of 11,629 billion dong, an improvement of about 15% compared to 2025 results, partly due to a change in accounting methods for FPT Telecom. However, the group's growth momentum this year is projected to slow compared to the 18-20% increase seen over the previous 5 years.

Nguyen Van Khoa, FPT's CEO, assessed this year as a challenging period due to continuous global geopolitical instability, which impacts the macro-economy. Despite this, he considers this year's plan positive given the prevailing circumstances. Khoa stated that if conditions become less favorable, the company will adjust its business plan accordingly. He affirmed the group's proactive approach to market changes. "We view facing market fluctuations as daily exercise", Khoa remarked.

Trong Hieu