FPT Breaks Ground on VND1,311B Digital Tech Building in Hanoi

Overview

FPT Corporation (HOSE: FPT) began construction on Tòa nhà Công nghệ số 01, a VND1,311 billion digital technology building in the Phú Diễn and Tây Tựu wards of Hà Nội, on 15 October 2026. The building is the first component of the larger FPT Digital Technology Park, a 194.3-hectare master project. Separately, Sacom Crypto Asset Exchange (SCEX) doubled its charter capital from VND5,000 billion to VND10,000 billion, bringing combined commitments in technology infrastructure and digital-asset trading to more than VND11,300 billion over two days.

Key Facts

• FPT’s Tòa nhà Công nghệ số 01 carries total investment of more than VND1,311 billion.
• The building covers a construction area of 17,217 m2, with 7 above-ground floors, 1 basement and 1 rooftop level, and nearly 69,832 m2 of floor area.
• Completion is targeted within 12 months of construction start, with capacity for about 6,000 digital technology specialists and support staff.
• The wider FPT Digital Technology Park spans 194.3 hectares, of which 58.5 hectares is the concentrated digital technology zone, and is planned to host roughly 75,000 personnel at full operation.
• SCEX raised its charter capital from VND5,000 billion to VND10,000 billion, filed on the national business registration portal on 14 October 2026.
• SCEX was formerly Lộc Phát Việt Nam Crypto Asset Exchange (LPEX), established in September 2025.
• FPT shares closed at VND58,200 on 16 October 2026.

What Happened

According to the company’s announcement, FPT Group officially broke ground on the Tòa nhà Công nghệ số 01 on the morning of 15 October 2026. Nguyễn Văn Khoa, General Director of FPT Group, said the project responds to Resolution 57-NQ/TW on developing science, technology and digital transformation, and is intended to turn the Tây Tựu – Phú Diễn area into a hub linking research and workforce training directly with production and the market. The building is described as the first brick of the broader FPT Digital Technology Park, whose overall construction began earlier in 2026.

A day earlier, on 14 October 2026, SCEX disclosed on the national business registration portal that it had completed a doubling of charter capital to VND10,000 billion. The article frames that capital level as a prerequisite for participating in Vietnam’s licensed crypto-asset trading market, where a limited number of exchange licences are expected. SCEX traces its origins to LPEX, established in September 2025, and is led by Nguyễn Duy Khoa.

Market Context

FPT is listed on the HOSE and closed at VND58,200 on 16 October 2026. The article notes that FPT shares have repeatedly probed recent lows, and that at least one investment fund exited PNJ after a 58% decline while retaining its position in FPT. The two announcements sit within a broader shift in Vietnam’s technology investment cycle, from small software funding rounds of a few million USD toward infrastructure and digital financial institution plays requiring trillion-dong capital. The source does not disclose SCEX’s shareholder register or the identity of its new capital contributors.

Strategic Significance

For FPT, the park is a long-duration bet on Vietnam’s semiconductor, software and digital talent supply rather than a near-term earnings driver. Concentrating 75,000 workers across 194.3 hectares lowers the marginal cost of recruiting and retaining specialised engineers, which matters as FPT competes for the same talent pool as Samsung, Intel and domestic peers expanding in the north. The SCEX capital increase is a separate signal: licensing rules for digital-asset exchanges appear to be pushing entrants toward a VND10,000 billion capital floor, which would concentrate the market among a small number of well-capitalised, bank- or conglomerate-backed players. FPT’s exposure to that theme is indirect, through its technology and digital infrastructure franchise rather than through exchange ownership.

What to Watch

• FPT’s Q3 2026 earnings release, for commentary on the park’s capital expenditure schedule and any impact on free cash flow.
• Confirmation of the 12-month construction timeline for Tòa nhà Công nghệ số 01 and any subsequent building starts within the 194.3-hectare master plan.
• The Ministry of Finance’s licensing decisions on digital-asset exchanges and whether the VND10,000 billion capital level becomes a formal requirement.
• SCEX’s shareholder structure and any disclosed link to Sacombank or other listed financial institutions.
• FPT’s recruitment disclosures, including the previously reported plan to hire more than 500 engineers for its new overseas office.