Tags: scic

MoIT transfers State ownership in Sabeco to SCIC

MoIT transfers State ownership in Sabeco to SCIC

The Ministry of Industry and Trade (MoIT) late last week transferred the State ownership in Saigon Beer Alcohol Beverage Corp (Sabeco) to the State Capital Investment Corporation (SCIC).

Bottlenecks in SOE equitization need to be removed

Bottlenecks in SOE equitization need to be removed

VOV.VN - According to a plan approved by the Prime Minister, Vietnam must equitize 127 state-owned enterprises (SOE) during the 2017-2020 period. But to date, less than one third of the enterprises have been equitized. The question now is what to do to complete the plan on time?

MoIT to transfer five enterprises to SCIC in Q1

MoIT to transfer five enterprises to SCIC in Q1

The Ministry of Industry and Trade (MoIT) will transfer State capital ownership representative rights in five enterprises to the State Capital Investment Corporation (SCIC) in the first quarter of this year.

10 outstanding stock events in 2018

10 outstanding stock events in 2018

The following are the top 10 outstanding events for Vietnam’s stock market in 2018 as selected by the Securities Journalists Club.

SCIC, Viettel sell their stakes in Vinaconex

SCIC, Viettel sell their stakes in Vinaconex

The State Capital Investment Corporation (SCIC) sold its complete ownership in the Vietnam Construction and Import-Export JSC (Vinaconex) for VND7.36 trillion (US$327.4 million) on November 22.

Viettel, SCIC to sell all stakes in Vinaconex JSC

Viettel, SCIC to sell all stakes in Vinaconex JSC

Telecom giant Viettel and the State Capital Investment Corporation(SCIC) will auction off all their stakes in the Vietnam Construction and Import-Export JSC (Vinaconex), according to the Hanoi Stock Exchange (HNX).

Deputy Minister: CMSC aims to improve accountability for State capital use

Deputy Minister: CMSC aims to improve accountability for State capital use

The establishment of the Committee for Management of State Capital (CMSC) aims to improve accountability for the use and management of State capital in business operations, thereby preventing loss and wastefulness, Deputy Minister of Planning and Investment Le Quang Manh told a press conference in Hanoi on October 1.

State Audit helps make national financial sector healthier

State Audit helps make national financial sector healthier

The State Audit has shown strong performance in auditing the restructuring of State-owned enterprises (SOE) since it involved in the work in 2011, with better results through years, contributing to making the national financial sector healthier.

JC&C joins the race for Vinamilk

JC&C joins the race for Vinamilk

Singapore’s largest automotive group, Jardine Cycle & Carriage Limited Company (JC&C), announced plans to take up the competition with F&N Dairy Investment Pte., Ltd. for a stake in Vietnam Dairy Products JSC (Vinamilk) by registering to buy an additional 14.5 million shares through its Platinum Victory Pte., Ltd. investment fund.

SCIC to sell stakes in 121 firms for after-tax profit

SCIC to sell stakes in 121 firms for after-tax profit

The State Capital Investment Corporation (SCIC) said it would offload capital in 121 businesses in 2018 with a view to making after-tax profit of VND5.4 trillion (US$237.8 million), a 17% year-on-year decrease.