SCIC establishes separate investment arm

The State Capital Investment Corporation (SCIC) has established a new subsidiary - the SCIC Investment Co. Ltd. with an aim to limit the State’s exposure to investment risks.
The State Capital Investment Corporation (SCIC) has established a new subsidiary - the SCIC Investment Co. Ltd. with an aim to limit the State’s exposure to investment risks.

The company, capitalised at 1 trillion VND (47.6 million USD), will take advantage of SCIC capital resources to invest in shares, bonds, acquisitions and investment projects.-VNA

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