80 percent of State-owned economic groups earn profits Business

80 percent of State-owned economic groups earn profits

Up to 80 percent of the 19 State-owned economic groups and corporations under the management of the Committee for Management of State Capital at Enterprises (CMSC) earned profits in the first half of this year, fulfilling more than half of their yearly targets, according to the committee.
Vietnam, Cuba discuss reform of SOEs Business

Vietnam, Cuba discuss reform of SOEs

A two-day seminar discussing the role of State-owned enterprise (SOEs) reform in socio-economic development opened in Hanoi on April 17, as part of the Vietnam-Cuba friendly cooperation framework.
Chairman of Quang Ninh thermal power company arrested Society

Chairman of Quang Ninh thermal power company arrested

The police investigation agency of the northern province of Quang Ninh on March 25 arrested Le Duy Hanh, chairman of the board of directors of Quang Ninh Thermal Power Joint Stock Company, serving their investigations into his alleged abuse of power.
MoIT to transfer five enterprises to SCIC in Q1 Business

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.
SCIC, Viettel sell their stakes in Vinaconex Business

SCIC, Viettel sell their stakes in Vinaconex

The State Capital Investment Corporation (SCIC) on November 22 sold its complete ownership in the Vietnam Construction and Import-Export JSC (Vinaconex) for 7.36 trillion VND (327.4 million USD).