Prime Minister Nguyen Xuan Phuc has approved a plan to equitise the State-run Vietnam Urban and Industrial Zone Development Investment Corporation which has chartered capital of 132 million USD.
Some 142 billion VND (6.2 million USD) was raised through four auctions on the Hanoi Stock Exchange (HNX) of state-owned enterprises selling shares from businesses in their non-core areas in April.
The State Capital Investment Corporation (SCIC) has announced that in the first quarter of 2017, it recorded 639 billion VND (28.1 million USD) in revenue, 584 billion VND (25.7 million USD) in pre-tax profit and 503 billion VND (22.1 million USD) in post-tax profit.
The State Capital Investment Corporation (SCIC) on March 29 introduced two publications on corporate governance for the benefit of its representatives in State-owned companies.
The State Capital Investment Corporation (SCIC) recently announced its report for 2016 and plans for 2017, in which it claimed to have nearly doubled its 2015 post-tax income.
The State Capital Investment Corporation (SCIC) announced its final price for 9 percent of shares in the Vietnam Dairy Products Joint Stock Company (Vinamilk) at 144,000 VND per share (6.32 USD).
Vietnam’s State Capital Investment Corporation (SCIC) will auction a 9 percent stake in the Vietnam Dairy Products JSC (Vinamilk) in a public auction next month.
The State Capital Investment Corporation has selected a group of consultants led by Morgan Stanley Asia Limited for the sale of 9% of charter capital of Vinamilk.
The Ministry of Transport (MoT) is pushing forward with the restructuring of State-owned enterprises (SOEs) in the sector, with two trillion VND of State capital divested in nine months.
Dang Quyet Tien, Deputy Director of the Agency for Corporate Finance told the press on September 14 that the divestment of State capital at Vinamilk will be carried out this year.
Leaders of the southern province of Dong Nai have asked for the Government’s permission to use 1 trillion VND (44.76 million USD) from the SCIC to build two resettlement areas.
The Ministry of Transport divested from several companies following Government directives, gaining more than 2 trillion VND (88.9 million USD) during the first half of this year.
State-owned enterprises sold shares worth more than 2.08 trillion VND (93.2 million USD) in book value for 4.17 trillion VND (186.3 million USD) in the first five months of 2016.
The Vietnam Diary Products Joint Stock Company (Vinamilk) will remove the maximum foreign ownership limit of its shares, Chairwoman of Vinamilk’s board of directors Le Bang Tam has said.
Deputy Prime Minister Vuong Dinh Hue urged the State Capital Investment Corporation (SCIC) to strengthen operations for more effective use of State assets on April 26.
A delegation from Vietnam’s State Capital Investment Corporation (SCIC) and about 30 Russian businesses participated in a workshop in Russia on March 29 to study investment opportunities.
Vietnam's State Capital Investment Corporation (SCIC) and Russian VTB Group signed a Memorandum of Understanding (MoU), which will allow both companies to expand investment between the two countries.
The State Capital Investment Corporation (SCIC) divested State capital from 120 businesses in 2015, earning 94.49 trillion VND (200.17 mln USD) from a book value of 1.68 trillion VND (74.9 mln USD).
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