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.
CMSC buys 165 million shares of Vietnam Airlines Business

CMSC buys 165 million shares of Vietnam Airlines

The Commission for the Management of State Capital at Enterprises (CMSC) has bought nearly 165 million shares of the national flag carrier Vietnam Airlines, bringing its total stake to more than 1.22 billion shares, according to the Hanoi Stock Exchange.
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).
SOE equitisation, divestment fall short of target: Ministry Business

SOE equitisation, divestment fall short of target: Ministry

Only 11 State-owned enterprises (SOEs) were equitised in the first nine months of this year, making the country’s target to complete the equitisation of at least 85 SOEs this year unlikely to reach, according to an official from the Ministry of Finance (MoF).