State capital management firm prepares four divestments

State capital management firm prepares four divestments

State Capital Investment Corporation (SCIC), which manages and invests state capital in enterprises, will organize four auctions this month to sell part of its stakes in four companies.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

SCIC to become investment entity with leading equity in Vietnam

SCIC to become investment entity with leading equity in Vietnam

The State Capital Investment Corporation (SCIC), which manages and invests state capital in enterprises, should become the top financial investment organization with leading equity scale in Vietnam after 2025.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

State investment firm about to divest from 73 companies in Vietnam

State investment firm about to divest from 73 companies in Vietnam

Vietnam's State Capital Investment Corporation (SCIC), which manages and invests state capital in enterprises, announced it would divest from 73 businesses in its first phase for 2023.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

State investment firm estimates profit 86% higher than year target

State investment firm estimates profit 86% higher than year target

Vietnam's State Capital Investment Corporation (SCIC), which manages and invests state capital in enterprises, has estimated a pre-tax profit of VND6,661 billion ($283 million) in 2022, 86% higher than the year target.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

State capital investment company records $141 mln in H1 profit

State capital investment company records $141 mln in H1 profit

Vietnam's State Capital Investment Corporation, which manages and invests state capital in enterprises, reported an after-tax profit of VND3,310 billion ($141 million) in the first half of 2022, down 42% year-on-year and fulfilling 92% of the year's profit plan.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7