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
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
Revenue of 19 state-run groups, corporations equal to 20% of Vietnam GDP
Nineteen business groups and corporations under Vietnam's Commission for the Management of State Capital at Enterprises (CMSC) reported revenue of nearly $82 billion last year, equivalent to 20% of Vietnam’s GDP.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
State to further divest from building material producer Viglacera
Viglacera, Vietnam's leading producer of building materials, is mulling over schemes to sell state capital on June 30.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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
19 SOEs see H1 state budget contribution up 8%
Nineteen state-owned enterprises under the Commission for the Management of State Capital at Enterprises (CMSC) paid about VND31.9 trillion (over $1.36 billion) to the state budget in this year’s first half, up 8% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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CIMB Bank Vietnam posts $3.4 mln loss in 2023
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With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
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$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
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Berjaya Vietnam CEO and his business portfolio
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Vietnam-China joint venture to build $800 mln automobile factory