MoIT transfers ownership of two major industrial corporations to SCIC

Tuesday, Dec 30, 2025

The transfer involved the Machinery and Industrial Equipment Corporation (MIE) and Vietnam Industrial Construction Corporation (VINAINCON), with nearly VNĐ1.9 trillion in State capital transferred.

New policies to promote State capital divestment at SOEs

Monday, Dec 15, 2025

The finance ministry proposes flexible pricing and block sales to accelerate State divestment, unlock stalled capital and revive nearly 40 hard-to-sell State-owned enterprises.

PM calls for ‘comprehensive plan’ to revive national flag carrier

Saturday, Feb 17, 2024

Prime Minister Phạm Minh Chính has urged agencies to develop a ‘comprehensive plan’ to tackle the financial challenges faced by lossmaking national flag carrier Vietnam Airlines.

SCIC has no plans to divest from large enterprises this year

Thursday, Jun 30, 2022

In 2022, State Capital Investment Corporation (SCIC) is expected to divest at 101 member companies.

SCIC posts lower profits due to affiliated company losses

Monday, May 23, 2022

The State Capital Investment Corporation (SCIC) posts high revenue but profits sank to 10-year low due to losses from its affiliated companies.

State to divest from six major enterprises, raking in $600-800 million in Q1 2022

Wednesday, Oct 06, 2021

The State Capital Investment Corporation (SCIC) is expected to divest capital from six major enterprises in the first quarter of next year, fetching between VND15 trillion and VND20 trillion (US$652-870 million) for the State budget.

SCIC reports $286 million in pre-tax profit for 2020

Saturday, Jan 16, 2021

The State Capital Investment Corporation (SCIC) announced on Thursday that its pre-tax profit increased 36 per cent in 2020 compared to the year prior, hitting an estimated VND6.58 trillion (around US$286 million).

SCIC fails to sell State capital in firms

Friday, Sep 25, 2020

Recent attempts by the State Capital Investment Corporation (SCIC) to sell State capital have been unsuccessful as no investors showed interest in buying shares.

SCIC aims to disburse annual investment up to VND16 trillion

Thursday, Jun 11, 2020

SCIC general director Nguyen Chi Thanh said this is the SCIC''s investment strategy for 2020-25 and toward 2035 to complete its goal of becoming the Government’s strategic investor.

State investment agency aims to sell stake in Hai Phong Thermal Power this month

Friday, Apr 03, 2020

The initial price of each share (HND) will be VND26,000 (US$1.09), which means SCIC could expect to receive a minimum of VND1.17 trillion.

SCIC to sell all shares of Cienco 5

Wednesday, Mar 04, 2020

The State Capital Investment Corporation (SCIC) plans to divest from Civil Engineering Construction Corporation No 5 (Cienco 5) on March 20.

SCIC plans higher revenue and profit

Friday, Feb 28, 2020

The State Capital Investment Corporation (SCIC) plans to achieve revenue of more than VND6.9 trillion (US$298.5 billion) this year.

SCIC plans to divest from Hai Phong Thermal Power

Wednesday, Jan 15, 2020

The State Capital Investment Corporation (SCIC) plans to divest from Hai Phong Thermal Power Joint Stock Company (HND) in the first quarter of this year.

SCIC to sell all shares in thermal power firm

Monday, Nov 18, 2019

The State Capital Investment Corporation (SCIC) wants to sell all of its 51.4 million shares in Quang Ninh Thermal Power JSC.

SCIC to auction nearly 53 per cent of An Giang Port's capital

Monday, Oct 14, 2019

The State Capital Investment Corporation (SCIC) will put up more than 7.3 million shares of An Giang Port Joint Stock Company (CAG) for public auction on the Ho Chi Minh Stock Exchange on October 30.