SCIC plans to sell State capital in 137 firms
Friday, April 14,2017AsemconnectVietnam - The State Capital Investment Corporation (SCIC) had plans to sell its entire capital in 137 State-owned enterprises from now until 2020.
"Of the total 137 target companies, we are finding it difficult to sell capital in 100 firms," SCIC chairman Nguyen Duc Chi told the Tien Phong (Pioneer) newspaper, adding that SCIC would do its upmost to solve the problem.
The five companies in which SCIC will sell its capital in the 2017-18 period are An Giang Stone Exploitation & Processing One Member Company, Trang Tien Trading Co., Ltd, Hoang Quan Appraisal Co., Ltd and the Publishing & Printing company under HCM City’s Publishing Association.
"There are three companies we would like to continue to retain and invest capital in -- SCIC Investment One Member Company Limited, which we established, Ha Giang Mineral and Mechanics Joint Stock Company and FPT Corporation," Chi said.
Regarding the handover process of State capital to SCIC, Chi said the Ministry of Planning and Investment and the Ministry of Finance had strongly supported them, but just 12 out of 63 enterprises had completed the process, while another 176 companies had yet to agree on the transfer.
SCIC, which was established in 2006, is currently managing State capital in over 500 enterprises, whose businesses range from financial services, energy, manufacturing and IT to telecommunications, transportation, consumer products and healthcare.
Source: Bizhub.vn
ABBANK (ABB) issuance shares, raising the charter capital to more than VND10,350 billion
HDBank (HDB) tobe approved to pay 15% stock dividend, increasing capital by nearly VND3,800 billion
Taseco Aviation Services (AST) expected to reach VND155 billion in 2023
ACB increased charter capital to VND38,840 billion
Yen Bai Minerals (YBM) aims to grow more than 10% in 2023
Vietnam Rubber Group (GVR): Profit expected to decrease by 10.3% to VND4,264 billion in 2023
SmartInvest Securities (AAS) received a license to issue shares with a dividend rate of 50%
Vietnam Electricity Construction (VNE) targets 2.4 times more profit after tax in 2023
In Q1/2023, Thuduc House (TDH) plans to make a profit in 2023 18 times higher than Q1/2022
Petrosetco (PET) continues to record profit in April 2023, down 12.1%, reaching VND18 billion
Petrovietnam (PVN) exploited 4.41 million tons of crude oil in the first 5 months
PVChem (PVC) poured VND60 billion to establish PVChem Industrial Technical Services Company
Nam Viet (ANV) expects profit to decrease by 35.4% to VND500 billion in 2023
Petrovietnam (PVN) exploited 4.41 million tons of crude oil in the first 5 months of 2023
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...