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Update news SCIC
VietNamNet Bridge – The State Capital Investment Corporation has announced it is considering completing divestitures at 290 state-owned enterprises valued at VND1.3 trillion ($62.8 million) this year.
VietNamNet Bridge – The State Capital Investment Corporation (SCIC), in a recent report on its operation in this year’s first half, said that it encountered many difficulties in receiving, selling and transferring State stakes.
VietNamNet Bridge – The chartered capital of the State Capital Investment Corporation (SCIC) will be raised to VND50 trillion, but it is not clear whether the organisation will succeed, analysts say.
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VietNamNet Bridge – The State Capital Investment Corporation (SCIC) and Debt and Asset Trading Corporation (DATC) will join hands to help restructure Viet Nam Shipbuilding Industry Group (Vinashin).
Big enterprises have been following in each others’ footsteps in launching ESOP – employee stock ownership plans – to increase their capital, bring more benefits to shareholders and retain workers.
If another state’s capital management company which would compete with the existing State Capital Investment Corporation (SCIC) is set up as suggested, SCIC would no longer obtain advantage.
If the State Capital Investment Corporation (SCIC) only does the simple work of depositing the state’s money at banks for profit, it would be better for it to get dissolved.
Holding a huge asset of the state, contributing capital into many big enterprises and considered the biggest and most powerful investor in Vietnam, the State Capital Investment Corporation (SCIC) has been playing a very dim role in the businesses.
Deposit interests and dividends were the two main sources of income for the State Capital Investment Corporation (SCIC).
Efforts by State-owned groups and corporations to withdraw from non-core businesses may be given a boost if the Prime Minister approves a proposal by the State Capital Investment Corporation to acquire such stakes.
A question has been raised on how the SCIC’s fate would be if one day, it has to abandon Vinamilk shares?
The State Capital Investment Corporation (SCIC) has reported an impressive business result for 2012. However, experts still can see big problems of the state’s super-power.
The Vietnam Association of Financial Investors (VAFI) has sent a document to the Prime Minister, suggesting solutions to unfreeze the local property market, whereas economists said the market should not be intervened in.