SCIC

Update news SCIC

530 SOEs equitized in the last five years

VietNamNet Bridge - The list of SOEs (state owned enterprises ) subject to equitization is long with many well-known names. 

20 foreign giants eye stake in Vietnam’s PV Oil

Nineteen companies have registered to buy a stake in PV Oil to become strategic shareholders when PV Oil launches its IPO, slated for early next year, according to a representative from PV Oil. 

Will Vietnam’s brewery industry be swallowed by foreign firms?

VietNamNet Bridge - A lucrative beer market with expected high growth rates is the driving force for foreign investors to acquire a stake in Sabeco, the largest Vietnamese brewer.

What will foreign investors do with strong Vietnamese brands?

VietNamNet Bridge - Analysts have warned that strong brands may disappear once foreign investors buy into Vietnamese companies.

Banks divesting shares to clear cross-ownership status

Many divestment deals have been made by commercial banks this month. Most of the businesses in which banks have withdrawn capital have made only modest profits and have had unsatisfactory business results.

Big players to enter bourse soon, changing the game

VietNamNet Bridge - Many shares will be put into transactions on the bourse soon, but analysts believe they will sell out as investors are more than ready to buy.

Lifting of foreign-ownership ceiling pushes share prices up

VietNamNet Bridge - The decision by Vietnamese businesses to increase the cap for foreign ownership is expected to increase share prices.

Businesses with extra cash: what to do with all of it?

After concluding successful transactions, large conglomerates now have trillions of dong in their coffers. And they have to think about how to use the money.

Will brewer brands fall into foreign hands?

VietNamNet Bridge - Foreign investors have shown their intention to buy a stake in Habeco and Sabeco, but Vietnamese experts say that local buyers should protect the two brands.

Foreign investors register $1.2 billion for piece in VPBank

The capital volume registered by foreign investors to acquire Vietnam Prosperity Joint Stock Commercial Bank (VPBank)’s shares reached a record $1.2 billion, marking the largest transaction on the stock exchange to date. 

Ministries discuss selling Trang Tien Plaza to private investors

The Ministry of Industry and Trade (MOIT) wants to sell all the state capital in Trang Tien Plaza, while  the State Capital Invetsment Corporation (SCIC) and the Ministry of Finance (MOF) want to retain 51 percent of capital.

SCIC’s divestment plan still up in the air

VietNamNet Bridge - Rapid-fire news about state divestment from 10 profitable state-owned enterprises emerged in 2016, but no further news has been reported this year.

VN Government to divest from some big banks & corporations in 2016-2020

VietNamNet Bridge - The Prime Minister’s newly released decision on the divestment plan in 2016-2020 includes many large corporations such as VNPT, MobiFone, Agribank and Vinacomin.

State to divest from successful businesses in Hanoi

VietNamNet Bridge - The government has released a list of 19 enterprises in Hanoi and the proportion of the state’s ownership stake in them.

Big conglomerates emerge after 10 years of hiding

VietNamNet Bridge - Soon after listing their shares on the bourse after many years of hiding, a number of multi-billion dollar conglomerates quickly became ‘pillars’ in the stock market.

Vietnamese beer market big enough for all brewers

VietNamNet Bridge - Beer companies have been prospering in Vietnam, a large market with 90 million people and consumption of 3.8 billion liters of beer in 2016.

State-owned super-corporation to step up healthcare investments in 2017

Having collected hundreds of trillions from divestments of large corporations, the State Capital Investment Corporation (SCIC)  in using money for re-investments. But the direction it will take in 2017 will be different.    

CEOs, managers pocket billions of dong in Tet bonuses

Reports about ESOP (employee stock ownership plan) and Tet bonus programs from businesses show that those who have received the biggest bonuses were mid- and high-ranking managers.

What are the stock assets of the 10 richest Vietnamese women?

VietNamNet Bridge - The 10 richest women on the stock market have total assets worth VND19.301 trillion, accounting for 11.5 percent of total assets of the 500 richest Vietnamese billionaires.

Dairy shares sales sluggish, but brewery stocks are hot

While SCIC can sell only 60 percent of Vinamilk shares, the nation’s leading dairy producer, domestic investors are queuing up to buy shares of Sabeco, increasing the brewery’s share prices.