SCIC

Update news SCIC

$1 billion milestone within reach for Vietnamese businesses

VietNamNet Bridge - In South East Asia, a business with capitalization value of $1 billion, or VND22.4 trillion, would be listed as a medium-size company. However, for Vietnamese, $1 billion is considered a milestone for many businesses.

Will Vietnamese buy milk at phone shops?

VietNamNet Bridge - The cooperation between FPT, the nation’s largest information technology group, and Vinamilk, the nation’s biggest dairy producer, has raised the public's curiosity.

A town rich in VND billionaires

VietNamNet Bridge - All 600 cow farming households in Moc Chau Town are dong billionaires, with an average income of VND35-40 million a month. Some can earn VND200 million a month.

Vietnamese businesses prefer not to list on domestic bourse

VietNamNet Bridge - The Vietnamese stock market lacks attractive shares which could be valuable assets for investors, such as Vinamilk shares.

Will Vietnam decide to use "golden share" to protect company brands?

VietNamNet Bridge - The government is striving to receive the best prices and protect Vietnamese brands as it implements its plan of divesting itself from big state-owned enterprises. 

Gov’t to stop acting as guarantor for state-owned enterprise loans

In an effort to ensure public debt security, the Prime Minister has decided that from 2017, the government will temporarily stop acting as a guarantor for state-owned enterprises (SOEs) that borrow money.

Thai groups eager to purchase shares of 12 big SOEs in Vietnam

Thai groups are waiting for the Government of Vietnam’s implementation of a plan to divest itself from 12 major State-owned enterprises, especially those operating in the fields of drinks and construction materials, Nikkei Asian Review reports. 

Which firms bring the most money in the state’s divestment campaign?

VietNamNet Bridge - The 10 biggest state disinvestment deals in the first eight months of the year brought VND7.222 trillion, double the figure in 2015.

Who has enough money to buy Vietnam's beer and milk giants?

VietNamNet Bridge - The sale of Sabeco, the largest beer manufacturer, and Vinamilk, the largest dairy producer, is expected to bring great opportunities to foreign investors.

Vietnam warned it may lose strong national brands after selling SOEs

VietNamNet Bridge - Prime Minister Nguyen Xuan Phuc has instructed state management agencies to protect strong national brands, including Habeco, Sabeco and Vinamilk, after the state sells its stakes in the enterprises.

What will happen when the state divests from Habeco and Sabeco?

Some analysts think the Vietnamese beer market will be flooded with foreign brands that will try to buy the shares of beer makers Habeco and Sabeco after the state divests from the companies as planned.

State sets short deadline to divest from beer giants

The state plans to complete the divestment from Saigon Beer, Alcohol and Beverage JSC (Sabeco) and Hanoi Beer, Alcohol and Beverage JSC (Habeco) within 16 months.

Marketing war among breweries breaks out

VietNamNet Bridge - In Vietnam, South East Asia's largest market, brewers spend hundreds of billions of dong to hire promotion girls to serve marketing campaigns.

VN could receive $10 billion from sale of 20 SOEs

VietNamNet Bridge - Experts have urged the State to sell 20 of its businesses, saying that the State budget would have $10 billion from the sale.

Governing bodies in no hurry to sell stakes in big conglomerates

VietNamNet Bridge - While investors have become impatient about the state capital disinvestment process, the State Capital Investment Corporation (SCIC) and governing bodies have remained quiet.

Why doesn’t Industry Ministry let Sabeco go?

VietNamNet Bridge - Sabeco was equitized eight years ago, but the Ministry of Industry and Trade (MOIT) still has not transferred the brewery to the State Capital Investment Corporation (SCIC).

SCIC sells many businesses, but keeps the most profitable

VietNamNet Bridge - The State Capital Investment Corporation (SCIC) has announced a plan to sell stakes in 120 businesses in 2016. However, the list does not include the names most wanted by investors.

Why are investors attracted to Sabeco?

ThaiBev has been chasing Sabeco’s stakes for a few years. More than 10 investors have registered to buy Sabeco’s shares. Why are investors so interested in the Vietnamese beer manufacturer?

Instead of local Sabeco beer, will Vietnamese choose beer from Thailand?

The State is considering selling 53 percent of its stake in Sabeco, the largest domestic brewery in Vietnam. ThaiBev owned by Thai billionaire Charoen Sirivadhanabhakdi may not stay out of this lucrative business. 

Investors told not to expect SCIC to divest from pharmacy firms

Leading pharmacy firms such as Hau Giang Pharmacy, Domesco and Traphaco have not been included on the list of enterprises that the State Capital Investment Corporation (SCIC) plans to divest from in at least three years.