State capital withdrawal from Vinaconex brings VND9.37 trillion

State capital withdrawal from Vinaconex brings VND9.37 trillion

State Capital Investment Corporation (SCIC) and Military-run telecommunications company Viettel successfully sold over VND348.91 million shares from Vietnam Construction and Import-Export Joint Stock Corporation (VINACONEX) at the auction session on November 22.

SCIC profit strongly increases in 2017

SCIC profit strongly increases in 2017

State Capital Investment Corporation (SCIC)’s pre-tax an after-tax profit was expected to hit VND6,616 billion (US$291.21 million) and VND6,313 billion last year, accounting for over 133 percent and nearly 136 percent of the year plan.
Suit making for export at Nha Be Garment Company (Photo: SGGP)

State capital investor must divest from 85 SOEs

Leaders of State Capital Investment Corporation (SCIC) has said that the company had withdrawn state capital from 30 of 115 state own enterprises according this year plan, so it had to divest from 85 companies in the rest two months this year.
Vinamilk’s grass for cattle feed which meets organic standards and contains no chemicals in the southern province of Lam Dong’s Don Duong District. (Photo: VNA/VNS)

SCIC to auction 3.33% of Vinamilk stake next month

Vietnam’s sovereign fund State Capital Investment Corporation (SCIC) will sell 3.33 percent of the State’s capital in Vietnam Dairy Products Joint Stock Company (Vinamilk) on November 10 this year, the SCIC announced on Monday.
 
A fresh milk production line of Vinamilk

Vinamilk share's starting price set at VND154,000

With the starting price of VND154,000 per share, State Capital and Investment Corporation (SCIC) will get VND7.4 trillion (US$326 million) from 3.33 percent state capital withdrawal, expected in October, from Vietnam Dairy Products Joint Stock Company (Vinamilk).
Investors at Vietcombank stock exchange (Source: VNA)

SCIC to divest 3.33 percent stake in Vinamilk

The State Capital Investment Corporation (SCIC) will sell 48.33 million shares or 3.33 percent of its stake in the Vietnam Dairy Products JSC (Vinamilk) in October, SCIC Chairman Nguyen Duc Chi said.