Cabinet discusses target programme for ethnic minority localities

Publishing house to divest capital from Tân Mai Group Tân Mai Group, formerly known as Việt Nam Paper Technology Company, was established in 1958 as a State-owned company.

SCIC asked to focus on key sectors Deputy Prime Minister Trương Hòa Bình has asked the State Capital Investment Corporation (SCIC) to focus its investments on key sectors of the economy to boost efficiency and contribute to socio-economic development.

Foreign capital to flow into non-life insurers on hopes of State divestment State divestment is expected to lure foreign investors into and lift Việt Nam’s non-life insurance market.

SCIC to sell all shares of Cienco 5 The State Capital Investment Corporation (SCIC) plans to divest from Civil Engineering Construction Corporation No 5 (Cienco 5) on March 20.

Ministries ask for permission to change SOE divestment plans Ministries are working to convince Prime Minister Nguyễn Xuân Phúc to amend divestment plans at some large State-owned enterprises (SOEs).

Vinacomin's subsidiary to divest from Nghe An-based non-ferrous company The Vinacomin – Minerals Holding Corporation (Vimico) is planning to sell nearly 2.4 million shares, worth over VNĐ23.6 billion (about US$1 million), in the Nghệ Tĩnh Non-ferrous Metal JSC.

State-owned Vinalines to divest capital from 13 firms in 2020 The State-owned Việt Nam National Shipping Lines (Vinalines) plans to divest capital from 13 member companies this year.

Investment funds make more stock purchase despite decling prices Although the novel coronavirus epidemic COVID-19 has been continuously slamming the stock market, sending stock prices down, many investment funds are still actively buying.

Vinaconex to gain $35.8 million from VCP shares

Vinaconex corporation has registered to divest all of its 16 million shares in Vinaconex Power Investment Construction and Development JSC.