SCIC posts lower profits due to affiliated company losses The State Capital Investment Corporation (SCIC) posts high revenue but profits sank to 10-year low due to losses from its affiliated companies.

Reforming, modernising SoEs a key objective: minister Reforming and modernising State-owned-Enterprises (SoEs) remains a key objective and high priority of the government, as it continues to roll out policies to address their shortcomings and limitations, said finance minister Hồ Đức Phớc at a conference discussing Việt Nam’s SoEs equitisation and management of State capital yesterday.

After Trịnh Văn Quyết's arrest, FLC, Bamboo Airways appoint acting chairwoman Vũ Đặng Hải Yến, Deputy General Director of FLC Group, will replace Trịnh Văn Quyết to work as acting chairwoman of the Board of Directors at FLC and Bamboo Airways.

Divestment plans at State-owned enterprises attract little attention

Many State-owned enterprises have announced their auction schedule for capital divestment plans, but not all of them are attracting customers.

Number of auctions fail on the stock market Despite an active stock market, a number of share auctions still failed, with some even cancelled, due to a lack of investors participating. 

Shareholders of banks enjoy fruitful earnings as stocks flourish

The banking group, one of the most favoured stock groups on the Vietnamese stock market, is yielding fruitful earnings for investors.

Positive outlook for insurance stocks as 2022 arrives

State capital divestment planning and the removal of limitations on foreign ownership are expected to drive insurance stocks to flourish in 2022.

Top 10 Merger and Acquisition deals in 2021 Even though business activities were disrupted nationwide for many months in 2021, due to social distancing orders to prevent the outbreak of COVID-19, the number of successful merger and acquisition (M&A) deals rose compared to 2020.

Insurance stocks get boost thanks to State divestment Revenue of the whole non-life insurance market recorded modest growth this year, but most insurance stocks on the stock market rose sharply.

SOE equitisation slow this year due to COVID-19 The outbreak of COVID-19 in many localities has delayed the equitisation of State-owned enterprises (SOEs), according to Đặng Quyết Tiến, director of the Corporate Finance Department.