Surge in new traders fuels market gains Shares climbed on Friday thanks to a strong boost from massive surge in new trading accounts opened by punters seeking to bottom fish from a giant slump in COVID-19 time.

SCIC sells shares at Khánh Hòa Seafood Export JSC The State Capital Investment Corporation (SCIC) will sell its shares at the Khánh Hòa Seafood Export Joint Stock Company on July 22, 2020.

PM approves list of SOEs for divestment in 2020

Prime Minister Nguyễn Xuân Phúc has approved a list of 124 State-owned enterprises (SOEs)  for divestment this year.

Vietnam Airlines proposes Gov’t financial support to overcome difficulties Vietnam Airlines Corporation has proposed the Government to lend a minimum of VNĐ4 trillion or maximum of VNĐ12 trillion at the lowest preference interest rate to help the firm overcome serious impacts caused by the COVID-19 pandemic.

SCIC aims to disburse annual investment up to VNĐ16 trillion

SCIC general director Nguyễn Chí Thành said this is the SCIC's investment strategy for 2020-25 and toward 2035 to complete its goal of becoming the Government’s strategic investor.

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.

State investment agency aims to sell stake in Hải Phòng Thermal Power this month The initial price of each share (HND) will be VNĐ26,000 (US$1.09), which means SCIC could expect to receive a minimum of VNĐ1.17 trillion.

SCIC raises US$14.5 million from State capital sale The State Capital Investment Corp (SCIC) has earned VNĐ342 billion (US$14.5 million) for selling a part of its ownership at the Civil Engineering Construction Corporation No 5.

Vinawaco plans to sell State capital to settle Vietcombank debt After 25 years, Vietcombank finally claims the money it loaned out to the Waterway Constructions JSC – Vinawaco to buy ships.

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.