What industries does the State-Owned Corporation operate in?

Industries and professions in which the State Capital Investment Corporation (SCIC) conducts business activities include:

Primary business sectors:

- Investment and management of invested capital as assigned by the Government of Vietnam and the Prime Minister of Vietnam;- Receiving and exercising the rights of state ownership representation at enterprises according to regulations by the Government of Vietnam;- Continuing the reorganization, equitization, and divestment of state capital investments in enterprises already received according to current regulations.

Industries and professions related to primary business sectors:

- Investing and managing capital in industries, fields, and projects that bring economic efficiency according to legal regulations;- Providing consulting services: Investment, finance; transformation, management, purchase, sale, mergers, and other business support services according to legal regulations;- Other industries and professions as assigned by the Government of Vietnam and the Prime Minister of Vietnam.

The Decree specifies the operational objectives for SCIC as follows:

- Conduct profitable business, preserve and develop state capital invested in SCIC and the capital SCIC has invested in other enterprises, and complete other tasks assigned by the state ownership representative;- Innovate management methods, enhance the efficiency of managing state capital invested in enterprises.

For details, see Decree 148/2017/ND-CP effective from December 25, 2017.

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