Making SCIC the leading equity investment organization in Vietnam

After 2025, SCIC must become the financial investment organization with the leading equity scale in Vietnam.

This is one of the goals set by the Government in the development strategy to 2030, vision to 2035; business and investment development plan to 2025 of the State Capital Investment Corporation (SCIC).

Accordingly, SCIC must become an effective institution and tool of the Government to support and promote the restructuring and reorganization of state-owned enterprises. This unit is also guaranteed financial and administrative resources to invest in capital, develop large-scale and important projects, and conduct effective production and business.

This corporation will be gradually transformed into a professional investment organization model, aiming to become a financial investment unit with the leading equity scale in Vietnam after 2025.

According to the roadmap, by 2025, SCIC will continue to receive the right to represent the ownership of state capital from ministries, branches and localities to restructure capital (through investment, holding, divestment, ownership conversion); receive enterprises and state capital assigned to support recovery, capital restructuring, and improve operational efficiency.

Regarding capital investment, this corporation carries out two groups of tasks, including: investing capital in industries and fields that bring efficiency and advantages according to the principle of autonomy, self-responsibility, and no limit on investment fields; key and important fields that the state needs to hold, or participate in to support the handling of financial difficulties for enterprises due to financial crisis or force majeure.

In the 2026 - 2030 period, SCIC will focus resources on promoting capital investment and business, focusing on infrastructure projects, large and important projects, in line with the country's socio-economic development strategy in each period.

By 2031 - 2035, this corporation will operate as a professional financial investment organization model, as a tool and channel for the Government's investment in the economy.

In the 5-year production, business and investment development plan until 2025, SCIC focuses on investing in key and effective fields and projects, attracting capital from society and from abroad.

The specific fields mentioned are: high technology, digital economy, energy, key infrastructure projects (airports, roads, railways), smart cities, modern medicine - healthcare , pharmaceuticals; finance - banking; investment in corporations, general companies, commercial banks; additional capital investment in a number of large, effectively operating and potential enterprises in SCIC's existing investment portfolio to serve the enterprise's investment and development plan.

According to data, in the first 6 months of this year, SCIC recorded revenue of more than 2,600 billion VND; accumulated pre-tax profit reached over 3,200 billion VND, exceeding the yearly plan by 10.5%. After-tax profit was nearly 3,100 billion VND, exceeding 6.2%. The unit paid corporate income tax of 126 billion VND.

Duc Minh

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