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Business transfer to SCIC

by VTV410 November 2018 Last updated at 13:00 PM

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Business transfer to SCIC
Photo: VPG
VTV.vn - This morning six corporations and enterprises under the management of the Ministry of Industry and Commerce were announced to be transferred to the State Capital Management Committee (SCIC).

These are the first 6 of the 19 corporations under the ministry's management to transfer to the Committee.

Those include the Vietnam Oil and Gas Group, Vietnam Electricity Group, Vietnam National Coal - Mineral Industries Holding Corporation Limited, Vietnam Chemical Group, Vietnam National Petroleum Group and Vietnam Tobacco Corporation.

The State holds over VND555 trillion, or 24 billion USD which is half of the total state capital held by the Committee in 19 companies.