Despite the government's intention to sell its stakes in 10 major companies like Vinamilk and FPT, progress is tardy.

The plan has been criticized by some economists as 'unnecessary'

SCIC will sell its stakes only when it has new investments that are more profitable," the sovereign fund chairman says

Some officials want SCIC Investment to be banned from future projects due to its lack of commitment

While it announced it would sell off its stakes in 10 major companies, there is still no word about the...

Vietnamese regulators see foreign investment as one of the keys to growing the country’s stock market

 The State Capital Investment Corproration, which holds the stakes on the government's behalf, estimates the shares to be worth at...

Vietnam's sovereign fund, the State Capital Investment Corp., criticized for keeping huge sums in banks instead of investing them in companies...

Although the Vietnamese government has announced that its investment firm SCIC plans to invest in Korean giant Samsung Electronics, SCIC says...