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Committee for Management of State Capital

The total revenue of 19 groups and corporations reached over 45 billion

The total revenue of 19 groups and corporations reached over $45 billion

The 19 firms’ total revenue reaches VNĐ1.13 quadrillion, equivalent to 105.1 per cent of this year’s target. The pre-tax profit reached approximately VNĐ53.26 trillion, representing 166.1 per cent of the target this year and 110.9 per cent of last year’s result.
MoIT signs co-operation agreement with CMSC and VBF

MoIT signs co-operation agreement with CMSC and VBF

In order to perform its functions and tasks, the ministry urgently needed the co-ordination and assistance of all levels and branches from the central to local levels, said minister Nguyen Hong Dien.
Loss-making projects turn fortunes around

Loss-making projects turn fortunes around

With directions from the Prime Minister, and relevant ministries and sectors, the Committee for Management of State Capital at Enterprises (CMSC) has solved difficulties in MoIT''s delayed and loss-making projects. 
SOEs earn revenue worth nearly VND900 trillion in H1, up 27 per cent

SOEs earn revenue worth nearly VND900 trillion in H1, up 27 per cent

Nineteen corporations and enterprises under the management of the Committee for Management of State Capital at Enterprises (CMSC) reported total revenue of more than VND982 trillion in the first half of this year, equivalent to 90 per cent of the...
Super committee fails to report SOEs finance performance on time

Super committee fails to report SOEs' finance performance on time

The Ministry of Finance (MoF) has said the supervision of financial results from State-owned enterprises (SOEs), carried out by the Committee for Management of State Capital at Enterprises, (or Super Committee) was “very slow”.
Six companies get equitisation plans approved in January-August

Six companies get equitisation plans approved in January-August

As the Prime Minister’s SOE equitisation plan has remained stagnant for the last five years, economic specialists have said it is very difficult for the stakeholders to complete the plan on schedule, or it is impossible.
Vietnam Airlines profit predicted to drop due to COVID-19 outbreak

Vietnam Airlines’ profit predicted to drop due to COVID-19 outbreak

The profit of Vietnam Airlines Corporation will be strongly affected by the spread of COVID-19 in countries around the world, according to the preliminary report of the Committee for Management of State Capital at Enterprises (CMSC).
Japan Tobacco wants deeper partnership with Vinataba

Japan Tobacco wants deeper partnership with Vinataba

As Vietnamese consumers are switching to less harmful cigarette products, Japan Tobacco wants to get in on the act.
Super committee should act as supportive agency

Super committee should act as supportive agency

The Committee for Management of State Capital at Enterprises should act as an efficient and supportive State capital management agency, not a governmental bureaucratic body.
80% of State-owned groups earn profit in H1

80% of State-owned groups earn profit in H1

The Committee for Management of State Capital at Enterprises will focus on monitoring State investment capital and finance at 19 State-owned corporations and groups until the end of this year.
MoIT hands over loss-making projects to CMSC

MoIT hands over loss-making projects to CMSC

The committee will take responsibility to resolve the shortcomings at 11 projects.
PetroVietnam appoints new general director

PetroVietnam appoints new general director

The Committee for Management of State Capital at Enterprises on Wednesday appointed Le Manh Hung as the new general director of the Viet Nam National Oil and Gas Group (PVN), starting July 1, 2019.
19 State-owned groups to undergo financial supervision

19 State-owned groups to undergo financial supervision

The Management of State Capital at Enterprises (CMSC) plans to strengthen the supersivion and management of state capital and assets at 19 State-owned groups and corporations.
CMSC to receive more than 109 million dividend from petroleum group

CMSC to receive more than $109 million dividend from petroleum group

The Committee for Management of State Capital at Enterprises will receive a cash dividend of VND2.55 trillion (US$109 million) from the Viet Nam National Petroleum Group for its performance in 2018.
New committee should develop capital, not trade it

New committee should develop capital, not trade it

The function of the Committee for Management of State Capital at Enterprises (CMSC) was not trading State capital but to organise and develop State capital, said Deputy Prime Minister Vuong Dinh Hue.