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Commission for the Management of State Capital at Enterprises

Positive changes seen with loss-incurring SoEs: CMSC

Positive changes seen with loss-incurring SoEs: CMSC

Hồ Sỹ Hùng, deputy chairman of the Commission for the Management of State Capital at Enterprises (CMSC) talked to the Vietnam News Agency (VNA) about challenges and difficulties in managing billion-dollar State-owned-enterprises (SoEs), many of which have been incurring heavy...
Ministry wants to transfer 11 SOEs to CMSC, SCIC

Ministry wants to transfer 11 SOEs to CMSC, SCIC

The Ministry of Industry and Trade proposed 11 State-owned enterprises (SOEs) in which the ministry represented the State ownership to be handed over to the Commission for the Management of State Capital at Enterprises (CMSC) and the State Capital Investment...
CMSCs members post revenue of over 47.8 billion in 2022

CMSC's members post revenue of over $47.8 billion in 2022

The total revenue of 19 groups and corporations is estimated to reach over VND1.1 quadrillion, equal to 114 per cent of the yearly plan and 133 per cent compared to 2021.
State capital management commission completes tasks for 2020

State capital management commission completes tasks for 2020

The Commission for the Management of State Capital at Enterprises (CMSC) has settled 233 out of 259 cases transferred from ministries, including 44 in 2020, heard a conference in Ha Noi on Monday.
State-owned enterprises forecast revenue down due to virus

State-owned enterprises forecast revenue down due to virus

Nineteen State-owned groups and corporations expect to incur losses of some VND26 trillion (US$1.1 billion) this year due to the coronavirus crisis.
State-owned enterprises face VND3.7 trillion loss in Q1 due to COVID-19

State-owned enterprises face VND3.7 trillion loss in Q1 due to COVID-19

The total revenue of the 19 State groups and corporations fell an estimated VND27.3 trillion in Q1 compared to the same period last year.
State capital commission to work with struggling mega-projects

State capital commission to work with struggling mega-projects

Deputy PM Binh urged the commission to step up effort to exercise the State’s rights as a major shareholder and investor in struggling mega-projects.
Overlapped regulations key issue to SOE performances: State capital commission

Overlapped regulations key issue to SOE performances: State capital commission

Regulatory overlapping is the biggest problem at State-owned enterprises after having been handed over to the Commission for the Management of State Capital at Enterprises.
Super committee faces difficulties in checking SOE property

Super committee faces difficulties in checking SOE property

The increasing amount of property and land under State-owned enterprises (SOEs) was mentioned as a factor in their slow equitisation.
PM urges better coordination in managing State capital

PM urges better coordination in managing State capital

Prime Minister Nguyen Xuan Phuc urged better coordination between the Commission for the Management of State Capital at Enterprises and ministries, sectors and corporations to avoid delays in key tasks.
19 State-owned groups to be under financial supervision

19 State-owned groups to be under financial supervision

The Commission for the Management of State Capital at Enterprises (CMSC) this year will oversee the finances of 19 State-owned groups and corporations.