Tags

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.
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...
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. 
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.
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...
Law on management of State capital in enterprises should be changed: experts

Law on management of State capital in enterprises should be changed: experts

The implementation of the law on management utilization of state capital invested in the enterprise’s manufacturing and other guidance documents have revealed shortcomings, said leader of Ministry of Finance (MoF)
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.
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.
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.
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).