Posts Tagged ‘ State Capital Investment ’

Vietnam Airlines to become major owner of Jetstar Pacific 

January 20, 2012
Vietnam Airlines to become major owner of Jetstar Pacific 

Jetstar Pacific will continue to operate as a low-cost carrier The government’s stake in budget airline Jetstar Pacific, held via the State Capital Investment Corp., will be transferred to national carrier Vietnam Airlines, local media reported Wednesday, citing a directive. Jetstar Pacific, which is partly owned by Australia’s Qantas, will continue to operate as a [...]

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Financial misdeeds uncovered at gov’t investment arm

December 13, 2009
Financial misdeeds uncovered at gov’t investment arm

Tran Van Ta, general director of State Capital Investment Corp., or SCIC, received an average monthly salary of VND78.5 million last year State auditors have asked the State Capital Investment Corp. to identify those responsible for massive financial irregularities recently uncovered at the government investment arm, including millions in unreported funds. The company (SCIC) will [...]

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Equitized companies to be forced onto exchange

June 4, 2009
Equitized companies to be forced onto exchange

The State Securities Commission will force equitized companies to list on the stock exchange to increase their share trading liquidity and transparency. “The aim is to protect the shareholders,” SSC chairman Vu Bang said on Monday at the Vietnam Business Forum in Ho Chi Minh City, without giving a timeframe.Nguyen Hai Son of FPT Securities [...]

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State equity in firms poorly managed

May 2, 2009
State equity in firms poorly managed

State equity in former State-owned enterprises that have been equitised remains poorly managed due to the overlapping authority of ministries and provincial governments, said State Capital Investment Corporation deputy director Le Song Lai. State Capital Investment Corporation deputy director Le Song Lai. VietNamNet Bridge – State equity in former State-owned enterprises that have been equitised [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...