February 25, 2013 | 21:27 (GMT+7)
SCIC establishes separate investment arm
The State Capital Investment Corporation (SCIC) has established a new subsidiary – the SCIC Investment Co. Ltd. with an aim to limit the State’s exposure to investment risks...
The State Capital Investment Corporation (SCIC) has established a new subsidiary – the SCIC Investment Co. Ltd. with an aim to limit the State’s exposure to investment risks.
The company, capitalised at 1 trillion VND (47.6 million USD), will take advantage of SCIC capital resources to invest in shares, bonds, acquisitions and investment projects.
Source: VNA