Thứ Tư, 22 tháng 8, 2007

Minister asks for better efficiency of capital management

22/08/2007 -- 8:41 PM

Ha Noi (VNA) – Finance Minister Vu Van Ninh urged the State Capital Investment Corporation (SCIC) to focus on promising businesses only so as to increase the efficiency of state capital management.

Minister Ninh made the remark at the SCIC’s inaugural yearly review meeting in Ha Noi on August 22, citing the fact that the state funding are scattering far and wide and went on to call on the SCIC to aid funded businesses so as to secure better investments for the State.

SCIC began its operations in August 2006 as a state-owned venture capital player in the commercial sector.

Its diverse portfolio boasts investments in financial services, energy, manufacturing, telecommunications, transportation, consumer products, health care and information technology.

SCIC-linked companies include the Corporation for Financing and Promoting Technology (FPT), Pacific Airlines, Viet Nam Dairy Products Joint Stock Company (Vinamilk), Bao Minh Corporation, and Viet Nam Construction and Import – Export Corporation (Vinaconex).-Enditem

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