The State Capital Investment Corporation (SCIC, ) is a state-owned holding company considered a National Wealth Fund of Vietnam. It was established on 20 June 2005 under the mandate of Prime Minister Phan Văn Khải as part of a range of reforms aimed at enhancing the efficiency of state capital utilisation.[1]
SCIC was created to reduce investment in domestic companies and government divisions in the Vietnamese government, and to diversify their holdings.[2] The SCIC commenced operation in August 2006, and as of 30 May 2012 has around 416 linked firms in their portfolio.[1]
Board Members
SCIC board members include:[1]
- Trần Văn Hiếu – Chairman and vice minister of finance
- Lại Văn Đạo – Chief Executive Officer
- Đỗ Hữu Hào – Board member and vice minister of industry and trade
- Cao Viết Sinh – Board member and vice minister of investment and planning
- Hoàng Nguyên Học – Board member and deputy general director
- Nguyễn Quốc Huy – Board member and deputy general director
- Lê Song Lai – Board member and deputy general director
- Nhữ Thị Hồng Liên – Board member and deputy general director
External links
References
- scic.vn. SCIC: Corporate Profile scic.vn^
- SWF Institute. State Capital Investment Corporation SWF Institute^