The State Capital Investment Corporation (SCIC) has announced a list of 31 companies for its first round of divestiture for 2025, notably including FPT, Domesco, Hai Phong Thermal Power, and Quang Ninh Thermal Power. The most significant deal planned is the full divestiture of 5.7% of FPT’s shares, potentially worth 9 trillion VND. However, SCIC has attempted to divest from FPT several times without success. According to its 2024 financial report, SCIC achieved over 12.7 trillion VND in pre-tax profit, a 2.2 times increase from the previous year. Its current investment portfolio includes 110 companies with a book value of 53.401 trillion VND, including major names like Vinamilk, Sabeco, and Vietnam Airlines. SCIC also engages in restructuring companies and supporting financial resolutions, while implementing various robust investment plans. SCIC’s revenue goal for 2025 is 11.987 trillion VND, with a pre-tax profit of 9.252 trillion VND.
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