SCIC to restructure into a National Investment Fund

The State Capital Investment Corporation (SCIC) is undergoing a strategic restructuring to transition from administrative management toward professional capital investment. During a ceremony commemorating its 20th anniversary, Deputy Prime Minister Nguyen Van Thang outlined a vision for SCIC to evolve into a National Investment Fund.

This transformation aims to separate state management functions from ownership representation, moving toward a market-based model. SCIC is expected to prioritize the mobilization and disbursement of capital into key national projects and new economic growth drivers to support high, sustainable economic growth targets for the 2026-2030 period.

Reflecting on its two decades of operation, SCIC Chairman Nguyen Chi Thanh reported that the corporation has achieved a cumulative pre-tax profit of 121,138 billion VND and contributed over 111,000 billion VND to the state budget. The corporation has also divested from 1,070 enterprises, generating nearly 56,000 billion VND, and has disbursed over 64,000 billion VND for new investment opportunities.