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|4:00pm – 4:05pm||Introduction of CMFSC to new members|
|4:05pm – 4:35pm||Guest speaker: Mr. Le Song Lai, Deputy General Director, Vietnam’s State Capital Investment Corporation (SCIC)
Topic: SCIC’s updates and initiatives around State equitization and the latest divestment opportunities.
Background: The State Capital Investment Corporation (SCIC) is a state-owned holding company considered a national wealth fund of Vietnam, similar to Singapore’s Temasek or GIC. It was established in 2005 as part of a range of reforms aimed at enhancing the efficiency of state capital utilization. In May 2020, SCIC announced its plan of divesting 85 state-owned enterprises (SOEs), notably VNSteel, Vinatex, and Bao Viet Holdings (HSX: BVH), Bao Minh Insurance (HSX: BMI), Tien Phong Plastic (HNX: NTP), Binh Minh Plastics (HSX: BMP), VNSteel, Vietnam Plastics, Hai Phong Thermal Power, and Seaprodex. These are attractive SOEs and would be of interest to many investors despite the volatility of the capital market due to Covid19.
|4:35pm – 4:50pm||Q&A|
|4:50pm – 5:00pm||
CMFS Committee Updates