{
  "id": 1608882,
  "title": "SCIC to divest all stakes in 66 companies",
  "url": "https://urgent.news/2026/08/18/scic-to-divest-all-stakes-in-66-companies",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-18T01:54:16.000Z",
  "source": {
    "name": "Vietnam Investment Review",
    "slug": "vietnam-investment-review",
    "url": "https://vir.com.vn/scic-to-divest-all-stakes-in-66-companies-158877.html"
  },
  "original_language": "en",
  "account": "SCIC plans to divest all investments in 66 companies across various sectors such as plastics, medical import-export, steel, textile, construction, transport, trade, services, and import-export. The list of companies includes well-known names like Vietnam Plastics Corporation, Tien Phong Plastic, Domesco Medical Import-Export, Vietnam Steel Corporation, Vinatex, Vinatex, Vietnam National Construction Consultants Corporation, LICOGI Corporation, Vietnam Fisheries Corporation, and Pha Lai Thermal Power. SCIC retains ownership of 100% of SCIC Investment Co., Ltd., and maintains stakes in other businesses aligned with its investment strategy. The divestment list is expected to provide a potential supply source for the stock market in the coming years, while the plan also highlights a broader restructuring of its investment portfolio.",
  "summary": "State Capital Investment Corporation SCIC has a plan to divest its entire stake in 66 companies in the next five years",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}