The State Capital Investment Corporation (SCIC) has revealed a significant restructuring plan for the period of 2026-2030, which includes the complete divestment from 66 companies. This decision is part of SCIC's broader strategy to optimize its investment portfolio and concentrate resources on key enterprises deemed strategically important.

Under the new plan, SCIC will maintain a 100% stake in its own investment company, SCIC Investment Limited Company (SIC), and will continue to hold significant shares in several major firms, including Vinamilk, Sabeco, and the Vietnam National Pharmaceutical Corporation. The focus will be on companies that align with SCIC's strategic goals and business plans.

The list of 66 companies targeted for full divestment is diverse, featuring notable names such as Vietnam Plastics, Domesco Medical Import-Export Company, and the Vietnam Steel Corporation. Other companies in various sectors, including construction, materials, and trade, are also included in this divestment initiative.

SCIC has indicated that the final list may be adjusted based on market conditions and the performance of the companies involved. This divestment is expected to create a notable supply in the stock market over the coming years, particularly as several of these companies are well-known to investors.

SCIC's approach reflects a strategic shift, moving away from maximizing divestments to restructuring its portfolio, withdrawing from non-essential investments, and focusing on maintaining state capital in enterprises that are crucial for national interests.

This restructuring plan is anticipated to have significant implications for the Vietnamese market, particularly for investors looking at the 66 companies set for divestment, as it may lead to increased opportunities and shifts in market dynamics.