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Nguyn Trung Kin

Corporation finance 50B, Faculty Banking and Finance, National Economics

University.

PERSONAL STATEMENT

1.Foundd in 2005, SCIC is an investment arm of Vietnams government. Its

main function is to effectively manage the state capital at state-invested companies and

significant projects in various fields on commercial basis. With SCICs 5 years of

operation, what are the most remarkable achievements that SCIC have made?

State capital Investment Corporation, or SCIC, is the important investment arm of

VietNams government. During five years of SCICs operation, it has achieved several

remarkable accomplishments. Especially, SCIC manage effectively the state capital at state-

invested companies and crucial projects in various fields on commercial basis.

In first SCICs function, SCIC has managed state capital at state invested

companies as acceptance state authority on 897 enterprises with 6933 billions of VND. Its

before-tax income reached 2445 billions of VND in 2010, increase up 40 percent to 2009.

From 2005 to now, SCIC has sold about 789 billions of VND in 334 enterprises and has

invested about 2423 billions of VND such as Join Stock Company Vinamilk and Joint

Stock Company An Giang Plant Protection. In these projects, the SCIC participates as afinancial investor and major investor. Thus SCIC focuses on not only managing and

helping these companies make decision quickly but also bringing them to operate

effectively.

Besides, SCIC has represented state to invest in important commercial basis

projects. Total state capital that SCIC represents about 21.518 billions of VND that can

enable the corporation to focus on the invest in several crucial projects. Some projects

have been promoted effectively, such as that in cooperation with EVN on two hydropower

projects in Vinh Son Song Hinh and Thac Ba hydropower Joint Stock Company, in

which SCIC holds 24 percents of equity. These projects not only double the corporations

investment value but also increase the leading role of state enterprises in the energy sector.

Although the above figures and fact are not only a small part of SCICs performer

within career five years, they can show out that SCIC has gradually proved its ability to

fulfill the role as investment arm of VietNams government. We expect the perfection ofSCIC model to continue to achieve more and more accomplishment in future.

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(Data in this statement is taken from Representative Newsletter number 18, number

25 and SCICs operation result report)

2. Please describe your five years career pathway?

My desire is becoming a successful leader such as a manager in Finance. I have

started my career path way in Faculty of Baking and Finance in National Economics

University but the long steps will be after my University graduation, especially in next five

years.

My first step after my graduation is to study in America in finance in Master level.

With their high reputation and excellences, Emory University and The University of

Chicago Booth School of Business are my first priorities. To prepare, I am learning

English intensively now and preparing for TOEFL and GMAT Test in this August and

next year February. I fully understand that with high scores in those exams, I have many

chances to get scholarship to support my study in America. My target is to achieve the

score of 105 in TOEFL IBT and 720 in GMAT Test this year. Studying in a famous

university in the United State can bring me not only the crucial knowledge in finance but

also some important aspects for my future career such as networking and experience.

When I finish my study, it is time to begin my second step, which is working life infinancial career. With the experience and networking I gain in USA, I plan to apply to a

big Vietnamese finance company such as PVFC or SCIC. These companies, with their

value of thousands of billion VND, play important roles in VietNams economy. Some

people believe that working in the US is more dynamic and interesting than in Viet Nam.

But I think that with the annual investment of about forty billions per year and the

investment is increasing rapidly every year, VietNam is very potential for financial career,

which has just emerge. That will be the best environment for me to apply my knowledge,

experience and networking I gained from National Economics University and United State.

That is also an ideal ground for me to challenge my self and reach my desire to become a

manager in finance such as a CFO of a company in future.

I wish you could share with and support me to realize my desire of life.