HCMC – The Commission for the Management of State Capital at Enterprises (CMSC) has picked Nguyen Canh Toan as new deputy chairman, effective from August 15. CMSC’s other deputy chairmen are Ho Sy Hung, Nguyen Ngoc Canh and Do Huu Huy. The chairman of the state-owned company is Nguyen Hoang Anh. Established in February 2018, CMSC represents state ownership in the enterprises which are wholly owned by the State, and also manages state share holdings in certain joint-stock and limited liability companies. Currently, CMSC oversees 19 state-owned enterprises, including State Capital Investment Corporation, Vietnam Oil and Gas Group, and Vietnam Electricity Group.