Two State-owned insurance firms plan capital divestment to attract foreign investors
Vietnam's two largest insurance firms – Baoviet Holdings (HoSE: BVH) and PVI Joint Stock Company (HNX: PVI) - have announced plans to divest State capital.
Insurance industry hits growth of 24 percent in H1
Vietnam’s insurance industry achieved high year-on-year growth of 24.35 percent in the first half of 2018, helping total revenue to reach more than 58.65 trillion VND (2.58 billion USD).
Vietnam insurance benefits from foreigners
The participation of foreign investors in Vietnam’s insurance market will develop the market while enriching domestic insurers with experience and governance.
Shares retreat after three-day rally
Vietnamese shares fell slightly on both local markets on August 8 as investors tried to take profits from the exchanges’ three-day rallies.