Techcombank posts huge jump in profit Business

Techcombank posts huge jump in profit

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) posted pre-tax profit of more than 10.66 trillion VND (458.38 million USD) in 2018, up 31 percent year-on-year and surpassing its target by 6.61 percent.
Insurance sector posts 24-percent rise in revenue Business

Insurance sector posts 24-percent rise in revenue

The insurance sector recorded more than 133.65 trillion VND (5.76 billion USD) in revenue from premiums in 2018, up 23.97 percent from a year earlier, according to the Ministry of Finance’s Insurance Supervisory Authority.
Stocks down on banks, oil stable Business

Stocks down on banks, oil stable

Vietnamese shares on July 19 retreated from previous day ’s gains as individual companies declined on bad news in their business activities and lower oil prices extended losses for a second day.
Business

Insurance premium grows 20 percent

Total insurance premiums are estimated to have reached 30.69 trillion VND (1.57 billion USD) this year, a rise of 20.3 percent on last year, according to the Ministry of Finance's Insurance Management and Supervision Department.
Business

Insurers see Non-life premiums climb

Non-life insurance revenue reached 8.24 trillion VND (429.21 million USD) in the first six months of this year, according to the Association of Vietnamese Insurers.