Vietcombank seeks bancassurance partnership Business

Vietcombank seeks bancassurance partnership

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), coded VCB on the Ho Chi Minh Stock Exchange, plans to invite bids from insurers for exclusive rights to distribute life insurance products through its network.
VN Index hits new record high Business

VN Index hits new record high

Vietnam’s benchmark VN Index marginally surpassed the record high of 1,170 points on March 22 as energy stocks remained upbeat and insurers and agriculture firms performed strongly as well.
Markets set for low trading before Tet Business

Markets set for low trading before Tet

Shares are expected to move modestly in the coming two trading sessions as investors settle trading before the Tet (Lunar New Year) holiday, while concerns remain following recent turbulence in global markets.
Insurers, bankers banking on each other Business

Insurers, bankers banking on each other

Touting it as a win-win deal for everyone, banks and insurance companies in Vietnam are promoting the “bancassurance” model to exploit a market with huge untapped potential.
Insurance sector revenue grows 19 percent Business

Insurance sector revenue grows 19 percent

The insurance sector reported growth of 19 percent in premium income in the first five months of this year, topping 38.7 trillion VND (1.7 billion USD), the Insurance Association of Vietnam said.
Singapore: Better insurance coverage for foreign workers World

Singapore: Better insurance coverage for foreign workers

Minimum compensation for foreign workers in Singapore who unfortunately have accidents will be 60,000 SGD (nearly 43,000 USD), up from the previous 40,000 SGD (28,500 USD) from October 1, according to recent changes announced by the Ministry of Manpower (MOM).
Shares upbeat after holiday weekend Business

Shares upbeat after holiday weekend

Shares advanced during the first session on May 3 after the National Reunification and International Labour holidays as investors remained positive about the market outlook.