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VIETNAM BUSINESS NEWS JUNE 29

VIETNAM BUSINESS NEWS JUNE 29
vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.

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VPBank looks for foreign strategic partner

VPBank looks for foreign strategic partner
vir.com.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vir.com.vn Daily Mail and Mail on Sunday newspapers.

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Prudential achieves solid growth in 2020, accounts for 30% of industry claims payouts - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports


Update:
April, 09/2021 - 09:31
|
 
A Prudential Vietnam customer care centre in HCM City. Prudential reported excellent growth last year despite the COVID-19 pandemic. Photo courtesy of the company
HCM CITY Prudential Vietnam reaffirmed a year of sustainable growth and enhancements in its business operations in 2020, while continuing to prioritise the health and wealth of customers and contribute to the country’s economic development.
Prudential achieved total revenues of VNĐ33.97 trillion (US$1.46 billion) last year, including VNĐ24.7 trillion ($1.06 billion) from insurance activities, an increase of 12.6 per cent from 2019.
Revenues from new business were up 8.7 per cent to VNĐ5.479 trillion.
In response to the pandemic, Prudential Vietnam made timely adjustments to its operations including adopting new ways of working and optimising costs, resulting in a rise in its pre-tax profits to VNĐ ....

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Prudential Vietnam reaffirms sustainable growth goals in 2020


Prudential Vietnam reaffirms sustainable growth goals in 2020
16:00 | 06/04/2021
Prudential secured sustainable growth and efficient business operation in 2020
In 2020, Prudential achieved a total revenue of VND33.97 trillion ($1.48 billion), of which net revenue from insurance activities reached VND24.71 trillion ($1.1 billion), an increase of 12.6 per cent from the previous year. Meanwhile, new business revenue reached VND5.48 trillion ($238.26 million), an increase of 8.7 per cent. In response to the impact of the pandemic, Prudential Vietnam made timely adjustments to its operations including applying new ways of working and optimising costs, resulting in a rise in its pre-tax profit to VND2.79 trillion ($121.3 million).
In 2020, Prudential Vietnam maintained a solvency margin of almost 140 per cent, underscoring its ability to safeguard customers’ finances. The strong results also underscore Prudential’s continu ....

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Vietnam's equity market attract capital via funds


Vietnam’s equity market attract capital via funds
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 12/12/2020
  
07:15
GMT+7
Vietnam’s equity market has been attracting trillions of VND in investment capital via the flourish of equity funds.
Domestic and foreign investors at the Hồ Chí Minh Stock Exchange (Photo: tinnhanhchungkhoan.vn)
As of September, the total number of funds operating on the market was 52, including 33 open funds, two closed funds, 10 member funds, six ETFs and one real estate fund. The total net asset value (NAV) managed by the funds is 43.86 trillion VND (1.9 billion USD). ....

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