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Update news Bao Minh
Non-life insurers have cut back cash dividend rates for 2020 by maximum five percentage points as they prepare for a global economic downturn.
Through merger & acquisitions (M&A), the world’s leading insurance conglomerates have been buying Vietnamese companies, which has helped the former hasten their entry into the Vietnamese market.
The Government has asked the State Capital Investment Corporation to develop a roadmap to sell state capital worth around $3 billion in 10 large State-owned Enterprises. This is considered great news for investors, especially foreigners.
VietNamNet Bridge - Firstland, a company from Hong Kong has bought 4.25 million shares of the Bao Minh Insurance Group to become the second largest foreign shareholder of this group.