The Phu Hung Life Insurance Joint-Stock Company and TRG International sign a contract to appoint TRG as Phu Hung Life's financial solution provider. — VNS photo

HCM CITY (Biz Hub) — The Phu Hung Life Insurance Joint-Stock Company (Phu Hung Life) and TRG International (TRG) on November 20 signed a contract to appoint TRG as Phu Hung Life's financial solution provider.

Under the agreement, TRG will supply Info SunSystems version 6, a complete financial management solution that complies with both International Financial

Reporting Standards and Vietnamese Accounting Standards.

The solution also offers other features specialising in financial management for life insurance in Viet Nam and operational reporting and analysis for Phu Hung Life.

TRG will design and deploy the software system as well as provide training sessions, support and maintenance to Phu Hung Life.

Bimal Balasingham, director of Phu Hung Life, said he believed the IT solution from TRG would "help us get the most out of our investment, control and growth in the Vietnamese market." — VNS