BIDV Insurance earns $9m in pre-tax profit

Tuesday, Jan 22, 2019

BIDV Insurance Corporation (BIC) has reported profit before tax of nearly VND203 billion (US$8.7 million) in 2018, beating its yearly target by 6.7 per cent. This number is also 8.8 per cent higher than the previous year.

Home solar systems get support from BIDV

Friday, Sep 21, 2018

A September 20 signing ceremony in HCM City saw the Bank for the Investment and Development of Viet Nam (BIDV), the BIDV Insurance Corporation (BIC) and Bach Khoa Energy Corporation (SolarBK) agree to Viet Nam’s first plan to guarantee financial...

Canadian insurance firm gets 35% BIC stake

Friday, Jan 08, 2016

Fairfax Asia Limited, a subsidiary of Canadian insurance and reinsurance firm Fairfax Financial Holdings Limited, bought 41 million shares in the BIDV Insurance Corporation (BIC) on January 5.

BIDV Securities lowers foreign stake

Wednesday, Sep 23, 2015

The BIDV Securities Corporation (BIC) has reduced the foreign ownership limit in the company''s capital from 49 per cent to 21.5 per cent.

BIDV Insurance plans 41 million share issue for foreign investors

Tuesday, Apr 07, 2015

The Bank For Investment and Development of Vietnam Insurance Co (BIC) plans to issue a maximum of 41 million shares to foreign strategic investors, according to a document sent to shareholders before the annual shareholders'' meeting on April 20.

MetLife, BIDV to form a life insurance company

Friday, Sep 27, 2013

MetLife, Inc, the Bank for Investment and Development of Vietnam (BIDV), and the Bank for Investment and Development of Vietnam Insurance Corporation (BIC) signed an agreement on Thursday to establish a life insurance joint venture in Viet Nam.

Work begins on low-cost apartment project

Wednesday, May 29, 2013

A social housing project which will provide 1,037 low-cost apartments in Ha Noi''s Tay Nam Linh Dam New Urban Area started yesterday.