Bao Viet Holdings and its affiliates reported positive growth last year with total turnover of VND48.949 trillion (US$2.12 billion), up 9.1 per cent year-on-year and surpassing the annual target by 8.9 per cent.
Japanese insurer Sumitomo Life has registered to buy more than 41.4 million shares of local insurer insurance-finance-banking group Bao Viet Holdings (BVH).
Insurer Bao Viet Holdings (BVH) and the Bank for Investment and Development of Viet Nam (BIDV) have approved plans of paying cash dividends worth combined nearly VND5.5 trillion (US$236 million) in the next two months.
Bao Viet Holdings, a Vietnamese financial and insurance service group, has been honoured as the firm with the most transparent financial report in Asia by the Singapore-based sustainability services provider CSRWorks International.
Bao Viet Group (HOSE: BVH) recorded a revenue of around VND25.7 trillion (US$1.13 billion) in 2016, a 24 per cent surge over 2015, and 14 per cent higher than the target set.
Insurer Bao Viet Holdings (BVH) on Tuesday sold its entire stake in the Saigon Beer-Alcohol-Beverage Corporation (Sabeco) for VND95 billion (US$4.2 million).
Bao Viet Holdings (BVH) has reported higher six-month revenues and
profits as the domestic insurance market saw a six-year high in the
first half of this year.
Insurance and finance conglomerate Bao Viet Holdings (Bao Viet) has set a
target of VND22.5 trillion (US$1 billion) in revenue and VND1.19
trillion ($53 million) in after-tax profit this year.
Insurer Bao Viet Holdings is targeting a consolidated revenue of over
VND 18.9 trillion (US$879 million) this year, including an after-tax
profit of VND1.14 trillion ($45 million).