While BVSC does not currently implement zero fees, it will need to adjust its fees to align with the competitive trends in the market. This adjustment is expected to affect Bảo Việt Securities'' revenue target for 2024.
The insurance sector is attracting the attention of investors when it comes to investment portfolios because businesses in this group have also recorded positive results in recent years.
An Binh Commercial Joint Stock Bank has partnered with Thakral One, a Singapore-based technology consulting and services firm, to set up an automated credit scoring engine to streamline the risk calculation process for customers.
Bao Viet Securities Company (BVS) expects Viet Nam''s stock market might attract up to US$1.4 billion from index tracking funds, if Viet Nam is officially upgraded to a secondary emerging market by FTSE.
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.
Bao Viet Tokio Marine Insurance Co Ltd officially changed its name and brand identity to Tokio Marine Insurance Vietnam Co Ltd with an aim to strengthen the brand position as the best Japan quality insurance service provider in Viet Nam.
Bao Viet Securities Company (BVSC) reported a realised after-tax profit of VND127.9 billion (US$5.4 million) last year, completing 102 per cent of its plan.