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Vietnam: Insurer predicts $100m in revenues for 2007.
(From Thai Press Reports)
Section: Regional News - The second largest insurer in Vietnam, the Ho Chi Minh City Insurance Company, is forecasting revenues of VND1.6 trillion (US$100 million) in 2007.
That would represent a 6 per cent increase over 2006 figures, according to the company, also known as Bao Minh. After tax profits have been pegged at VND110 billion ($6.88 million).
Revenues from re-insurance plans are predicted to account for VND100 billion ($6.25 million).
To reach the 2007 targets, the company plans to complete its corporate regulations and start training courses for junior and senior managers.
The changes will help …
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