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LAOS-VIETNAM INSURANCE JOINT VENTURE SET UP.
AsiaPulse News
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April 01, 2008 |
COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
VIENTIANE, April 1 Asia Pulse - The Bank for Investment and Development of Vietnam (BIDV) announced on March 31 its establishment of the Laos-Vietnam Insurance Joint Venture (LVI) with Lao partners.
A contract to this effect was signed between the BIDV and the Commercial Bank of Laos and the Laos-Vietnam Joint Venture Bank in Vientiane on March 30.
LVI, the first oversea insurance joint-venture by a Vietnamese company, has a total registered capital of US$3 million, 51 per cent of which was contributed by the BIDV.
LVI will be ...
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Source: HighBeam Research, LAOS-VIETNAM INSURANCE JOINT VENTURE SET UP.