HFIC clinch cooperation deal with Bao Viet

HFIC has cut a deal with BaoViet Insurance Corp. on operational and capital cooperation.

Under the agreement, the two sides pledged to provide business opportunities and customer services for each other, said general director Tran Trong Phuc of BaoViet Insurance Corp. At the same time, Phuc stated, the two partners will contribute capital to make joint investments or to offer clients financial and insurance services.

Hochiminh City Finance and Investment State-owned Company’s general director Diep Dung said his company could expand capital mobilization channels, enhance risk management and enrich products thanks to the association. Bao Viet, in turn, will have the chance of expanding its market targeting customers/partners of different scales and industries, Dung added.

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