The HSBC Life International Limited has become the first Hong Kong life insurance company to open a representative office in Ha Noi.
Speaking at the opening ceremony on Jan. 24, Bruce Howe, chief office representative said that Viet Nam's developing economy, its admission to the World Trade Organisation and the big progresses in the country's insurance sector have attracted foreign investors' attention.
This have created a competitive and promising market for insurance companies, he added.
"We want to be an important member of the market. This is a start of a real business opportunity," said Bruce Howe.
HSBC Life International Limited is an affiliate of the HSBC Insurance (Asia Pacific) Holdings Limited, a leading company in Hong Kong, China, in providing medical and life insurance as well as pension products.
Source: VNA
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