Thursday, March 15, 2007

BIDV sets up financial company

A financial company under the Bank for Investment and Development of Viet Nam (BIDV) officially opened in Ha Noi on March 14.
The company, with a registered capital of 500 billion VND (31.3mio US$), will operate in energy, financial and banking, telecommunications, mining, tourism, seaport and construction sectors.
The companies co-shareholders include BIDV's Insurance Company, BIDV's Securities Company, Binh Minh Import-Export Ltd. Company, An Vien Joint Stock Company and Vien Dong Consulting Company for Investment and Technology Transfer, in which BIDV's affiliates hold 51% of shares.

Source: VNA

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