Home Economy

Status upgrade for PJICO corp

Aug 6th at 13:24
06-08-2013 13:24:06+07:00

Status upgrade for PJICO corp

An upgrade of status for the Petrolimex Joint-Stock Insurance Corporation (PJICO) was granted last week.

The new corporation status is part of a restructuring programme of PJICO's parent company, Petrolimex, towards 2015.

PJICO, which celebrated its 18th anniversary this week, was established by Petrolimex and other major shareholders, including Vietcombank, Vietnam Reinsurance Corp and Vietnam Steel Corp.

PJICO is the fourth largest non-life insurer in Viet Nam. Last year, company turnover was VND2.2 trillion ($105 million). It is expected to be VND92.5 trillion this year.

Also last week, the company opened its new head office building on HCM City's Nam Ky Khoi Nghia Street.

vietnamnews

MOST READ

NEWS SAME CATEGORY

Confectionery enjoys a tasty growth rate against food rivals
ECONOMY Aug 6th at 13:21

Confectionery enjoys a tasty growth rate against food rivals

Confectionery production will see the highest growth in the food technology industry, Vu Quang Hung, deputy head of the Ministry of Industry and Trade's Institute...

The companies top for payroll in Vietnam
ECONOMY Aug 5th at 14:22

The companies top for payroll in Vietnam

In this list are the corporations in the fields of oil and gas, power and finance-banking.

VietJetAir ever evolving
ECONOMY Aug 5th at 14:09

VietJetAir ever evolving

VietJetAir has grown rapidly and seen off competition to become Vietnam’s leading low cost carrier. One reason for this success is the airline’s constant...

Bayer provides innovative solutions
ECONOMY Aug 5th at 14:04

Bayer provides innovative solutions

Germany’s Bayer last week in partnership with Ho Chi Minh City’s Cardiology Association organised a science symposium themed as Stroke Prevention in Patients with...

Purchase of US town to help boost VN goods
ECONOMY Aug 5th at 13:38

Purchase of US town to help boost VN goods

The purchase by a Vietnamese national of Buford, a town in the US state of Wyoming, as a springboard to introduce Vietnamese goods in America has been praised by...

Tuna exports to Portgual up 419%
ECONOMY Aug 5th at 13:37

Tuna exports to Portgual up 419%

Viet Nam earned over US$4 million from tuna exports to Portugal in the first five months of this year, representing an impressive year-on-year increase of 419 per...

VN Airlines, 5th hangar in HCM City
ECONOMY Aug 5th at 13:35

VN Airlines, 5th hangar in HCM City

The national carrier Vietnam Airlines on Saturday inaugurated its fifth hangar to maintain wide-body aircraft at the Tan Son Nhat International Airport in HCM City 

Online hotel booking service going strong
ECONOMY Aug 5th at 13:26

Online hotel booking service going strong

The online hotel booking service is becoming a lucrative business for investors in the hospitality industry in Viet Nam.

TPP agreement to benefit Vietnamese garments, textiles
ECONOMY Aug 3rd at 20:44

TPP agreement to benefit Vietnamese garments, textiles

The Trans-Pacific Partnership (TPP) agreement, once realised, will help Vietnam’s businesses, including those in the garment and textiles industry, boost their...

Viettel continues taking the lead
ECONOMY Aug 3rd at 20:42

Viettel continues taking the lead

The curtain is dropped on why there was a gap in revenue levels of telecom sector’s leading players VNPT and Viettel.

Read More

MOST READ

Back To Top