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VietNamNews

Japanese insurance company receives Govt seal of approval

Update: December, 21/2012 - 10:17

HA NOI (VNS)— Deputy Prime Minister Vu Van Ninh said he was satisfied with the recent co-operation between Japan's Sumimoto Life Insurance Company and the Bao Viet Insurance Group at a meeting yesterday with Sato Yoshio, the company's chief executive officer.

The Sumimoto Life Insurance Group has bought stocks from the Bao Viet Insurance Group.

He said the co-operation between these large insurance companies would foster the development of both countries' economies.

In response, Yoshio said Sumimoto had high expectations for the Vietnamese market as Viet Nam was developing quickly. — VNS

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