According to Vietnam Government Portal, Deputy Prime Minister Vuong Dinh Hue proposed AIA to participate in the Vietnam's derivative securities market in the meeting with Ng Keng Hooi, President cum CEO of AIA Group Limited (AIA).
"A series of measures to restructure the financial and banking markets and capital divestment at state-owned enterprises will offer AIA numerous financial investment opportunities in Vietnam," said Hue.
The deputy PM also suggested that insurance companies such as AIA should diversify their products portfolio to meet the demands of Vietnamese people.
AIA has entered Viet Nam’s market since 2000. AIA finds the life insurance market of Vietnam still potential for investment, said Hooi.
The President also confirmed that the AIA Group will continue to invest in long-term government bonds of Vietnam and focus on life insurance to meet the demands of Vietnamese people. Previously, AIA bought a large amount of 20-year, 30-year Government bonds of Vietnam.
AIA was founded in Asia and is headquartered in Asia and present in 18 markets in Asia-Pacific region.
