October 14, 2003 | 18:16
Two of Vietnam’s state-owned insurance companies are to go public following a decision endorsed by Prime Minister Phan Van Khai to develop the domestic insurance market to 2010.The Ho Chi Minh City Insurance Company (Bao Minh) and the Vietnam Reinsurance Company (Vinare) are to be equitised by 2010 with the State retaining a major stake in both companies.