Bao Minh, Vietnam Airlines strike 4 billion USD deal

Bao Minh, Vietnam Airlines strike 4 billion USD deal

12/01/2008 -- 8:58 PM

Ha Noi (VNA) – The Bao Minh Insurance Corporation, the second largest insurer in Viet Nam, and the national flag carrier Viet Nam Airlines on Jan. 11 came to terms on a new 4 billion USD contract for 2008.

Under the contract, Bao Minh will insure the airlines’ liability, aircraft and some 9 million passengers expected in 2008 in line with international regulations and standards.

Last year, Vietnam Airlines also signed a 4 billion USD insurance contract with Bao Minh and the Viet Nam Insurance Corporation (Bao Viet).-Enditem

(VNAgency)

Bao Viet insures A Luoi hydropower plant

Bao Viet insures A Luoi hydropower plant
Source: VNAgency
07/01/2008 -- 11:37 AM
Thua Thien-Hue (VNA) – The Central Region Hydropower Joint-Stock Company and Bao Viet, the country’s leading non-life insurance provider, signed on January 4 an insurance contract for the A Luoi Hydropower Plant.

The plant, located in A Luoi district in central Thua Thien-Hue province, has been insured for 2.1 trillion VND (130.8 million USD).

A Luoi Hydropower Plant, with investment of more than 3.3 trillion VND (207 million USD) can supply 686.5 million kWh per year.-Enditem