Ho Chi Minh City will struggle to attract private investors if it continues with stringent …
Read More »How insurance policies become banks’ ‘golden egg’
Selling insurance products fetch banks trillions of Vietnamese dong (VND1 trillion = $42 million) in revenues each year, but with this comes dissatisfaction from customers who say they are “forced” to pay premiums to acquire loans. At the end of 2017, Vietnamese lender Sacombank and Japanese insurer Dai-ichi Life signed …
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