Deputy PM asks FWD Insurance to invest in start-up projects in Vietnam

Deputy Prime Minister Vuong Dinh Hue has proposed FWD Insurance of the Pacific Century Group participate in green financial funds for start-up and innovation projects in Vietnam.

At a meeting with Chairman of the group Richard Li in Hanoi on November 12, the Deputy PM asked the FWD to consider investing in green G-bonds and join insurance for renewable energy projects.

Li said his group is keen to invest in Government bonds in Vietnam and has selected the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) as its partner due to the bank's financial strength and good growth.

The FWD will focus on investment for Vietnamese start-up firms in the coming time, he affirmed.

Deputy PM Hue said the cooperation with Vietcombank - one of the leading commercial banks in Vietnam - will help the FWD expand its scope of operation to reach more Vietnamese customers.

Source: VOV5