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PJICO
Petrolimex Joint Stock Insurance Company (PJICO) is state-owned insurance company in Vietnam, involved in the non-life insurance market. The company's stock is currently not listed on the Ho Chi Minh City Securities Trading Center and it is majority-owned by Petrolimex (51%), a state-owned petroleum company. The company is headquartered in Ha Noi Hanoi or Ha Noi ( or ; vi, Hà Nội ) is the capital and second-largest city of Vietnam. It covers an area of . It consists of 12 urban districts, one district-leveled town and 17 rural districts. Located within the Red River Delta, Hanoi is ... and has 49 branches most of Vietnam's provinces. PJICO is the fourth largest insurance provider in Vietnam, and it is the third largest non-life insurer. It had a share of around 10% in the insurance market (excluding life insurance) in 2011, making it fourth after Bao Viet Insurance, PetroVietnam Insurance and Bao Minh. References External linksPJICO official website Insurance compa ...
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Petrolimex
Petrolimex (PLX), formally the Vietnam National Petroleum Group (), is an industry group in Vietnam. Besides working in petroleum and natural gas, the company has significant subsidiaries active in the fields of insurance, transport and trading. It, in competition with PetroVietnam (PVN), is Vietnam's leading oil and gas producing company. Company main offices are located in Ha Noi. Activities Petrolimex caters oil-related products and services to Cambodia's domestic market. Beyond import/export and refining, Petrolimex is also active in the fields of engineering, installation, mechanical and oil equipment, insurance, banking. Petrolimex operates 2,352 gas stations out of the 14,000 in operation in the country, with a focus on remote and distant areas. Everything in those gas stations - lubricants, gas, insurance, banking - is produced and sold by Petrolimex' subsidiaries. Petrolimex account for 55% of Vietnam's oil-related imports, and lead the market with a 55% share of th ...
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Bao Viet Insurance
Bao Viet (also Bao Viet Holdings vi, Tập đoàn Tài chính-Bảo hiểm Bảo Việt) is the largest Vietnamese insurance company and Vietnam's seventh largest listed company by market capitalisation. It is state-owned and has a strategic partnership with HSBC, which also holds 18% of Bao Viet's shares. HSBC is, however, soon to be replaced by Sumitomo Life. Besides various insurance products, Bao Viet has diversified into stock market trading, fond management and real estate. It also has subsidiaries in banking, hotels and construction. Bao Viet has been losing market shares in recent years and has also been making losses in the insurance sector since 2009. History Bao Viet was set up following Government Decision 179/CP from 17 Dec 1964. It started operating on 15 Jan 1965, providing traditional insurance products in two branches in Hanoi and Haiphong with a total staff of 20 people and a capital stock of 10 million VND. It was transformed into a corporation (''Tổng Công ...
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PetroVietnam Insurance
PetroVietnam Insurance Joint-Stock Company (PVI vi, Tổng công ty Cổ phần Bảo hiểm Dầu khí Việt Nam) is a Vietnamese insurance company. The state-owned PetroVietnam holds a controlling stake in PVI. It had a share of around 20% in the insurance market (excluding life insurance) in 2011, making it the second largest insurer just after Bao Viet Insurance and before Bao Minh and PJICO. It has been the only one of the four big insurers that were able to significantly increase their market share from just over 10% in 2005, while market leader Bao Viet and Bao Minh have continuously lost market shares. PVI has a strategic partnership with Talanx AG, a German German(s) may refer to: * Germany (of or related to) **Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizens of Germany, see also German nationality law **Ger ... insurer. Talanx has been holding 25% of PVI's shares since Au ...
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Vietnam
Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making it the world's sixteenth-most populous country. Vietnam borders China to the north, and Laos and Cambodia to the west. It shares maritime borders with Thailand through the Gulf of Thailand, and the Philippines, Indonesia, and Malaysia through the South China Sea. Its capital is Hanoi and its largest city is Ho Chi Minh City (commonly known as Saigon). Vietnam was inhabited by the Paleolithic age, with states established in the first millennium BC on the Red River Delta in modern-day northern Vietnam. The Han dynasty annexed Northern and Central Vietnam under Chinese rule from 111 BC, until the first dynasty emerged in 939. Successive monarchical dynasties absorbed Chinese influences through Confucianism and Buddhism, and expanded ...
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Ho Chi Minh City Securities Trading Center
Ho Chi Minh Stock Exchange (HOSE), formerly known as HCM Securities Trading Center, is a stock exchange in Ho Chi Minh City, Vietnam. It was established in 1998 under Decision No. 127/1998/QD-TTg of the Prime Minister of Vietnam. HCM Securities Trading Center officially opened on July 20, 2000, and had its first trading session on July 28, 2000, with two listed companies and six security company members. The current HCMSE building formerly housed the Senate of the Republic of Vietnam until the Fall of Saigon in 1975. According to Decision No. 599/2007/QD-TTg of the Prime Minister in 2007, HCM Securities Trading Center was transformed into HCM Stock Exchange, with initial charter capital of VND 1,000 billion and the Ministry of Finance as the owner representing the agency. The charter capital was adjusted to VND 2,000 billion in 2015. The Prime Minister issued Decision No. 37/2020/QD-TTg on December 23, 2020, establishing of the Vietnam Stock Exchange. Accordingly, The Hanoi ...
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Ha Noi
Hanoi or Ha Noi ( or ; vi, Hà Nội ) is the capital and second-largest city of Vietnam. It covers an area of . It consists of 12 urban districts, one district-leveled town and 17 rural districts. Located within the Red River Delta, Hanoi is the cultural and political centre of Vietnam. Hanoi can trace its history back to the third century BCE, when a portion of the modern-day city served as the capital of the historic Vietnamese nation of Âu Lạc. Following the collapse of Âu Lạc, the city was part of Han China. In 1010, Vietnamese emperor Lý Thái Tổ established the capital of the imperial Vietnamese nation Đại Việt in modern-day central Hanoi, naming the city Thăng Long (literally 'Ascending Dragon'). Thăng Long remained Đại Việt's political centre until 1802, when the Nguyễn dynasty, the last imperial Vietnamese dynasty, moved the capital to Huế. The city was renamed Hanoi in 1831, and served as the capital of French Indochina from 1902 to 1945. On ...
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Bao Minh
Baozi (), Pao-tsih or bao, is a type of yeast-leavened filled bun in various Chinese cuisines. There are many variations in fillings (meat or vegetarian) and preparations, though the buns are most often steamed. They are a variation of '' mantou'' from Northern China. Two types are found in most parts of China and Indonesia: ''Dàbāo'' (大包, "big bun"), measuring about across, served individually, and usually purchased for take-away. The other type, ''Xiǎobāo'' (小包, "small bun"), measure approximately wide, and are most commonly eaten in restaurants, but may also be purchased for take-away. Each order consists of a steamer containing between three and ten pieces. A small ceramic dish for dipping the baozi is provided for vinegar or soy sauce, both of which are available in bottles at the table, along with various types of chili and garlic pastes, oils or infusions, fresh coriander and leeks, sesame oil, and other flavorings. They are popular throughout China ...
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Insurance Companies Of Vietnam
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ...
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Government-owned Insurance Companies
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned e ...
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