PetroVietnam insurer to invest into airline

The Petro Vietnam Insurance Joint Stock Corporation (PVI) will be one of the founding shareholders of the VietAir Joint Stock Airlines company.

Accordingly, PVI will contribute up to 1.2 trillion VND or 10 percent of the total chartered capital of VietAir.

Over the past year, PVI posted a turnover of 1.95 trillion VND and netted a 250 billion VND profit, a year-on-year increase of 400%.

VNA

>   Ho Chi Minh City Stock Exchange ends 2007 on a high note (19/01/2008)

>   Foreign investors increase stock sales during week (19/01/2008)

>   VDSC sets up a branch (18/01/2008)

>   COM: Trading of state-owned shareholder (18/01/2008)

>   KHA: Trading of a person affiliated with a member of Supervisory Board (18/01/2008)

>   FPT: Insider Trading  (18/01/2008)

>   LAF: The record date for participating annual shareholders’ meeting 2007 (18/01/2008)

>   PET: Approval for additional listing (18/01/2008)

>   TAC: Insider Trading  (18/01/2008)

>   VFC: Insider Trading (18/01/2008)