Thai group considers re-entering Vietnam insurance market
VOV.VN - Bangkok Insurance Public Company Limited (BKI) considers re-penetrating Vietnam after its withdrawal from the market 10 years ago as a result of the Southeast Asian nation’s improved investment environment, said BKI President Apisit Anantanatarat.
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The group has negotiated on buying stakes of several Vietnamese insurance companies, however, it needs more time to conduct a feasible study due to high costs.
In 2015, BKI expanded its investment to Laos and holds 45% of share of BKI Insurance Joint Stock Company. It is aiming for market expansion in Myanmar.
