HANOI: State capital divestment planning and the removal of limitations on foreign ownership are expected to drive insurance stocks to flourish in 2022.
There are currently nine insurance stocks listed on the market, five of which are listed on the Ho Chi Minh Stock Exchange (HoSE); Bao Viet Holdings (BVH), Beo Minh Insurance Corp (BMI), Military Insurance Company (MIG), Petrolimex Insurance Corp (PGI) and BIDV Insurance Corp(BIC).
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