News Coronavirus watch01 Jul 2020

Vietnam:Major insurer forecasts reduced profit in 2020

Bao Viet, the largest insurance group in Vietnam, expects its post-tax profit to drop by 5% year-on-year to VND1.18tn ($50m). According to CEO Do Minh Truong, the group's performance in 2020 will be affected by the COVID-19 pandemic.

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