PetroVietnam insurer to invest into airline

19/01/2008 -- 9:21 PM

Ha Noi (VNA) – 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%.-Enditem
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