trending Market Intelligence /marketintelligence/en/news-insights/trending/BDbNZv_MIikubDLrXX0byQ2 content esgSubNav
In This List

Manulife increases chartered capital of Vietnam ops

Case Study

A Prestigious Global Business School Gains a Competitive Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Video

S&P Capital IQ Pro | Powering Your Edge

Blog

Beyond ESG with Climate Stress Testing: Getting Practical at Banks & Insurers


Manulife increases chartered capital of Vietnam ops

ManulifeFinancial Corp. raised the chartered capital of its Vietnamoperations by 38% to 1.35 trillion dong.

The company said the increase was approved by Vietnam's Ministryof Finance and was conducted at the end of the second quarter, according to arelease recently obtained by S&P Global Market Intelligence.

In addition, Manulife plans to open 10 new offices inVietnam in 2016, adding to its network of 45 offices as of the end of 2015.

As of July 12, US$1was equivalent to 22,304 Vietnamese dong.