Prudential Vietnam Assurance Pvt. Ltd. obtained approval from the country's finance ministry to raise its charter capital to 4.128 trillion Vietnamese dong, Viet Nam News reported June 1.
The additional capital will enable the company to boost its financial capacity, allow it to further invest in enhancing its products and services, and expand its reach across Vietnam.
Prudential Vietnam Assurance is a unit of Prudential PLC.
As of June 1, US$1 was equivalent to 22,800 Vietnamese dong.
