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PVFC and SVIC - Development Cooperation 
On Oct. 13, 2011, at PVFC head office, PetroVietnam Finance Corporation (PVFC) and SHB - VINACOMIN Insurance JSC (SVIC) signed a cooperation agreement.
Attending the signing ceremony, on SVIC side, there was Mr. Bui Duc Song accompanied by key heads. On PVFC side, there were Vice Chairman Vu Huy An, CEO Nguyen Thien Bao, Deputy General Director Nguyen Thu Huong and department heads. This agreement was signed to strengthen the bilateral cooperation and to make the most of advantages, experiences and qualifications of the parties. Accordingly, the comprehensive cooperation between PVFC and SVIC will be in the business of finance investment, credit, capital, currency trading...
In addition, PVFC and SVIC also committed to support and create the best conditions for each other in information exchange and opportunities to promote brand image.
CEO Nguyen Thien Bao said: "Development cooperation is a positive direction for firms to support each other in business operations and increase the feasibility of project investment on the basis of mutual benefit. In recent years, PVFC has continuously strengthened cooperation with big financial and insurance institutions to comply with the proposed strategy, striving to become the leading financial institution in Vietnam, arrange sufficient capital for development projects. The cooperation with SVIC – one of the leading insurance firm with extended network throughout the territory of Vietnam – will help PVFC expand customers, and have the opportunity to join hands with local enterprises to promote economic development."
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