NU Online News Service, Jan. 2, 12:04 p.m. – Manulife Financial Corp., Toronto, says it has agreed to buy a 40% stake in Chinfon Manulife Company Ltd., Ho Chi Minh City, Vietnam, from Chinfon Global Corp., Taipei, Taiwan.
Manulife, which already owns the rest of the Ho Chi Minh life insurance company, plans to rename it Manulife (Vietnam) Ltd.