04 Mar 2008

Prudential plc welcomes Vietnam's Prime Minister

Prudential plc today welcomed His Excellency Mr Nguyen Tan Dung, the Prime Minister of the Socialist Republic of Vietnam, to its headquarters in London to address members of the London business community and participate in a panel discussion on UK investment in Vietnam.

Prime Minister Dung outlined to the assembled guests why Vietnam is an ideal investment destination for UK businesses looking to establish or expand operations in South East Asia.

Mark Tucker, CEO of Prudential plc, said: “It is truly a great privilege to welcome Prime Minister Dung to London and to Prudential today on what is his first visit since his election in 2006.

“I began visiting Vietnam in the 1980s as the Doi Moi ”open door” reforms were first beginning. The incredible potential of the country was very clear then and now, 20 years later, we can see enormously positive changes, especially in the Vietnamese economy and financial services sector.”

Prudential is one of the largest UK investors in Vietnam. Since entering the market in 1999, the company has established market leading businesses in life insurance, fund management and consumer finance. Prudential is also one of the top ten most recognised and respected brands in Vietnam.

ENDS

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Prudential plc is a company incorporated and with its principal place of business in England, and its affiliated companies constitute one of the world's leading financial services groups. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world. It has been in existence for over 150 years and has £257 billion in assets under management as at 30 June 2007.  Prudential plc is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America.

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