Asian retreat continues as Aviva sells Vietnam business Lucy White For The Daily Mail © Provided by This Is Money MailOnline logo
The shake-up at Aviva under chief executive Amanda Blanc is continuing at a rate of knots, as it announced the sale of its Vietnam business.
The deal comes weeks after the insurer completed the sales of its Hong Kong and Singapore ventures, and revealed it was selling its Aviva Vita business in Italy. © Provided by This Is Money Dealmaker: Aviva boss Amanda Blanc and the Ho Chi Minh City skyline
The London-based group will sell the Aviva Vietnam Life Insurance Company to Canadian insurer Manulife. It will make roughly £100m in return for the Vietnam business. Since Blanc took over in July, she has been trying to boost Aviva s performance by slimming down its sprawling operations and focusing on the UK.
Shake-up at Aviva under Amanda Blanc continuing as it announces sale of its Vietnam business
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Aviva to exit another Asian market as CEO Blanc ramps up restructure
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