He made the recommendation while receiving the chairman of the group, Richard Li, in Hanoi on November 12.
The Deputy PM also asked FWD to consider investing in green G-bonds and join insurance for renewable energy projects.
Li said his group is keen to invest in Government bonds in Vietnam and have selected the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) as its partner due to the bank’s financial strength and good growth.
FWD will focus on investment in Vietnamese start-up firms in the coming time, he affirmed.
Deputy PM Hue said that the cooperation with Vietcombank - one of the leading commercial banks in Vietnam - will help FWD to expand its scope of operation to reach more Vietnamese customers.
He described the cooperation agreement between Vietcombank and FWD as a good model of the linkage between insurance companies and commercial banks.
The Deputy PM hoped that with great financial potential and management skills, FWD will offer more insurance products, especially life insurance packages, to Vietnamese people.