Insurance revenue reaches 9 billion USD in 2025
The insurance market continues to experience steady growth, according to the National Statistics Office (NSO).
Ministry to inspect insurers for motor insurance compliance
The Ministry of Finance will inspect four non-life insurance companies in 2024 to ensure adherence to mandatory motor vehicle insurance regulations.
Quang Ninh hosts ASEAN insurance meetings
The 26th ASEAN Insurance Regulators’ Meeting (AIRM26) and the 49th ASEAN Insurance Council Meeting (AIC49) opened in Ha Long city, the northern province of Quang Ninh, on December 7.
11 percent of Vietnamese have life insurance
As of 2020, 11 percent of Vietnam’s population had taken out life insurance, heard a recent symposium in Ho Chi Minh City.
Insurers’ total assets reach over 15 billion USD
Total assets of Vietnamese insurance companies in the first eight months of the year surged sharply by 35.16 percent year-on-year to nearly 365.52 trillion VND (15.55 billion USD), a report from the Ministry of Finance (MoF) showed.
Thua Thien-Hue supports offshore fishing
The central province of Thua Thien-Hue has decided to provide 3.5 billion VND (150,000 USD) to assist insurance premiums for owners of offshore fishing vessels following the Government’s Decree No.67 on several fishery development policies.
Insurance premiums surge 21 percent in Jan-July
The total premiums collected by insurance companies in the first seven months of 2017 surged by 20.9 percent year on year to 57 trillion VND (2.5 billion USD).
Foreign employees to pay social insurance premiums from 2018
Foreign employees in Vietnam with work permits or practice certificates or practice licences granted by competent Vietnamese agencies will be covered by compulsory social insurance as from 2018.