Monday, March 25, 2019 - 6:30:04

distribution channel

Bancassurance brings risks for insurers

Business

Bancassurance brings risks for insurers

The model of distributing insurance products via banks (bancassurance) has contributed significantly to increasing insurers’ revenue, but experts warned that the overheating growth of the business could cause insurers to have to pay compensations due to mistakes made by bank employees, who also act as insurance products consultants.

Insurance firms plan to go digital

Business

Insurance firms plan to go digital

Most insurance businesses are planning to apply new technologies in management systems and improving customer services, and many also plan to study new products to meet the market’s demand and diversify insurance sale channels, according to a recent Vietnam Report survey.

Brands from past make comeback

Business

Brands from past make comeback

Many well-known consumer brands of the past are making a comeback in Vietnam, indicating a new-found confidence on the part of local companies to take on multinational rivals.

Korean retailers turn to Southeast Asia

World

Korean retailers turn to Southeast Asia

Korean retailers are accelerating their push to tap deeper into the Southeast Asian market after they suffered a serious setback in China, industry watchers said on October 15.