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Vietnam insurance market in quarter 1/2021

Continuing the recovery and positive growth from the fourth quarter of 2020, Vietnamese macroeconomic picture in the first quarter of 2021 continued to remain stable, the weather in the first months of the year was relatively favorable. However, the...

Vietnam’s economy grew 4.48 per cent in Q1

Vietnam’s economy posted a growth of 4.48 per cent in the first quarter of this year, higher than the 3.68 per cent of the same period last year. All the key sectors of the economy were relatively aligned with...

Vietnam economic outlook for 2021 looks bright

In 2020, Vietnam surprised the world with its impressive control of COVID-19 and its inspiring economic growth rate of 2.91 per cent, making the country one of the world’s top 10 nations with the highest growth, and also one...

Cyber insurance in Vietnam

Vietnam has the third highest encounter rate with ransomware in the Asia-Pacific region, behind China and Indonesia, a Kaspersky report in November 2020 says. According to the Ministry of Information and Communications, in the first 10 months of 2020,...

Vietnamese insurance industry eyeing impressive growth in 2020

Vietnamese insurance market 2020 has closed a bumpy year with impressive growth  while most of other industries have suffered several negative impacts from the Covid pandemic. According to Ministry of Finance, the insurance industry estimates a growth rate of...

The world struggles amidst uncertainty, Vietnam GDP growth to be among world’s highest in 2020

Thursday, 17/12/2020, 03:24 The world is struggling with pandemic and several uncertainties, exerting no small impact on economic prospects. Vietnam has also faced a lot of exposures but GDP growth is forecast to be among world’s highest. Top growth...

Association of Vietnamese Insurers has issued the Standard insurance policy wording of Cargo, Hull and Property

On 8th December 2016, Chairman of Association of Vietnamese insurers has signed Decision No. 044/QD-HHBHVN on Approval of the insurance policy wording of Cargo, Hull and Property edited by Association of Vietnamese Insurers. This is the result of the hard...

Insurance and progress in policy

In addition to the enhancement in management, supervisory activities and boosting insurance enterprises to do restructuring, in 2015, the Ministry of Finance has issued many policies, frameworks in insurance business, facilitating the development of this market. Big progress in...

Public property insurance

On July 18th 2015, in Hue, Insurance Supervisory Authority – Ministry of Finance has cooperated with Public property Management Department to organize Seminar on “Public property insurance: Mobilizing resources from insurance market to contribute to protection of State finance and...

Non-life insurance industry: Still in difficult time

After three years of continuous decrease, direct premium volume growth rate has started to show signs of recovery in 2014. This is thanks to economic recovery and efforts of non-life insurance enterprises in restructuring during the difficult time. However,...

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