Việt Nam should establish an insurance fund to support small and medium-sized enterprises engaged in international trade, as global market uncertainties continue to rise, according to industry experts.
Statistics show that life insurance benefit payments from January to mid-July are estimated at a total of VNĐ28.9 trillion (US$1.1 billion), an increase of 6.5 per cent over the same period last year.
The licence, issued under Decision No 100, allows Techcombank to set up TCLife to offer life insurance, health insurance, reinsurance and other related services in compliance with local regulations.
The new set of four insurance rider products offers extended insurance benefits from health care to financial protection against risks such as critical illnesses, accidental injury or death.
The HCM City Department of Health and HCM City Social Security have formally designated FV Hospital as a primary healthcare provider under the national health insurance scheme, effective from July 1, 2025.
On the occasion of the 100th anniversary of Việt Nam''s Revolutionary Press Day, Bae Seung Jun, General Director of Shinhan Life Insurance Vietnam Limited Liability Company, led a discussion on the role of the media in the sustainable development of...
After the acquisition of two domestic insurance companies by Korea’s DB Group last year, M&A activities in the Vietnamese non-life insurance sector have become attractive agains this year, with a notable deal.
According to the SBV, after 12 years of implementing the Law on Deposit Insurance, there have been a number of difficulties and problems that need to be resolved to further enhance the role of the Deposit Insurance of Vietnam (DIV).
The Government wanted 15 per cent of the total population to have taken out life insurance, with the average premium as per GDP ratio at 3.5 per cent by 2025.
As part of its ongoing efforts to a positive impact in the community, Shinhan Life Vietnam has contributed VNĐ100 million to renovate the sports playground at SOS Children’s Village Bến Tre.
Director of the Ministry of Agriculture and Rural Development’s Department of Economic Cooperation and Rural Development, said new regulations and lower costs could encourage more farmers to take out insurance.
According to the Ministry of Finance’s Vietnam Insurance Market Yearbook 2023, at the end of that year, Việt Nam had 82 insurance companies, of which 32 were non-life insurance companies.