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Data, AI, resilient transformation shapes future of insurance industry

Data, AI, resilient transformation shapes future of insurance industry

Market growth is no longer measured solely by revenue size or the number of contracts, but increasingly depends on service quality, risk management capabilities, innovation and the ability to build lasting trust with customers.
Việt Nam unveils financial market overhaul, targets deeper bond market to boost long-term growth

Việt Nam unveils financial market overhaul, targets deeper bond market to boost long-term growth

The reform strategy, approved under Decision 1413/QĐ-TTg, envisions a more balanced financial market structure with stronger links between its banking, capital and insurance sectors, in line with the country’s target of high growth by 2045.
Bancassurance operations undergo restructuring

Bancassurance operations undergo restructuring

Banks are increasingly moving beyond insurance distribution by taking stakes in insurers, reflecting a strategy to generate more stable fee income through customer ecosystems and long-term insurance services.
Việt Nam accelerates cashless payment push to drive digital finance growth

Việt Nam accelerates cashless payment push to drive digital finance growth

Việt Nam is accelerating efforts to expand cashless payments, with the Government targeting transaction values equivalent to 30 times GDP by 2030 as part of its broader digital finance strategy.
New study shows people paying more attention to insurance

New study shows people paying more attention to insurance

This was the first time in more than 30 years that the Vietnamese life insurance industry conducted an independent study on people''s awareness and behaviour regarding insurance.
Bankers, property advisers turn to insurance consulting amid uncertainty

Bankers, property advisers turn to insurance consulting amid uncertainty

Việt Nam’s insurance market is equivalent to about 3 per cent of GDP, compared with a global average of 6.7 per cent, underscoring room for growth.
Proposed removal of conditions for accounting and insurance services

Proposed removal of conditions for accounting and insurance services

Within the group of sectors under the Ministry of Finance’s management are accounting services, reinsurance business, insurance brokerage, insurance agency services, casino business, betting business, and duty-free retail.
Insurers launch investment-linked policies to meet customer demand

Insurers launch investment-linked policies to meet customer demand

Major life insurers in Việt Nam are actively diversifying their product offerings to meet growing demand from customers who seek a blend of protection and investment when purchasing life insurance.
Manulife Vietnam pays over VNĐ9 trillion in insurance claims to customers in 2025

Manulife Vietnam pays over VNĐ9 trillion in insurance claims to customers in 2025

Manulife''s pre-tax profit reached VNĐ3.545 trillion, reflecting effective operations and cost management.
PVI Insurances internal strength sustains A– global rating for fourth year

PVI Insurance’s internal strength sustains A– global rating for fourth year

PVI Insurance has maintained its A– global rating for four consecutive years, highlighting strong internal capacity, stable growth, and rising international recognition.
Aids for agricultural insurance premiums proposed to rise

Aids for agricultural insurance premiums proposed to rise

For agricultural production organisations, the proposed subsidy is 30 per cent, representing a 10 percentage points increase compared with the current rate.
PVI marks 30 years of growth from oil industry roots to billion-dollar insurer

PVI marks 30 years of growth from oil industry roots to billion-dollar insurer

From a modest startup with 30 employees to a billion-dollar insurer with global credibility – PVI''s 30-year journey mirrors Việt Nam''s rise on the world stage.
PVI Insurance hits 1 billion revenue, first among Vietnamese insurers

PVI Insurance hits $1 billion revenue, first among Vietnamese insurers

The milestone marks a significant achievement for the country''s insurance sector as regional economies face increased volatility and supply chain disruptions.
Shinhan Life Vietnam receives Corporate for the Community title for second consecutive year

Shinhan Life Vietnam receives 'Corporate for the Community' title for second consecutive year

Shinhan Life Insurance Vietnam Limited Liability Company (Shinhan Life Vietnam) was honoured with the ''Corporate for the Community'' title for the second consecutive year at the Saigon Times CSR 2025 Merit Ceremony.
PVI Insurance among Top 3 Non-life Insurers in Asia, marking Việt Nams global reach

PVI Insurance among Top 3 Non-life Insurers in Asia, marking Việt Nam’s global reach

PVI’s achievement at one of Asia’s most prestigious insurance awards highlights the growing competitiveness and global ambition of Vietnamese enterprises.