Motorbike drivers unaware of compulsory insurance A month-long campaign to inspect road users nationwide started on May 15, and many drivers have been rushing to buy compulsory motorbike insurance solely to avoid being fined rather than taking out cover for potential future accidents.

Insurance industry forecast to keep thriving in 2020 The insurance industry aims to maintain a high growth rate of 18.42 per cent this year, gaining revenue of VNĐ188.73 trillion (US$8.1 billion), according to the Ministry of Finance’s Insurance Supervisory Authority (ISA).

Việt Nam’s insurance sector catches foreign attention The Vietnamese insurance market is heating up with many high-value bancassurance deals and mergers and acquisitions (M&A) unveiled recently.

Insurance firms and agents face higher qualifications bars

Insurance companies and their agents face stricter scrutiny as a number of Government decisions designed to regulate agents’ qualifications are set to take effect in November.

Việt Nam's insurance industry keeps thriving in H1 2019 Việt Nam’s insurance industry maintained positive growth in the first half of this year, with total revenue surging by 24.35 per cent year-on-year to nearly VNĐ71.15 trillion (US$3 billion), the Ministry of Finance’s Insurance Supervisory Authority (ISA) reported on Thursday.

Insurance market keeps thriving in first months of 2019 Việt Nam’s insurance industry maintained positive growth in the first four months of this year, with total premiums surging by 17 per cent year-on-year to VNĐ44.3 trillion (US$1.9 billion), the Ministry of Finance reported.

Insurance industry growth surges 17% in Q1

Việt Nam’s insurance industry maintained positive growth in the first quarter of this year, with total premiums surging by 17 per cent year-on-year, according to reports from the General Statistics Office.

Insurance industry hits growth of 24% in H1

Việt Nam’s insurance industry achieved high on-year growth of 24.35 per cent in the first half of 2018, helping total revenue to reach more than VNĐ58.65 trillion (US$2.55 billion).

VN insurance benefits from foreigners

The participation of foreign investors in Việt Nam’s insurance market will develop the market while enriching domestic insurers with experience and governance.

Non-life insurers earn US$1.78 billion revenue in 2017

Non-life insurance premiumin 2017 continued its sustained growth, with an estimated revenue of VNĐ40.5 trillion (US$1.78 billion), representing an 11 per cent year-on-year increase.