Vietnam

Vietnam proposes updates to deposit insurance law

Vietnam proposes updates to deposit insurance law

It aims to strengthen the role of the Deposit Insurance of Vietnam.
6 days ago

VSS, World Bank target wider social insurance coverage in Vietnam

The world organisation hopes to aid Vietnam’s goal of a 60% coverage target by 2030.

Vietnam state insurer app logs 38% insured users in digital shift

Nearly 2.5 million customer interactions were recorded last year.

Shinhan Bank inks deal with Petrolimex Insurance on Vietnam expansion

The bank will distribute PJICO’s non-life insurance products.

Vietnam's life insurance goals may miss 2025 targets

The government had set goals for 15% of the population to hold life insurance.

Renewals in Vietnamese reinsurance varied: Gallagher Re

The market continued to depend on proportional treaties for capacity.

Vietnam’s Health Insurance Fund spent $6b on patient care in 2024

Over 186.2 million received medical examination and treatment.

Vietnam amends health, social insurance guidelines

Authorities have revised regulations on medical examination and treatment.

Vietnamese insurer cuts profit forecast after Typhoon Yagi

Bao Minh’s board proposed keeping its revenue target at $268m.

Petrolimex Insurance profits from low-loss property and marine lines

PJICO follows a conservative investment strategy, with most investments held in deposits.

Vietnam nears 2025 social insurance goals, projected 20 million participants

By 2024, health insurance participants is seen to reach 95 million.

Vietnamese bank expands into non-life insurance sector

Other banks which made the same move are VietinBank, Agribank, and HDBank.

Vietnam-China talks aim for long-term elderly care solutions

Health insurance coverage in China has stabilised at above 97% of the population. 

Why Vietnam’s insurers are pivoting to foreign reinsurers for large policies

Local firms reinsured $246m domestic reinsurance premiums, $902m were transferred to foreigners.

Central bank names Dang Duy Cuong as director of Deposit Insurance of Vietnam

Dang is currently the deputy director general of SBV’s human resource department.

Vietnam's health law revision to ensure compatibility with medical laws

The law may also introduce a deadline for the annual audit settlement.

Vietnam inspects insurers for motor vehicle regulation compliance

Voters reported challenges in claiming compensation.